SINGAPORE] Analysts have downgraded their outlook on Singapore banks amid concerns of weaker loan growth and higher credit costs, as Trump’s tariffs threaten a global trade war. Read more at The ...
Singapore to Set Up Task Force to Address Economic Uncertainties
Singapore will set up a task force to address economic uncertainties after the U.S. announced plans to impose a reciprocal tariff of 10% on imports from the city-state, Prime Minister Lawrence Wong ...
Here are the top 15 companies in Singapore for career growth
SINGAPORE] LinkedIn on Tuesday (Apr 8) unveiled a list of top 15 employers in Singapore in its 2025 edition, picking companies for their ability to advance employees and grow skills, among other ...
DBS Unveils Merchant Banking Package With Waivers, Cashback for SG60
DBS is stepping up its efforts to support heartland businesses in Singapore with the launch of an enhanced Heartland Merchant Banking Package.
UOB Kay Hian downgrades DBS to ‘sell’, OCBC to ‘hold’; cuts target prices
SINGAPORE] UOB Kay Hian (UOBKH) downgraded Singapore banks DBS and OCBC to “sell” and “hold”, respectively, citing forecasts of higher credit costs and “anaemic” loan growth resulting from US ...
Best Fixed Deposit Rates in Singapore (Apr 2025)—Minimum Deposits From $500, Rates Up To 2.90%
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...
UOB Kay Hian lowers 2025 STI target to 3,720 with investors ‘liberated’ of profits this year
From a previous year-end 2025 target of 4,115 points, UOB Kay Hian's revised target for the index is now 3,720 points, which is pegged to a PE multiple of 13.4x which is not "view as stretched for a ...
UOB Kay Hian maintains ‘buy’ and $1.76 target price on ComfortDelGro even with Grab’s impending entry as taxi operator
Grab's impending entry as the sixth taxi operator in Singapore is a "slight negative" for ComfortDelGro but UOB Kay Hian analysts Llelleythan Tan Yi Rong and Heidi Mo have kept their "buy" call on ...
Sembcorp and other Asian energy plays are possible trade war ‘shelters’, says HSBC
Sembcorp Industries has been named by HSBC Global Research as one of the "preferred" Asian energy and utilities stocks that are possible "shelter" plays amid the worsening global trade war.
DBS downgrades UOB to ‘hold’, slashes target price by 15% amid trade war concerns
DBS Group Research has downgraded United Overseas Bank (UOB) to “hold” and maintained the same rating on Oversea-Chinese Banking Corporation (OCBC) amid trade war concerns. DBS analyst Lim Rui Wen ...
Trump’s tariffs: what are Singapore’s possible options in responding?
Singapore applies zero tariffs on US products, as long as they qualify as originating goods under the FTA’s rules of origin. The exception is for Singapore’s goods and services tax, which applies to ...
Japan, Singapore central banks adjust strategy in response to Trump tariffs
Due to the recent tariffs imposed by the U.S. government, central banks in Singapore and Japan are adjusting their strategies and policies to prepare for the economic impact. Ministers of the European ...
UOB One Account Nerfed, Down to 3.3% From 4%—Which Savings Accounts Will Earn You More?
The UOB One account is getting nerfed—again. The UOB One account will now earn you a maximum effective interest rate (EIR) of 3.30% p.a., down from 4% p.a., which was in turn down from 5% p.a. Here's ...
Singapore’s DBS, BoC customer data at risk after ransomware attack on vendor
Some customer information from Singapore's DBS Group and Bank of China's branch in the country has potentially been compromised after a ransomware attack on their data vendor Toppan Next Tech (TNT).
DBS, Bank of China Singapore customers’ data extracted after printing vendor hit by ransomware attack
"The attack has led to customer information from DBS Bank and Bank of China Limited, Singapore branch, being extracted by the threat actor. No customer log-in information has been compromised," said ...
DBS vendor ransomware attack potentially exposes 8,200 customer statements
Singapore's DBS Group said on Monday its data vendor, Toppan Next Tech (TNT), had suffered a ransomware attack, potentially compromising customer statements of around 8,200 DBS customers.