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Tag: banking

Posted on 08/10/2026

Singapore Bank Stocks Drop Amid Concerns Around Earnings Risks

The losses dragged Singapore's benchmark FTSE Straits Times Index into the red, setting it up for its worst day since April last year. The three banks make up more than half the weight of the ...

Posted on 08/10/2026

Marcos arrives in Singapore for investment, regional talks

President Ferdinand Marcos Jr. arrived in Singapore late Wednesday, October 7, for a five-day working visit to promote investment opportunities in the Philippines and discuss regional issues with ...

Posted on 08/10/2026

Revolut Plans New Singapore Office, Targets S$350 Million Investment

Revolut will invest S$350 million in its Singapore operations, expanding its local workforce and scaling business payment tools.

Posted on 08/10/2026

Singapore sets AI risk rules for financial sector from 2027

The Monetary Authority of Singapore (MAS) on Wednesday issued the Guidelines on Artificial Intelligence (AI) Risk Management to support responsible AI ...

Posted on 08/10/2026

Rs 41,750 crore AI data centre leads Chhattisgarh’s Rs 43,600 crore Singapore investment haul

Energy Capital Global proposed a 100 MW AI-ready data centre campus, while Chhattisgarh also received investment interest in solar power, food processing and skilling.

Posted on 08/10/2026

Canton Foundation Brings Finance and the Digital Asset Ecosystem Together at Canton Forum Singapore

Canton Foundation, the independent organization supporting the development and adoption of the Canton Network, will host Canton Forum Singapore on October 8 at the ArtScience Museum, bringing together ...

Posted on 08/10/2026

Hong Kong questions HSBC over decision to base AI hub in Singapore – report

The HKMA also held talks with both HSBC and Standard Chartered regarding the placement of senior executives in Hong Kong.

Posted on 08/10/2026

Singapore Mandates Bail-In Bonds for Seven Banks; DBS Faces S$4.3 Billion Capital Gap

Singapore bank regulation 2026 reached a milestone as Parliament passed the Financial Services and Markets (Amendment) Bill, giving the Monetary Authority of Singapore power to require its seven ...

Posted on 08/10/2026

Marcos departs for Singapore: Investment talks, F1 Grand Prix on agenda

MANILA, Philippines — President Ferdinand Marcos Jr. left Manila on Wednesday evening for a working visit to Singapore from Oct. 7 to 11. The aircraft carrying Marcos and the Philippine delegation ...

Posted on 08/10/2026

Marcos’ 5th Singapore visit: Investments, nuclear energy on agenda

MANILA, Philippines — President Ferdinand Marcos Jr will make his fifth visit to Singapore from Oct 7 to 11, with key items on his agenda including investments, nuclear energy and closer coordination ...

Posted on 08/10/2026

DBS Group stock weighs 1.87 percent margin against 9 percent profit growth

DBS Group (ISIN SG1L01001701) was trading at SGD 77.78 on the Singapore Exchange on October 7, 2026, down 0.99 percent from the prior close of SGD 78.56. The current market picture puts the bank's ...

Posted on 07/10/2026

Maersk Owner Aims to Invest in Asia Startups With New Office

A.P. Moller Holding A/S, which controls Danish shipping giant A.P. Moller-Maersk A/S, is opening a new office in Singapore to invest in growth companies in Asia.

Posted on 07/10/2026

Citi Wealth Brings Together Global Investment Leaders and Clients at Wealth Symposium 2026

Citi Wealth hosted its flagship Wealth Symposium 2026, bringing together more than 500 clients for a day of discussions on the trends shaping the future of wealth and investing.

Posted on 07/10/2026

HSBC Holdings (LSE:HSBA) Draws Hong Kong Questions After Singapore AI Hub Pick

HSBC Holdings (LSE:HSBA) has been questioned by the Hong Kong Monetary Authority over its decision to base a new global AI hub in Singapore. The central bank inquiry focuses on why the AI centre was ...

Posted on 07/10/2026

OCBC sheds S$8 billion in value as shares close nearly 6% down; analysts cautious on banks

[SINGAPORE] Shares of OCBC dropped nearly 6 per cent on Wednesday, with the bank downgraded by Citi from “neutral” to “sell” earlier on the same day.

Posted on 07/10/2026

DBS, OCBC and UOB shares have fallen. Is it a good time to buy?

SINGAPORE – Shares of OCBC fell more than 5% on Oct 7, after Citi cited softer-than-expected third-quarter 2026 earnings expectations and downgraded the stock to “sell”.

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