As such, she believes that the current weakness is an opportune time to accumulate high-quality Singapore blue chips for investors with a long-term investment timeframe. These investors can enjoy a ...
AI already makes 4 million decisions at OCBC each day, as the bank adds ChatGPT to the mix
Starting this November OCBC will be rolling out a dedicated ChatGPT-powered client to all 30,000 of its employees worldwide, following a successful six month trial on a group of 1,000, which concluded ...
UOB cards score big with early access to Taylor Swift, Ed Sheeran concert tickets
SINGAPORE – Taylor Swift’s tie-up with the third-largest bank in Singapore propelled the lender’s credit card fees to a record in the third quarter, the latest example of the American pop star’s ...
Citi and HSBC: A tale of two wealth strategies
and the $529 million purchase of Axa Singapore two months later. While HSBC’s press release emitted aspiration, Citi adopted a more passive stance. It emphasized the deal’s capacity to “simplify” its ...
UOB presale tickets for Ed Sheeran’s 2024 concert sells out in under 2 hours
The UOB cardmembers' presale tickets for British singer Ed Sheeran's 2024 concert are entirely sold out. As of 12:14pm, Ticketmaster SG put up a notice on their website, informing the public that the ...
Brokers’ take: DBS lowers Clint target to S$1.35 on forex headwinds
Find out more about subscription packages here. A WEAKER rupiah-to-Singapore-dollar exchange rate has prompted DBS Group Research to lower its price target on CapitaLand India Trust (Clint) to S$1.35 ...
DBS Bank acquires 750,000 units in MLT for $1.51 apiece
DBS Bank acquired 750,000 units in Mapletree Logistics Trust ... See Also: Click here to stay updated with the Latest Business & Investment News in Singapore Maybank lowers Mapletree Logistics Trust’s ...
$230,000 for a Subaru Forester. Why Singapore is the world’s most expensive place to drive
The fascination extends, of course, to prestige and sports cars their parents can’t afford and which are anything but a rarity in the Asian finance hub. Singapore has introduced Certificates of ...
HSBC appoints Priya Kini as head of Singapore commercial banking
Find out more about subscription packages here. HSBC Singapore has appointed Priya Kini as its head of commercial banking, with the appointment taking effect on Jan 1, 2024. Kini, now the head of ...
Taylor Swift Mania Sparks Jump in Singapore Bank’s Card Fees
Taylor Swift’s tie-up with the third-largest bank in Singapore propelled the lender’s credit card fees to a record in the third quarter, the latest example of the pop star’s extraordinary economic ...
UOB sees stronger loan and fee growth in 2024; Q3 core net profit up 5%
SINGAPORE – UOB is expecting better loan and fee growth in 2024, saying that while the macroeconomic outlook is uncertain, the Asean region remains a bright spot. Deputy chairman and chief executive ...
Mourant Set To Launch In Singapore with Funds Partner Hire from Maples
“We will also be looking for banking and finance mandates, as well as corporate work generally, so it is a mirror image of what we are already doing in Hong Kong,’ he added. Luton will be in charge of ...
Banks and telcos to be held jointly responsible for phishing scams in Singapore
The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) today published a joint consultation paper proposing a Shared Responsibility Framework (SRF) for phishing ...
U.S. and China commercial property markets face headwinds but UOB is optimistic on Southeast Asia
Commercial real estate markets in the U.S. and China are economic pain points to monitor in a higher-for-longer rate environment, said Singapore's United Overseas Bank. But the bank remains optimistic ...
Singapore bank UOB sees stronger 2024 outlook, Q3 net profit trails estimate
SINGAPORE: Singapore's United Overseas Bank (UOB) expected a stronger outlook for next year including better loan and fees growth, as it reported on Thursday (Oct 26) a weaker-than-expected 1 per cent ...
UOB’s Core Net Profit Rises to S$1.48 Billion: 5 Highlights from the Bank’s Latest Business Update
The lender expects margins to remain firm with fee income increasing by double-digits for 2024. The post UOB’s Core Net Profit Rises to S$1.48 Billion: 5 Highlights from the Bank’s Latest Business ...