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Tag: banking

Posted on 06/08/2025

DBS Second-Quarter Net Profit Likely Fell Slightly — Earnings Preview

Shares of DBS, which is also Southeast Asia's largest lender, fell about 3% in the second quarter, trimming year-to-date gains to around 12%. The stock slumped after President Trump announced sweeping ...

Posted on 06/08/2025

Hong Kong asks insurers to return investing roles from Singapore, sources say

The push started in early 2024 and is focusing on companies including AIA Group, the sources said. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/08/2025

UOBKH Alpha Picks portfolio beats STI in July, new top picks for Singapore, Malaysia named

Alpha Picks portfolio surpassed the Straits Times Index (STI) in July despite the latter hitting record highs, said an analyst report on Monday (Aug 4). Read more at The Business Times.

Posted on 06/08/2025

Singapore to Invest $3.7 Billion With Fund Managers to Help Boost … – MSN

Singapore plans to invest S$5 billion ($3.7 billion) with fund managers to help boost the local stock market, and will start requiring some family offices to deploy a portion of their assets into ...

Posted on 06/08/2025

ICH Group Anchors Key SGX Group IPOs; Bullish on Singapore’s Small-Mid-Cap Market

Advised and invested in 200+ SGX-listed companies SINGAPORE - Media OutReach Newswire - 6 August 2025 -ICH Group is the key anchor investor in the recent Initial Public Offerings (IPOs) of Lum Chang ...

Posted on 06/08/2025

Will OCBC’s incoming CEO Tan Teck Long be a safety steward or a transformative leader?

Helen Wong does not leave too big shoes for Tan Teck Long to fill, but OCBC needs to catch up with DBS Read more at The Business Times.

Posted on 06/08/2025

SG60: Singapore’s role in South-east Asia’s AI future

AS THE saying goes, “data is the new currency”. This rings especially true today, as artificial intelligence (AI) is unlocking business transformation and fuelling an incredible surge in data demand ...

Posted on 06/08/2025

SG60: Designing progress, the Singapore way

THERE is much to celebrate with our nation’s 60th year of independence. Few countries have built so much, so deliberately, and in so little time post-independence. Read more at The Business Times.

Posted on 06/08/2025

SG60: From AI to quantum – can Singapore lead the next era of financial innovation?

ARTIFICIAL intelligence (AI) is already reshaping financial services from real-time fraud detection to precision-led customer insights. But the next leap forward will come not from AI alone, but from ...

Posted on 06/08/2025

SG60: Singapore at 60 – a sustainability journey and the way forward

AS A small island with no natural resources, Singapore has, since independence, always embraced sustainability. Today, in the face of the global climate crisis, Singapore has both deepened and ...

Posted on 06/08/2025

What was the sole mixed-use investment deal in Singapore in Q2?

The transaction was worth over S$1.3 billion. In Q2/2025, only one major transaction was recorded in Singapore’s mixed-use sector. According to a Savills report, this involved a 50.1% interest in ...

Posted on 06/08/2025

Asia’s Fintech Revolution: Mobile Banks Are Reshaping Finance

Maksym Sakharov, co-founder and CEO of WeFi, explores how Asia’s mobile-first fintech companies have reshaped the global financial landscape by bypassing legacy systems and reaching hundreds of ...

Posted on 05/08/2025

Dezign Format targets $6.5m IPO on Catalist, eyes Malaysia expansion

This will be the third homegrown company to go public after a dearth of SGX listings. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 05/08/2025

Singapore shares up again, lifted by retail sales growth; STI rises 0.3%

Across the broader market, advancers outnumber decliners 297 to 218. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 05/08/2025

10 Best Savings Accounts in Singapore with the Highest Interest Rates (Aug 2025)

On 1 May, both UOB One and OCBC 360 slashed their rates, each dropping to 3.30% p.a. when you credit your salary and spend on your card. Just a month later, on 1 Jun 2025, Standard Chartered turned ...

Posted on 05/08/2025

Hong Kong Asks Insurers to Return Investing Roles From Singapore

Life insurers have become the latest target in Hong Kong’s efforts to compete with Singapore in retaining talent and capital.

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