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Tag: banking

Posted on 05/03/2026

Terry Xu & The Online Citizen publisher ordered to pay S$125,000 to UOB for defamation damages

A court in Singapore has ordered Terry Xu Yuan Chen and Miao Yi Infotech, a company in Taiwan that publishes The Online Citizen (TOC), to pay S$125,000 in damages to United Overseas Bank (UOB) for ...

Posted on 05/03/2026

UI Boustead REIT, this year’s largest IPO thus far, opens for application with forecast yield of 7.4%

The REIT aims to deliver a total return of 12.2% from organic growth, which comprises a distribution yield of 7.4% for the forecast period 2026 and DPU growth of 4.8% between 2026 and 2027. The ...

Posted on 05/03/2026

New gold ETF by LionGlobal Singapore to make stock market debut on Mar 26

Gold has been on a bull run over the past few years, fueled by global trade disputes, geopolitical tensions and financial market volatility, prompting investors to flock to it.

Posted on 05/03/2026

Maybank Singapore Joins DBS, UOB With One-Time Bonus for Junior Staff

Maybank Singapore will give one-time bonuses to over 800 junior staff, joining DBS and UOB in offering cost-of-living support.

Posted on 05/03/2026

One Singapore bank launched in the Gulf amid booming wealth flows from Asia – then came the Iran crisis

The Singapore Gulf Bank (SGB) was set up in 2024 in Manama city by the Whampoa Group, a multi-family office group linked to OCBC’s founding Lee family. It is also supported by Mumtalakat, Bahrain’s ...

Posted on 05/03/2026

Mastercard, DBS and UOB successfully trial autonomous payment by AI agent in Singapore

The trial by Mastercard and Singapore banks shows how AI systems could carry out everyday purchases on behalf of consumers once identity and consent are verified.

Posted on 05/03/2026

Singapore bank DBS secures China bond underwriting license

SINGAPORE ― DBS Group, Singapore’s biggest bank by assets, said on Wednesday its China unit has been granted a principal underwriting license for nonfinancial corporate bonds in China’s interbank bond ...

Posted on 04/03/2026

OCBC chief Tan Teck Long’s new strategy is a masterstroke, but execution risks abound

While his ‘Next Frontier’ plan looks good on paper, it must survive contact with operational reality Read more at The Business Times.

Posted on 04/03/2026

TOC editor, publisher ordered to pay $125k for defaming UOB over ‘baseless’ claims by former client

The legal action against Mr Koh has been stayed as he been adjudged to be a bankrupt by another bank. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 04/03/2026

Singapore to invest $630M in emission reduction

Singapore has pledged to invest SG$800 million (US$630 million) over the next five years to support efforts to reduce carbon dioxide emissions, reinforcing its long-term climate ambitions.

Posted on 04/03/2026

Singapore Explores Regional Physical Gold Trading Hub With Global Banks

Singapore is exploring a regional hub for physical gold trading with global banks as demand for bullion rises across Asia.

Posted on 04/03/2026

DBS China captures 38% of Panda bond market in 2025; secures principal underwriting license

Foreign issuers are increasingly tapping China’s bond markets for financing, DBS says Read more at The Business Times.

Posted on 04/03/2026

Terry Xu and publisher of The Online Citizen ordered to pay S$125,000 for defaming UOB

UOB sued Mr Terry Xu Yuan Chen and the publisher of The Online Citizen over a series of articles and social media posts alleging financial scandal, criminal wrongdoing and coercive conduct towards two ...

Posted on 04/03/2026

Singapore Bank DBS Secures China Bond Underwriting Licence

SINGAPORE, March 4 (Reuters) - DBS Group, ⁠Singapore's ⁠biggest bank by ⁠assets, said on Wednesday its China ​unit has been granted a principal underwriting licence for ‌non-financial corporate bonds ...

Posted on 04/03/2026

DBS secures China bond underwriting licence

DBS said its China unit was one of the most active foreign banks for panda bonds in 2025. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 04/03/2026

OCBC forges ahead in 4Q earnings, but DBS leads in dividend yield

OCBC Bank delivered a strong fourth quarter earnings report, forging ahead of its local peers, whose earnings missed estimates and were down year-on-year.

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