UOB’s net interest income rose 31%, led by an expansion in net interest margin. Its loan-related fees and wealth management fees were softer compared to a year ago, as investor sentiments remained ...
Singapore’s UOB bank Q2 net profit rises 27% on-year, in line with forecast
SINGAPORE: Singapore's United Overseas Bank (UOB) reported on Thursday (Jul 27) a 27 per cent increase in net profit in the second quarter from a year earlier that is in line with expectations mainly ...
UOB Q2 profit up 27% to $1.4 billion; dividend of 85 cents declared
UOB’s earnings were in line with the forecast made by analysts in a Refinitiv poll. Read more at straitstimes.com.
OCBC appoints its first group chief sustainability officer
Two months after announcing its sectoral decarbonisation targets, Southeast Asia’s second-largest bank Oversea-Chinese Banking Corporation (OCBC) has created the role of group chief sustainability ...
De-risking from China will lead to a ‘more expensive world,’ warns CEO of Singapore’s $290 billion investment firm: ‘It’s an insurance policy, you pay a premium’
Pillay has served as CEO of Temasek since October 2021; he was previously head of the state-owned investor’s international division. Temasek Holdings is Singapore’s state-owned investment company and ...
Singapore-headquartered Mirxes secures US$50 mil in Series D funding; files listing application with HKEx
Singapore-headquartered Mirxes Holding Company has successfully secured US$50 million ($66.3 million) in its Series D funding round.
Singapore biotech Mirxes files for Hong Kong IPO after raising $66 million
SINGAPORE - Cancer diagnostics company Mirxes has applied to Hong Kong’s stock exchange for an initial public offering (IPO), potentially becoming the first company based outside of China and Hong ...
DBS Group: A Solid Bank, But Limited Catalysts In The Near Term
DBS' strong position, robust capital, & positive long-term growth outlook make it a top-performing bank in Singapore, with a reasonable dividend yield of over 5%. Read more here.
5 Best Personal Loans in Singapore with Lowest Interest Rates (Jul 2023)
If you’re in urgent need of money, but too paiseh to borrow from your family and friends, your best bet is probably a personal loan. With a personal loan, you borrow cash from a bank or financial ...
Singapore shares up 0.6% ahead of Fed’s policy decision
SINGAPORE shares edged up on Wednesday (Jul 26) ahead of an expected interest-rate hike by the United States Federal Reserve, which will be released in the early hours of Thursday (Singapore time).
Singapore High Court Declares Crypto as Property in Case Involving Bybit
Singapore’s High Court has recognised crypto as a property capable of being held on trust, in a case involving Seychelles-based exchange Bybit and a contractor, according to a court judgement ...
HSBC and Keppel to explore climate solutions
Singapore’s Keppel Corporation and HSBC have agreed to explore opportunities to collaborate on decarbonization and sustainability solutions, particularly in the Greater Bay Area and across Asia.
SCB WEALTH dominates Citywire ASEAN Awards 2022/23, winning 3 top accolades
Mr. Sornchai Suneta, Executive Vice President of SCB Investment Office and Product Function at Siam Commercial Bank, proudly announced SCB WEALTH’s triumphant success at the “Citywire ASEAN Awards ...
Ant Group plans restructuring, paving way for Hong Kong IPO – Bloomberg News
Jack Ma's Ant Group is planning a restructuring that will break off some non-core operations of its China financial-related business, Bloomberg News reported on Tuesday.
Yatharth Hospital IPO opens: GMP, subscription status, should you subscribe or not?
SBI Life Insurance Company, Goldman Sachs (Singapore), Kotak Mahindra Life Insurance Company, ICICI Prudential Mutual Fund, Max Life Insurance Company, HDFC MF, and BNP Paribas Arbitrage are a few ...
Yatharth Hospital IPO: Firm mobilises ₹206 crore from anchor investors a day ahead of subscription
Yatharth Hospital & Trauma Care said in an exchange filing it has raised ₹ 206 crore from anchor investors on July 25, a day ahead of its IPO subscription opening for bidding. Yatharth Hospital's ...