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Tag: banking

Posted on 30/03/2023

GLOBAL MARKETS-Asian stocks rally as bank jitters calm, Alibaba lifts mood

SINGAPORE, March 29 (Reuters) - Asian shares surged on Wednesday as easing concerns over the banking sector revived risk appetite, while Alibaba’s plans to split into six units lifted Chinese tech stocks. MSCI’s broadest index of Asia-Pacific shares ...

Posted on 30/03/2023

Bank of Singapore appoints Ranjit Khanna as global market head of Middle East

INDUSTRY veteran Ranjit Khanna will join Bank of Singapore as its global market head of Middle East and chief executive of its Dubai International Financial Centre (DIFC) branch, the bank announced on Wednesday (Mar 29). Khanna was most recently the chief ...

Posted on 30/03/2023

DBS, POSB digibank app and PayLah back to normal: DBS

SINGAPORE – Singapore's biggest bank, DBS, has said that its digital services – DBS/POSB digibank Mobile and Online, DBS PayLah and DBS mTrading – have returned to normal as of 5.45pm on Wednesday (29 ...

Posted on 30/03/2023

DBS’ second outage in 16 months ‘unacceptable’, bank has ‘fallen short’ of expectations: MAS

SINGAPORE — The disruption of DBS bank’s digital services on Wednesday (March 29) is “unacceptable", coming a year after a similar incident in November 2021, the Monetary Authority of Singapore (MAS) ...

Posted on 30/03/2023

DBS service outage ‘unacceptable’, says MAS

SINGAPORE: The disruption of DBS' digital services on Wednesday (Mar 29) was "unacceptable" and the bank has "fallen short" of expectations, said the Monetary Authority of Singapore (MAS). The ...

Posted on 29/03/2023

Singapore, Britain launch negotiations on new investment treaty

The UK-Singapore Bilateral Investment Treaty (UKSBIT) as it is called will supersede the existing pact that came into force in 1975. The new treaty will include robust and up-to-date rules on the ...

Posted on 29/03/2023

DBS digital banking services, including PayLah!, restored after day-long outage

SINGAPORE — Digital services of Singapore's largest bank came back online on Wednesday evening (March 29) after an outage lasting most of the day. DBS customers had been unable to log in to online ...

Posted on 29/03/2023

DBS Digital Banking Services Restored After 10-Hour Outage

and DBS mTrading services have returned to normal” as of 5:45 p.m. on Wednesday in Singapore, the lender said in a statement. The bank is closely monitoring the situation, it said, without giving more ...

Posted on 29/03/2023

Singapore shares track higher on Wednesday, STI up 0.2%

In Singapore, the Straits Times Index booked ... after about 31.4 million shares changed hands. SGX market strategist Geoff Howie noted that Sats was the second most traded stock by turnover, trading ...

Posted on 29/03/2023

Rugby Singapore Sevens returns after five years

Sevens returns to Singapore to feature alongside the HSBC Singapore Rugby Sevens. The regional tournament was last held here in 2018 and will feature men’s and women’s teams from Singapore, Malaysia, ...

Posted on 29/03/2023

DBS suffers outage in digital services, including PayLah! mobile wallet

SINGAPORE: DBS digital services were disrupted for hours on Wednesday (Mar 29), with customers unable to log in to online banking platforms such as the PayLah! mobile wallet. Reports of service ...

Posted on 29/03/2023

DBS, POSB digibank app and PayLah still down on Wednesday afternoon

[Update at 5pm on Wednesday, 29 March: Third DBS statement on its Facebook page.] SINGAPORE – The digital banking and PayLah services of Singapore's biggest bank, DBS, which has been down since ...

Posted on 29/03/2023

PayLah, DBS & POSB online banking unavailable on Mar. 29 morning

DBS Bank's online banking services have become unavailable on Wednesday (Mar. 29) morning. Customers logging in to both DBS and POSB ibanking apps were shown an error message saying: We are ...

Posted on 29/03/2023

Inflation, rising healthcare costs key threats to financial goals, say Singapore residents in poll

So, it’s important to find avenues that offer compounding returns,” said Manulife Singapore’s chief executive Khoo Kah Siang. The survey, which is into its fourth year in the region, found that the ...

Posted on 29/03/2023

HSBC launches AI-driven structured product for private banking clients in Asia

The product was manufactured by HSBC Markets and Securities and currently available exclusively to HSBC’s Global Private Banking clients and clients with professional investor and accredited investor ...

Posted on 29/03/2023

DBS digibank app and PayLah appear to be down on Wednesday morning

SINGAPORE – The digital baking and PayLah services of ... and attempts to log in and pay by DBS PayLah were met with a "service not available" notice. Payments by DBS or POSB cards did not seem to be ...

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