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Tag: banking

Posted on 11/11/2025

Reuters Next – Diversification is even more urgent post ‘Liberation Day’, says DBS CEO

DBS Group chief executive Tan Su Shan said it was more important for businesses to diversify after the United States announced tariffs on imports from dozens of countries on 'Liberation Day' in April.

Posted on 11/11/2025

Standard Chartered to Support DeCard Stablecoin Payments in Singapore

Powered by DCS and backed by over 50 years of card-issuing heritage, DeCard blends trust with Web3 innovation. Evolving from its roots as Diners Club Singapore, DCS is now a next-gen global payments ...

Posted on 11/11/2025

StanChart to Back DCS’ DeCard with Banking, FX Services for Stablecoin Payments

Standard Chartered partners with DCS Card Centre to provide banking and FX support for DeCard’s stablecoin payments in.

Posted on 11/11/2025

OCBC Shares Touch Record High as Earnings Spark Analyst Upgrades

DBS Group Research has upgraded OCBC to buy from a hold, citing higher expectations for return on equity. A share re-rating "is in the works" if OCBC details a clear plan for capital returns and bulks ...

Posted on 11/11/2025

OCBC shares continue rising, reaching record intra-day high of $18.43

OCBC shares reached $18.43 at 9.44am on Nov 11, marking a new intra-day high. OCBC shares have gained some 9% over the past week.

Posted on 11/11/2025

Former Cathay Cineplexes operator mm2 Asia faces S$74.6 million debt repayment demand from UOB

The entertainment group also faces millions of dollars in repayment demands from landlords over the now-closed cinema chain Cathay Cineplexes.

Posted on 10/11/2025

Singapore’s Grab to invest $60 million in remote driving firm Vay

Grab Holdings will invest $60 million in remote driving firm Vay Technology, the Singaporean firm said on Monday, sending its shares up more than 6% in premarket trading.

Posted on 10/11/2025

Frasers Property partners CIMB Singapore to provide SMEs with flexible financing solutions

Participating retailers at Frasers Property malls will get free account setup and payment terminals Read more at The Business Times.

Posted on 10/11/2025

DBS, Franklin Templeton launch Singapore’s first tokenised retail fund

The fund is available to DBS wealth clients and accredited investors, with retail access expected in Q1 2026 Read more at The Business Times.

Posted on 10/11/2025

SoftBank-backed Lenskart wobbles after volatile debut despite oversubscribed IPO

One of India's most storied startup, Lenskart, listed on the exchanges today but its debut did not live up to the hype.

Posted on 10/11/2025

Southeast Asia must step up efforts to attract climate finance, says Ravi Menon

The region has “quite a long way to go” in getting the investment needed for its energy transition, Singapore’s Ambassador for Climate Action tells CNA’s Sarah Al-Khaldi.

Posted on 10/11/2025

OCBC shares continue rally to hit all-time high after strong Q3

[SINGAPORE] Shares of OCBC : O39 0% hit a new all-time high on Monday (Nov 10), continuing a rally from last week. The counter rose 1.4 per cent to reach a new intraday high of S$18.02 as at 1.31 pm, ...

Posted on 10/11/2025

RHB raises OCBC’s target price by nearly 7%, but stays ‘neutral’ after 3QFY2025 results

While OCBC reaffirmed its 60% payout for FY2025, investors will need to wait until the 4QFY2025 briefing — expected sometime in February 2026 — for fresh updates on further capital management plans.

Posted on 10/11/2025

XTransfer and OCBC to Offer Cross-Border Financial Services for SMEs

XTransfer and OCBC are collaborating to expand cross-border financial solutions for SMEs across Greater China and ASEAN.

Posted on 10/11/2025

UOB demands $74.6 million payment from former Cathay Cineplexes operator mm2 Asia

The sum is roughly three times the size of mm2 Asia’s $26 million market value. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 10/11/2025

UOB could be Singapore’s top ‘value-up’ play

DBS likely to outperform despite its seemingly high valuations, while OCBC may come to be viewed as the main value play among the 3 Singapore banks Read more at The Business Times.

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