Tan cited AirTrunk as a case in point; a data centre operator and DBS client, which made waves in 2024 when it was purchased by a Blackstone-led consortium for A$24 billion. “AirTrunk is a great case ...
Potential IPO candidates keep their options open
Jefferies event on May 16, several possible IPO candidates, including familiar names to local consumers like Carousell and Shopback, were put under the media spotlight.
14 Years of Sheng Siong: How Much You Gained Investing in 1,000 IPO Shares
You’ll be amazed at how much wealth you would have created just by holding on to Sheng Siong’s shares over the years. The post 14 Years of Sheng Siong: How Much You Gained Investing in 1,000 IPO ...
‘No major surprises’ at OCBC and $2.5 bil capital return plan ‘intact’: RHB
The bank has noticed “some cautiousness” among wealth management customers in 2Q2025 so far, says RHB. “But, on the flipside, this means OCBC’s clients are not highly leveraged.” ...
Ryde Group Shares Gain After Company Deepens Green Strategy With Stake In EV Rental Firm Atoll
Ryde Group shares surge after acquiring 40% stake in EV rental firm Atoll to advance green mobility in Singapore.
HSBC Gains 18.3% So Far This Year: How to Play the Stock?
HSBC Holdings plc HSBC shares have gained 18.3% so far this year, outperforming the S&P 500 Index’s 1.2% rise. While the stock has underperformed its industry’s growth of 22.2%, it has performed ...
Standard Chartered cuts jobs in Singapore; moves them to India: Finance jobs portal
Affected employees in Singapore include those from the technology and operations teams. Read more at straitstimes.com. Read more at straitstimes.com.
UOB becomes direct participant in China’s cross-border clearing and settlement system
SINGAPORE] UOB and its wholly-owned subsidiary UOB China have become direct participants in China’s Cross-border Interbank Payment System (CIPS), the bank said on Wednesday (Jun 18). Read more at The ...
HSBC Names Asia Veteran Christopher Chua Global M&A Head
HONG KONG (Reuters) -Europe's biggest bank HSBC appointed Christopher Chua head of mergers and acquisitions on Wednesday, after its former global head left for JPMorgan last month.
Singapore lender DBS aims to double Australian lending book in 5 years
DBS Group aims to double its Australian lending book in the next five years, its CEO Tan Su Shan said, as the Singapore-headquartered bank seeks to take advantage of trade links between Australia and ...
Singapore’s DBS Bank throws down gauntlet to ANZ
The new boss of the biggest lender in South-East Asia says Australian companies should take AirTrunk’s lead and be more ambitious about regional expansion.
DBS to Step Up Financing of Australia Flows to Southeast Asia
DBS Group Holdings Ltd. partnered with the Australian government to boost trade with Southeast Asia amid the upheaval from the Trump administration’s impact on global flows.
DBS celebrates 10 years in Australia by inking MOU for Australian companies and investors to expand into Southeast Asia
Partners within the agreement will make available a suite of essential resources to facilitate connections with regional partners and industry leaders to unlock commercial opportunities.
Centurion’s REIT listing signals hope for Singapore IPOs
SINGAPORE: Singapore-based Centurion Corporation announced plans to list a Real Estate Investment Trust (REIT) on the Singapore Exchange (SGX) Mainboard on June 11. This can catalyse more initial ...
Singapore growth, inflation forecasts cut amid geopolitical jitters
Economists have lowered their forecasts for Singapore’s growth and inflation this year and are expecting a further easing of monetary policy next month, a survey of forecasters by the Monetary ...
The UK has a lot to learn from speedy Singapore
Adopting innovation from overseas is itself a Singaporean practice. The Asian city state followed the UK’s regime for Insurance Linked Securities, such as catastrophe bonds, and ran with it. It ...