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 ...
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.
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.
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.
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.
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.
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.
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.
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, ...
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.
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.
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.
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.
Former Cathay Cineplexes operator mm2 Asia hit with $74.6m demand from UOB
UOB has demanded repayment of about $74.6 million from entertainment group mm2 Asia and several of its units, the entertainment group said in a bourse filing on Nov 10.mm2 Asia and its subsidiaries — ...
DBS boosts corporate client support with generative AI-powered virtual assistant
The enhanced DBS Joy chatbot fields round-the-clock queries from corporate clients, including SMEs, improving satisfaction scores by 23% during trials.
DBS Freezes Hiring for AI-Vulnerable Roles, Commits to Upskilling 13,000 Employees
DBS is retraining staff and cutting contract roles as AI reshapes jobs, shifting workers toward digital and advisory roles.