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Tag: finance

Posted on 23/05/2025

“That Isn’t Me”: DBS Bank’s Ex-CEO Piyush Gupta Debunks Viral ‘Meeting’ LinkedIn Post

A LinkedIn post about a chance meeting with DBS Bank's former CEO Piyush Gupta went viral, but turned out to be a case of mistaken identity.

Posted on 22/05/2025

Banking across Asean and Greater China as ‘one group’

SINGAPORE] Being a basketball player in her youth imbued Helen Wong with a strong belief in the power of teamwork, something she has carried over to her role as chief executive of OCBC. Read more at ...

Posted on 22/05/2025

Blended finance deals in East Asia and the Pacific hit US$4 billion in 2024

SINGAPORE] Blended finance deals in East Asia and the Pacific surged to US$4 billion in 2024 from US$1.1 billion the year before, an increase of almost four times, according to a Wednesday (May 21) ...

Posted on 22/05/2025

Singapore-Based Fintech Unicorn Airwallex Raises $300 Million

Backed by the likes of Tencent, HongShan and DST Global, Airwallex has reached a valuation of $6.2 billion following its latest Series F funding round.

Posted on 22/05/2025

Singapore shares slide in tandem with regional bourses and Wall Street; STI drops 0.1%

SINGAPORE] Asian bourses including Singapore’s were largely in the red on Thursday (May 22), after overnight Wall Street’s sell-off as the United States fiscal uncertainty soured market sentiment.

Posted on 22/05/2025

Latest Singapore six-month T-bill cut-off yield slides to 2.2%

SINGAPORE] The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to 2.2 per cent, according to auction results released by the Monetary Authority of Singapore on Thursday (May ...

Posted on 22/05/2025

CNA938 Rewind – Singapore’s economy grows slightly faster, amid global uncertainties

Singapore's economy grew slightly faster than expected in the first quarter by 3.9 percent on-year. Still, this is a slowdown from the 5 percent growth seen in Q4 2024, with the Trade and Industry ...

Posted on 22/05/2025

Economists split over risk of technical recession, after revised Singapore Q1 growth beats market expectations

Private-sector economists remain split over the risk of Singapore entering a technical recession, with some raising their full-year forecasts after Q1 growth came in better than expected. Read more at ...

Posted on 22/05/2025

Got S$10,000? 4 Singapore Blue-Chip Stocks You Can Consider Scooping Up

If you have some spare cash, these four blue-chip stocks could fit snugly within your investment portfolio. The post Got S$10,000? 4 Singapore Blue-Chip Stocks You Can Consider Scooping Up appeared ...

Posted on 22/05/2025

Adani Ports Gets $150 Million Loan From DBS, Signals Return Of Lender Confidence

This new loan is seen as a sign that global banks are slowly regaining confidence in the Adani Group. The loan’s interest rate is around 200 basis points above the Secured Overnight Financing Rate ...

Posted on 22/05/2025

Adani Ports gets $150 million from DBS, first global loan since US case

Adani Ports secures $150 million loan from DBS Group, its first global facility since US bribery probe. Marks return of international investor confidence in the group.

Posted on 22/05/2025

Jail for man who siphoned more than S$12.5 million of investor funds through fake wine investment scheme

Eldric Ko went on the run in 2011 to avoid the repercussions of his actions, and only returned to Singapore last year.

Posted on 22/05/2025

Jail for man who devised bogus wine investment scheme, pocketed $12.67m of investors’ funds

A man, who set up a company that dealt with wines, and an alleged accomplice devised a fraudulent investment scheme involving the beverage to cheat over 200 investors of millions of dollars between ...

Posted on 22/05/2025

Many Singapore family businesses unprepared for succession; some prefer to sell: HSBC

SINGAPORE] Many family-owned companies in Singapore are not fully prepared to pass on the business to the next generation, an inaugural HSBC report released on Wednesday (May 14) has said. Read more ...

Posted on 22/05/2025

Singapore keeps 2025 growth forecast at 0% to 2%, though outlook ‘improved slightly’ from trade truces

SINGAPORE: The Government is keeping Singapore's economic growth forecast for 2025 at zero per cent to 2 per cent, though it said the external demand outlook for the rest of the year has "improved ...

Posted on 22/05/2025

DBS CEO Tan Su Shan named 6th most powerful woman in business in Fortune’s list

Ms Tan was ranked 89th on the magazine’s list in 2024. Read more at straitstimes.com. Read more at straitstimes.com.

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