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Tag: finance

Posted on 15/04/2025

Asian Stock Markets Rise Amid Hopes for More U.S. Tariff Exemptions

Asian stock markets rose Tuesday morning amid tentative hopes for more U.S. tariff exemptions that could lessen the negative impact of tougher trade barriers.

Posted on 15/04/2025

A ransomware attack hit a DBS vendor. What is it and how does it affect bank operations?

SINGAPORE] Customer data from DBS and Bank of China’s Singapore branch (BOC) were stolen when their printing vendor was hit by a ransomware attack last week. Read more at The Business Times.

Posted on 15/04/2025

Automotive group Vin’s Holdings shares rise on IPO debut in SGX’s first listing of 2025

SINGAPORE] Shares of Vin’s Holdings (VH) climbed on its debut on Tuesday (Apr 15), in the first IPO on the Singapore Exchange this year. Read more at The Business Times.

Posted on 15/04/2025

2 in 3 Singapore residents aim to be financially independent between age 40 and 60: CIMB survey

More than half of those surveyed also said they believe they need more than S$1 million to achieve financial independence.

Posted on 15/04/2025

UOB enhances sustainable financing frameworks, granting SMEs easier access

UOB says it is the only Singapore bank to incorporate MAS’s technical screening criteria of the Singapore-Asia Taxonomy into all of its six sector-focused sustainable financing frameworks.

Posted on 15/04/2025

DBS maintains $1.12 target price on Grand Venture following 1HFY2025 revenue guidance reaffirmation

DBS Group Research has kept its "buy" call and $1.12 target price on Grand Venture Technology after the manufacturer reaffirmed its 1HFY2025 revenue guidance amid wider sell-down of tech stocks.

Posted on 15/04/2025

YLF Group Marketing withdraws IPO even as placement shares in Vin’s Holdings’ sell out

The candy maker did not give a reason for withdrawing its preliminary offer document. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 15/04/2025

MAS eases Singapore dollar policy to help economy weather Trump’s tariff storm

Singapore's central bank reduced the pace of the local currency's trade-weighted appreciation in its second such move in 2025, in response to easing inflation and rising risks to economic growth from ...

Posted on 14/04/2025

Singapore economy expected to slow, but analysts split on whether technical recession is likely

Analysts say that Singapore stands ready to take action to support its economy through fiscal measures and monetary policy.

Posted on 14/04/2025

Standard Chartered launches sports investing fund for wealthy clients

StanChart says the media industry has seen a growth in media contract value of 16%-17% over the past decade, with major sports leagues signing “record-breaking broadcasting deals”.

Posted on 14/04/2025

10 Dining Deals To Eat Out And Save In 2025, Including 1-For-1 Hotel Buffets And Omakase

Enjoy 1-for-1 buffets, omakase deals & dining discounts with DBS/POSB Cards at top restaurants in Singapore in 2025.

Posted on 14/04/2025

Impact of Trump tariffs could push Singapore into technical recession, after Q1 growth disappoints: economists

SINGAPORE] Private-sector economists warned that Singapore could slip into a technical recession this year, as the escalating trade war between the United States and China is expected to weigh heavily ...

Posted on 14/04/2025

UOB, Wee Foundation pledge $110 mil to NTU, part of bank’s 90th anniversary gifts

Last month, the bank announced a $30 million commitment to programmes supporting the education of more than 120,000 students and children in Singapore and the region.

Posted on 14/04/2025

Singapore sees zero growth as a possibility this year as it cuts GDP outlook on tariff worries

This comes as the MAS had previously eased its policy stance back in its January meeting, the first time since 2020.

Posted on 14/04/2025

Citi transformation is paying off amid tariff troubles, with room for optimism

Citi established an office in Singapore. Fast forward 123 years, Citi has thrived and grown along with Singapore and has a much larger presence here. Read more at The Business Times.

Posted on 14/04/2025

S’pore GDP likely to sink further in 2H2025, and OCBC expects off-budget fiscal package

A technical recession is possible as the brunt of the initial US tariff announcements has wrecked “significant havoc” on financial markets this month, says OCBC chief economist Selena Ling.

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