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Tag: finance

Posted on 08/11/2024

DBS stock jumps on $3b share buyback plan, record $3.03b quarterly profit

The bank sees upside to its 2025 profit as Donald Trump takes office as US president. Read more at straitstimes.com.

Posted on 08/11/2024

Singapore’s UOB sees better loan growth in 2025 as Q3 profit hits record

Singapore's United Overseas Bank, or UOB, posted a faster-than-expected rise in third quarter net profit to a record, helped by brisk trading and investment, and flagged a pick up in loans growth next ...

Posted on 08/11/2024

‘I would do it differently, if I were to do it again’: Outgoing DBS CEO on bank’s tech capabilities

OUTGOING DBS chief executive Piyush Gupta would have done things differently if he were given another chance to build the bank’s technology capabilities. Read more at The Business Times.

Posted on 08/11/2024

5 Key Factors To Consider When Investing Our SRS Savings

When investing our SRS savings, it's important to not only consider our risk appetite but also our investment horizon ...

Posted on 08/11/2024

Niva Bupa Healthcare IPO subscribed 65% on Day 1. Check GMP, other details

The offering, consisting of a fresh equity issuance of Rs 800 crore and an offer for sale (OFS) of 1.89 crore shares, will be open for bidding until November 11. Through the OFS, Bupa Singapore ...

Posted on 08/11/2024

Niva Bupa IPO subscribed 65 pc on day 1 of share sale

The initial public offer of Niva Bupa Health Insurance Company Ltd, formerly Max Bupa Health Insurance Company, received a 65 per cent subscription on the first day of share sale on Thursday ...

Posted on 08/11/2024

Singapore bank DBS Q3 profit jumps to SG$3.03B

Singapore's biggest bank DBS Group posted on Thursday a record net profit in the third quarter (Q3) but forecast 2025 net profit to be below 2024 levels because the city-state is introducing a global ...

Posted on 07/11/2024

Singapore’s Changi Airport to invest $2.3 bn to improve services

Changi Airport in Singapore has announced a S$3 billion investment plan to enhance its services over the next six years. The upgrades will focus on areas like baggage handling and check-in procedures ...

Posted on 07/11/2024

OCBC to make cross-border payments available to over 50 digital wallets by 2026

OCBC is collaborating with Visa to make cross-border fund transfers accessible to more than 50 digital wallets by 2026, starting with Chinese digital wallets Weixin Pay (WeChat Pay) and Alipay. Read ...

Posted on 07/11/2024

OCBC service allows fund transfers to e-wallets in China

Singapore-based lender OCBC has launched a pay-to-wallet service via its mobile banking app that enables customers to transfer funds to digital wallets in China without incurring transfer fees.

Posted on 07/11/2024

Niva Bupa Health Insurance IPO Subscribed 14% So Far On Day 1—Check GMP

The IPO consists of a fresh issue of shares worth Rs 800 crore, and an offer for sale of up to Rs 1,400 crore.

Posted on 07/11/2024

DBS shares jump on $3b share buyback, record $3.03b quarterly profit

Bank sees upside to its 2025 profit with Donald Trump takes office as US president next year. Read more at straitstimes.com.

Posted on 07/11/2024

Singapore bank DBS sees upside to 2025 profit with Trump return

Singapore's top bank DBS sees an upside to its 2025 profit when Donald Trump takes office as U.S. president next year, as his policies could spell fewer interest rate cuts by the Federal Reserve that ...

Posted on 07/11/2024

OCBC Now Offers Instant Transfers to WeChat Pay and Alipay in China

OCBC Bank has launched a new service allowing customers to send money instantly to users of WeChat Pay and Alipay in China.

Posted on 07/11/2024

OCBC and Ant International to Pilot Real-Time Blockchain Solution for Fund Settlements

OCBC and Ant partnered to streamline cross-border fund settlements using tokenised deposits and leverage advanced encryption and AI.

Posted on 07/11/2024

Singapore stocks outperform regional peers post US election: Analysts give their take

However, the STI is outperforming its regional peers because the Singapore dollar and local stocks might be seen as a “relative safe haven”, he added. A Republican sweep is expected to lead to ...

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