Japan's Akie Iwai finished second at the Honda LPGA Thailand but didn't earn any CME points nor did she make the HSBC field this week.
DBS to cut 4,000 contract and temporary staff over three years as AI adoption grows
DBS Group Holdings plans to reduce its contract and temporary workforce by around 4,000 over the next three years due to increased adoption of artificial intelligence (AI), CEO Piyush Gupta confirmed.
Daily Cuts – A 5 billion dollar shot in the arm of the Singapore equities market
Singapore Today's Daniel Martin and Susan Ng speak with Neil Parekh, a member of the Equities Market Review Group set up by MAS, and Shane Chesson, Founding Partner at Openspace Ventures, on a 5 ...
Singapore’s S$5 Billion Stock Plan to Drive Flows, Analysts Say
Singapore’s plan to lift local equities by investing S$5 billion ($3.7 billion) with fund managers is seen as a good start, while regulatory shifts will allow a wider range of companies to seek ...
Singapore Inflation Slows, Core Measure Hits Lowest Level Since Mid-2021 — Update
The Monetary Authority of Singapore in January loosened its policy settings for the first time since early 2020. A continued slowing in core inflation may back the case for the central bank to further ...
OCBC raises target price after SIA posts ‘excellent’ quarter, but still retains a neutral outlook
We remain confident that SIA’s brand proposition, service quality and product innovation will allow it to navigate the transition from recovery to growth going forward,” OCBC's Lim writes.
DBS CEO Piyush Gupta sees job cuts of 4,000 temp staff as AI replaces roles
DBS, based in Singapore, has around 41,000 staff. Ms Tan Su Shan, currently DBS deputy CEO, will succeed Mr Gupta on March 28.
Singapore’s Olam Sells Agribusiness Unit To Saudi Fund In Deal Valued At $4 Billion
Olam Group—backed Singaporean tycoon Sunny Verghese—is selling its remaining stake in its agribusiness unit to Saudi Agriculture and Livestock Investment Company in a deal valued at $4 billion.
Singapore announces tax rebates, $3.7 billion program to boost stock market
Singapore announced on Friday a set of measures to rejuvenate its equities market, including a 20% tax rebate for primary listings and a S$5 billion ($3.74 billion) program that focuses on investing ...
Singapore unveils S$5 billion boost for fund managers, other moves to revive equities market
SINGAPORE’S capital markets look set to receive a liquidity boost, following the announcement on Friday (Feb 21) of a S$5 billion investment initiative by a review group led by the Monetary Authority ...
DBS keeps ‘buy’ on Sembcorp, raises TP to $7.38 on CAGR improvement in coming years
The group’s management is committed to rewarding shareholders with dividends, paying out at least 20% of earnings as ordinary dividends plus special dividends.
DeepSeek a ‘gamechanger’ and a ‘threat’ to high-end chips; AI beneficiaries continue re-rating: DBS
Strong demand for advanced AI chips, particularly from hyperscalers, could change if customers start turning to cost-efficient solutions like DeepSeek with cheaper chips, says DBS.
Singapore Exchange (SPXCF) Receives a Buy from DBS
In a report released today, Lim Rui Wen from DBS maintained a Buy rating on Singapore Exchange (SPXCF – Research Report), with a price target ...
The MAS Unleashes a S$5 Billion Programme to Boost the Stock Market: 4 Singapore Stocks That Will Benefit
The Equities Market Review Group has come up with a battery of suggestions for improving liquidity and attracting more capital to invest in the local bourse. The post The MAS Unleashes a S$5 Billion ...
Singapore’s S$5 Billion Stock Plan Is Not Enough, Analysts Say
Singapore’s plan to boost local equities by investing S$5 billion ($3.7 billion) with fund managers is seen as a good start, though analysts say the move is unlikely to give the broader market a ...
Singapore Exchange Shares Rise After Central Bank Unveils Measures to Boost Equities Market
Singapore Exchange shares rose Monday morning after the country's central bank unveiled measures aimed at boosting the local equities market. Shares were recently 6.25% higher at 13.60 Singapore ...