The placid scenes in Singapore were in stark contrast to Wall Street, which was roiled by the bombshell launch of Chinese artificial intelligence (AI) company DeepSeek, whose sophisticated but bargain ...
Singapore Dollar, Other Asian Currencies Weaken on U.S. Tariff Threats
Singapore dollar and other Asian currencies weakened against the greenback in the Asian session on U.S. tariff threats.
Asia requires ‘wisdom, charm and a strong intuition’ to navigate Snake Year: HSBC
HSBC is “underweight” Singapore equities, given its strong performance in 2024. The banks are likely to see their earnings “muted” over the next one to two years with the Fed continuing to cut rates.
A Trio of ANZ Credit Traders Depart to Join Standard Chartered
Some senior ANZ Group Holdings Ltd. credit traders are departing the Australian lender to move to Standard Chartered Plc., according to people familiar with the matter.Most Read from BloombergWhat ...
Standard Chartered still undervalued despite rally, says CEO
Standard Chartered shares still have potential to soar even after an 85% increase in the stock over the past year, according to CEO Bill Winters.
Jefferies targets DBS shares to hit $49; UOB to hit $42; OCBC to reach $19 ahead of 4QFY2024 results
Analysts Sam Wong and Shujin Chen predict a $2 billion share buyback programme for UOB, a ‘modest increase’ in DBS’s annual dividend and limited near-term scope for OCBC.
Singapore’s data centre Reits fall on DeepSeek threat; analysts warn of fallout
Data centre-related real estate investment trusts (Reits) in Singapore already fell on Jan 27 on the back of the saga surrounding DeepSeek. Keppel DC Reit dropped about 8 per cent to $2.09 by Jan 27’s ...
Singapore Shares Likely To Open In The Red On Tuesday
The Singapore stock market has moved lower in consecutive trading days, easing almost 10 points or 0.3 percent in that span. The ...
DeepSeek sparks AI stock selloff; Nvidia posts record market-cap loss
By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Global investors dumped tech stocks on Monday as they worried that the emergence of a low-cost Chinese artificial ...
Citi maintains neutral stance on Keppel REIT stock with SGD0.90 target
Despite these positive aspects, the report expressed caution regarding Keppel REIT (OTC:KREVF)'s future share price performance. High leverage, with a debt-to-equity ratio of 0.51, was cited as a ...
Investment sales volume grows by 13.3% YoY in Q4 2024
During Q4 2024, investment volume was around $7b, according to Colliers. Singapore’s investments for the fourth quarter of 2024 (Q4 2024) grew by 13.3% year-on-year (YoY) to $26.6b despite declining ...
Etiqa launches Singapore’s first takaful insurance product in years
Demand for Islamic financial products from the Middle East and Southeast Asia is growing. Etiqa Insurance Pte Ltd. has launched Singapore’s first takaful insurance product in more than a decade, as it ...
How Singapore Became the World’s Most Crypto-Friendly Country
Singapore is a leading country in crypto and blockchain technology. Its supportive regulatory environment has made the country a crypto hub.
Fintech company Pine Labs to file for IPO by mid-February
Leading fintech firm Pine Labs is gearing up to file its initial public offering (IPO) documents by mid-February. The company had recently completed the process of shifting its base from Singapore to ...
Pine Labs to file draft documents for IPO by mid-February
With the process of reverse flipping completed, Pine Labs plans to go public by August. The IPO may be a mix a fresh issue and offer for sale ...
Bank of Singapore adds six to Dubai advisory, product team
Zeena Abou Elnaja joins the bank’s investment advisory team from Julius Baer. A CFA by qualification, Elnaja has also worked with Standard Chartered Bank in the Middle East and will further strengthen ...