Sembcorp Industries has been named by HSBC Global Research as one of the "preferred" Asian energy and utilities stocks that are possible "shelter" plays amid the worsening global trade war.
DBS downgrades UOB to ‘hold’, slashes target price by 15% amid trade war concerns
DBS Group Research has downgraded United Overseas Bank (UOB) to “hold” and maintained the same rating on Oversea-Chinese Banking Corporation (OCBC) amid trade war concerns. DBS analyst Lim Rui Wen ...
Trump’s tariffs: what are Singapore’s possible options in responding?
Singapore applies zero tariffs on US products, as long as they qualify as originating goods under the FTA’s rules of origin. The exception is for Singapore’s goods and services tax, which applies to ...
Japan, Singapore central banks adjust strategy in response to Trump tariffs
Due to the recent tariffs imposed by the U.S. government, central banks in Singapore and Japan are adjusting their strategies and policies to prepare for the economic impact. Ministers of the European ...
UOB One Account Nerfed, Down to 3.3% From 4%—Which Savings Accounts Will Earn You More?
The UOB One account is getting nerfed—again. The UOB One account will now earn you a maximum effective interest rate (EIR) of 3.30% p.a., down from 4% p.a., which was in turn down from 5% p.a. Here's ...
Singapore’s DBS, BoC customer data at risk after ransomware attack on vendor
Some customer information from Singapore's DBS Group and Bank of China's branch in the country has potentially been compromised after a ransomware attack on their data vendor Toppan Next Tech (TNT).
DBS, Bank of China Singapore customers’ data extracted after printing vendor hit by ransomware attack
"The attack has led to customer information from DBS Bank and Bank of China Limited, Singapore branch, being extracted by the threat actor. No customer log-in information has been compromised," said ...
DBS vendor ransomware attack potentially exposes 8,200 customer statements
Singapore's DBS Group said on Monday its data vendor, Toppan Next Tech (TNT), had suffered a ransomware attack, potentially compromising customer statements of around 8,200 DBS customers.
DBS customer data may be compromised as vendor suffers ransomware attack
Singapore's DBS Group said on Monday its data vendor Toppan Next Tech (TNT) had suffered a ransomware attack that potentially compromised customer statements of around 8,200 clients of the bank. TNT ...
More than 11,000 DBS, Bank of China customers’ information compromised after data attack on vendor
DBS said about 8,200 customers are potentially affected, while around 3,000 BOC customers are impacted. Read more at straitstimes.com. Read more at straitstimes.com.
More than 11,000 DBS and BOC customers’ data potentially extracted after cyber attack on printing ventor
Due to a ransomeware attack on Toppan Next Tech (TNT), contracted by DBS to print customer statements, some 8,200 customers' data have been "potentially compromised", says DBS. In a separate statement ...
Thakral clarifies IPO rumours on associate GemLife; says ‘no certainty’ that any transaction will proceed
SINGAPORE] Thakral Corp clarified rumours that its associate GemLife, a resort-living developer in Australia, is gearing up for an initial public offering (IPO), and said there is “no certainty” that ...
UOB One Account Nerfed, Effective Rate Down to 3.3% From 4%—Which Savings Accounts Will Earn You More?
The UOB One account is getting nerfed—again. The UOB One account will now earn you a maximum effective interest rate (EIR) of 3.30% p.a., down from 4% p.a., which was in turn down from 5% p.a. Here's ...
UOB and OCBC to cut interest rates on flagship savings accounts from May 1
DBS and Maybank are not cutting interest rates for now. Read more at straitstimes.com. Read more at straitstimes.com.
JPMorgan fund firm launches 3 active ETFs in Singapore; listing here ‘not off the table’
SINGAPORE] JPMorgan Asset Management (JPMAM) registered three active exchange-traded funds (ETFs) in Singapore on Monday (Apr 7), getting the green light to market them to retail investors. The fund ...
UOB Kay Hian downgrades DBS to ‘sell’, OCBC to ‘hold’ on expected trade slowdown
UOB Kay Hian Research analyst Jonathan Koh thinks the banks’ ability to pay “generous” dividends is “under threat”.