UOB has been exploring options for its asset management arm as it seeks to streamline its portfolio, sources said. Read more at straitstimes.com. Read more at straitstimes.com.
Amundi, KKR, Temasek unit among bidders for UOB Asset Management
KKR & Co. in the US with Temasek Holdings Pte’s Seviora unit bidding for UOB Asset Management. Negotiations focus on Southeast Asia distribution network inclusion.
New gold ETF by Lion Global Investors to make stock market debut on Mar 26
Gold has been on a bull run over the past few years, fueled by global trade disputes, geopolitical tensions and financial market volatility, prompting investors to flock to it.
Singapore investors build showcase of banking expertise in Gulf
Singapore Gulf Bank is set up by private investment group Whampoa and Bahrain’s sovereign wealth fund Read more at The Business Times.
Second batch of peregrine falcon chicks hatch in Singapore, watch livestream of them taking baby steps
A brood of four peregrine falcon chicks hatched in Singapore on Feb 20 and 22, marking the second recorded hatching of the species here.Their birth was announced by the National Parks Board (NParks) ...
Peregrine falcon nanny cam: Watch chicks of Singapore’s only known breeding pair grow up
A 24-hour livestream allows the public to watch Singapore's only known breeding pair of peregrine falcons and their new chicks. Read more at straitstimes.com. Read more at straitstimes.com.
Terry Xu & The Online Citizen publisher ordered to pay S$125,000 to UOB for defamation damages
A court in Singapore has ordered Terry Xu Yuan Chen and Miao Yi Infotech, a company in Taiwan that publishes The Online Citizen (TOC), to pay S$125,000 in damages to United Overseas Bank (UOB) for ...
UI Boustead REIT, this year’s largest IPO thus far, opens for application with forecast yield of 7.4%
The REIT aims to deliver a total return of 12.2% from organic growth, which comprises a distribution yield of 7.4% for the forecast period 2026 and DPU growth of 4.8% between 2026 and 2027. The ...
New gold ETF by LionGlobal Singapore to make stock market debut on Mar 26
Gold has been on a bull run over the past few years, fueled by global trade disputes, geopolitical tensions and financial market volatility, prompting investors to flock to it.
Maybank Singapore Joins DBS, UOB With One-Time Bonus for Junior Staff
Maybank Singapore will give one-time bonuses to over 800 junior staff, joining DBS and UOB in offering cost-of-living support.
One Singapore bank launched in the Gulf amid booming wealth flows from Asia – then came the Iran crisis
The Singapore Gulf Bank (SGB) was set up in 2024 in Manama city by the Whampoa Group, a multi-family office group linked to OCBC’s founding Lee family. It is also supported by Mumtalakat, Bahrain’s ...
Mastercard, DBS and UOB successfully trial autonomous payment by AI agent in Singapore
The trial by Mastercard and Singapore banks shows how AI systems could carry out everyday purchases on behalf of consumers once identity and consent are verified.
Singapore bank DBS secures China bond underwriting license
SINGAPORE ― DBS Group, Singapore’s biggest bank by assets, said on Wednesday its China unit has been granted a principal underwriting license for nonfinancial corporate bonds in China’s interbank bond ...
OCBC chief Tan Teck Long’s new strategy is a masterstroke, but execution risks abound
While his ‘Next Frontier’ plan looks good on paper, it must survive contact with operational reality Read more at The Business Times.
TOC editor, publisher ordered to pay $125k for defaming UOB over ‘baseless’ claims by former client
The legal action against Mr Koh has been stayed as he been adjudged to be a bankrupt by another bank. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore to invest $630M in emission reduction
Singapore has pledged to invest SG$800 million (US$630 million) over the next five years to support efforts to reduce carbon dioxide emissions, reinforcing its long-term climate ambitions.