Shareholders at UOB's AGM also queried the bank about performance and plans to expand its Asean footprint. Read more at straitstimes.com. Read more at straitstimes.com.
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
The lender also flagged minimal private credit exposure, and said that its balance sheet can absorb Middle East shocks Read more at The Business Times.
CRE, Middle East, gold and directors’ fees among questions at UOB’s AGM
Questions posed at United Overseas Bank’s (UOB) 84th annual general meeting (AGM) ranged from its loan book and commercial real estate (CRE) to gold, private credit and directors’ fees. In November ...
Singapore non-oil exports climb 15.3% in March on AI electronics demand
Investing.com -- Singapore’s non-oil domestic exports increased 15.3% in March, driven by strong artificial intelligence-related demand for electronics, Enterprise Singapore said on Friday.
OCBC the preferred bidder for HSBC’s retail assets in Indonesia — Bloomberg
Fast-growing markets such as Indonesia are attracting banks looking to expand, especially with the likes of HSBC and Citigroup Inc selling some non-core assets.
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
[HONG KONG/SINGAPORE] OCBC has emerged as the preferred bidder to buy HSBC Holdings’ retail assets in Indonesia, sources familiar with the matter said, as the Singaporean lender seeks to boost its ...
OCBC is lead bidder for HSBC’s Indonesia assets: Sources
A deal value HSBC’s consumer business in the country at more than 6 trillion rupiah (S$444 million), sources say. Read more at straitstimes.com. Read more at straitstimes.com.
CEO of Southeast Asia’s largest bank warns investors: ‘Buckle up, we’re in for a volatile ride’
DBS CEO Tan Su Shan cautioned investors about persistent market swings amid stretched U.S. valuations and concentrated AI stock exposure.
Digital Realty eyes S$7-B investment to bolster Singapore as APAC AI hub
Digital Realty is targeting nearly S$7 billion of total investment in Singapore, reinforcing the market’s critical role as an AI infrastructure hub for the Asia-Pacific region. Of that amount, more ...
OCBC says exposure to Middle East ‘not very large’ at 2% – 3%: AGM
Addressing questions about OCBC’s share price performance relative to DBS, chairman Andrew Lee says the stock's movement is linked to the bank’s performance and external circumstances.
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
The lender instead allocated half that amount to a two-year capital return plan Read more at The Business Times.
Savills raises Singapore investment sales forecast to $35b
Singapore’s real estate investment sales are expected to rise in 2026, with Savills lifting its full-year forecast to $35b to $40b from $34b on the back of low ...
DBS thinks ‘lodging powerhouse’ Far East Orchard could divest $1.1 bil in non-core assets
In November 2025, Far East Orchard unveiled a slate of targets under its FEOR2030 five-year plan. It aims to reach $3 billion AUM in core assets by 2050, up from $2 billion in 2025.
DBS Group Research sees 9 Penang Road ‘an obvious pipeline’ for Suntec REIT, but unlikely in the near-term
From the perspective of DBS, while they view this property as a potential pipeline for Suntec REIT, they do not expect any acquisition to materialise in the near term.
Singapore stocks hold firm as safe-haven appeal grows amid global volatility
Discover why Singapore stocks are outperforming regional peers and offering safe-haven appeal amidst global volatility and tighter monetary policy. Read more at straitstimes.com. Read more at ...
OCBC turns to Gen AI to nurture next-gen wealth advisers
OCBC is rolling out a generative AI (Gen AI)-powered skills training programme for its 900-strong wealth advisory force in Singapore.