DBS Group Holdings Ltd., Southeast Asia’s largest lender, is considering raising its stake in China’s Shenzhen Rural Commercial Bank over the next few years, its chief executive said Thursday.
Share Market LIVE Updates: Sensex and Nifty 50 poised for a positive start, Asian stocks in the green
Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to make a flat to positive start on Thursday tracing cues from global markets. Singapore Exchange Nifty futures, an early indicator of ...
Commentary: Should Singapore households be given more support to defray high energy costs?
Select businesses in Singapore can enjoy one more year of government grants to invest in energy efficiency. David Broadstock of Energy Studies Institute explores if households should be empowered to ...
Trust in Singapore Banks Continues to Be on the Rise, Says ABS Survey
A survey conducted recently has found that trust in the Singapore banking industry has increased for a second straight year since 2020.
Singapore stocks track regional losses on uninspiring US inflation; STI drops 1.1%
Wednesday’s losses were led by Singapore’s three banks, DBS, UOB and OCBC. Property developers such as City Developments, UOL and CapitaLand Investment also fell after higher marginal buyer’s stamp ...
Singapore To Tax And Spend Through Global Headwinds
Finance Minister Lawrence Wong expects“positive but slower” growth in Singapore this year due to high inflation and a slowing global eco ...
Budget 2023 aims to assist S’pore families with cost of living and the workforce with upskilling: ST-UOB panel
SINGAPORE - Budget 2023 aims to help Singaporean families cope with the rising cost of living post-Covid-19, as well as assist workers to upskill themselves, said panellists at a roundtable discussion ...
Four key points from the ST-UOB Roundtable on Budget 2023
The key points raised during the ST-UOB roundtable – moderated by ST associate editor Vikram Khanna – include the impact of inflation on business and the tough choices that lie ahead for Singapore.
The Battle For High Interest: Why I Chose To Switch To The UOB One Account
With the UOB One Account, we can earn more than $430 a month in interest on the first $100,000 of savings. This article was written in collaboration with UOB. All views expressed in this article are ...
Stock Market LIVE Today: Sensex, Nifty50 likely to open weaker as indicated by SGX Nifty futures; ONGC, ITC in focus
Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty50 index — are down 67 points or 0.4 per cent at 17,860.5 at this hour, suggesting a weak start ahead on Dalal Street. Earlier ...
Steady Start Eyed For Singapore Stock Market
(RTTNews) - The Singapore stock market has moved lower in back-to-back sessions, sinking more than 40 points or 1.2 percent along the way. The Straits Times Index now rests just beneath the ...
Setting this year’s budget was a ‘very delicate balancing act,’ says Singapore minister
Singapore's Deputy Prime Minister and Minister for Finance Lawrence Wong discusses the 2023 budget that was delivered in parliament on Tuesday. He says it was a challenge to find a "sweet spot" as ...
One of the world’s largest sovereign wealth funds has hit the brakes on investing in China amid fears about Beijing’s leadership, report says
Singapore's sovereign wealth fund, GIC, has significantly reduced its private investing in China, sources told the Financial Times. Reasons include Xi Jinping's "common prosperity" campaign and fears ...
Jupiter Asset Management chooses head of Asia
Singapore-based Madeline Han took up the role of head of Asia, as Jupiter AM also promoted two regional heads of sales.
HSBC adds former JPMorgan banker Kalpana Morparia to board
Her deep banking expertise and experience of the Asia region, particularly in India and Southeast Asia, will be an asset to the Board," HSBC chair Mark Tucker said. Jackson Tai, another former ...
Singapore’s GIC says still exploring China investment opportunities
Singapore sovereign wealth fund GIC said it continues to scout for long-term investment opportunities in China, looking at a wide range of industries, adding that it maintains significant exposure to ...