SINGAPORE, May 8 (Reuters) - Singapore's United Overseas Bank (UOB) reported on Wednesday a 2% decline in net profit in the first quarter from a year earlier on the back of a drop in net interest ...
Singapore government briefings for international banks not ‘unusual’ as asserted in FT article: Indranee
In an Apr 20 article, the Financial Times reported that Singapore had given international banks an "unusual series of top-level briefings on geopolitics".
Standard Chartered readies debut euro covered bond
Standard Chartered Bank is set to issue its first euro covered bond — a three to five year benchmark issued through its Singaporean branch. “Everyone knows the name,” said a syndicate banker close to ...
DBS CEO Piyush Gupta sells $2.7 million worth of bank shares
SINGAPORE - DBS chief executive officer Piyush Gupta has gained $2.7 million after selling 75,000 of his shares in the bank, according to a filing on the Singapore Exchange on May 7. The transaction ...
In Data: Global cloud industry set to exceed $1.4trn by 2027 as AWS doubles Singapore cloud investment
The global cloud industry is set to exceed $1.4trn by 2027 according to research and analysis company GlobalData as news comes today (7 May) that Amazon Web Services (AWS) will double its investment ...
WP’s Louis Chua explains why $1 is worth less in Singapore than elsewhere
SINGAPORE: Workers’ Party MP Louis Chua posted an interesting question on Facebook on Tuesday morning... The post WP’s Louis Chua explains why $1 is worth less in Singapore than elsewhere appeared fir ...
Singapore stocks end lower even as regional markets rally; STI slips 0.1%
SINGAPORE shares closed lower on Tuesday (May 7), bucking a regional rally and overnight gains in the US. Read more at The Business Times.
Singapore takes the crown for offering highest average annual salary in Asia
SINGAPORE: When it comes to the highest yearly salaries in Asia, Singapore is ranked number... The post Singapore takes the crown for offering highest average annual salary in Asia appeared first on T ...
Singapore: Two men convicted in S$3bil money laundering case deported to Cambodia
SINGAPORE (The Straits Times/ANN): Two men convicted in Singapore’s largest money laundering case were deported to Cambodia on Monday evening. Su Wenqiang and Wang Baosen, both 32, will be barred from ...
The Ultimate List of Credit Card Reviews in Singapore (2024)
In today's dynamic world of personal finance, selecting the perfect credit card has become an essential skill. With a myriad of options available, each promising unique benefits and rewards, ...
OCBC Cycle: Road closures on May 11 & 12 for Singapore’s largest mass cycling event
SINGAPORE: The OCBC Cycle will begin this Saturday (May 11), and more than 7,000 cyclists are expected to participate. Being Singapore’s largest mass cycling event, it also aims to provide “a safe ...
Singapore stocks end lower, bucking regional upbeat trend
SINGAPORE - Shares in Singapore closed lower on May 7 ... The local banks ended the day mixed, with UOB and OCBC Bank slipping $0.01 each, but DBS Bank shares finished higher, rising $0.12 to $35.93.
UOB to maintain good asset quality amidst profitability dip
The bank is also expected to have a steady core capital ratio. UOB will remain stable despite a slight decrease in profitability, Moody’s reported. In the latest rating report, Moody’s projects UOB to ...
MAS to ensure DBS identifies root cause of recent disruptions and addresses it effectively
The recent outages occurred even as a remediation plan to identify and rectify the cause of disruptions in 2023 is ongoing. Read more at straitstimes.com.
DBS remains as Singapore’s most valuable brand, while MBS becomes strongest brand in 2024
DBS's brand value rose by 5% y-o-y to US$11 billion ($14.88 billion), making it Singapore's most valuable brand.
MAS ‘following up’ with DBS on cause of May 2 glitch in digital banking services
THE Monetary Authority of Singapore (MAS) said on Tuesday (May 7) that it was “following up” with DBS over the root cause of a disruption to the bank’s digital services on May 2. Read more at The ...