Singapore's safe haven status caps downside risk while ongoing market reforms present upside potential, and we see its outperformance over global equities enduring' ...
Asia Must Not Succumb to Tariff Retaliation, Singapore Cbank Official Says
Despite having a free-trade agreement and running a trade deficit with the United States, Singapore has been slapped with a 10% baseline tariff rate by Washington. Other Southeast Asian countries have ...
CNA938 Rewind – Stock take today: Rising bond yields, Stagflation risks, Asia week ahead
On the daily markets analysis on Open For Business, Andrea Heng and Hairianto Diman speak with David Chao, Global Market Strategist at Invesco Asia Pacific.
Stock Market LIVE: GIFT Nifty signals positive open for Sensex, Nifty; Asia climbs; US ends mixed
On Thursday, US markets closed mixed as concerns over rising interest rates and an expanding federal deficit weighed on sentiment. The 30-year Treasury yield climbed to its highest level since 2023 ...
Genting Singapore sees a soft start to the year
Genting Singapore (GENS) recently reported its 1QFY2025 ended March 31 results, which saw earnings decline by 41% y-o-y to $145 million. On a q-o-q basis, earnings grew 2%.
Singapore Has 94% Crypto Awareness But Only 29% Ownership, Survey Finds
Singapore’s crypto awareness rate hits 94%, yet only 29% of people own crypto, revealing a cautious shift in investment sentiment amid market uncertainty.
Singapore wine investment scam: Man jailed for siphoning $12.7 million
Eldric Ko, 51, founder of Premium Liquid Assets (PLASG), misappropriated approximately $12.67 million through a fake wine investment scheme launched with alleged accomplice Koo Han Jet, who remains at ...
DBS CEO Tan Su Shan named 6th most powerful woman in business on Fortune’s list
She was ranked 89th on the magazine’s list in 2024. Read more at straitstimes.com. Read more at straitstimes.com.
“That Isn’t Me”: DBS Bank’s Ex-CEO Piyush Gupta Debunks Viral ‘Meeting’ LinkedIn Post
A LinkedIn post about a chance meeting with DBS Bank's former CEO Piyush Gupta went viral, but turned out to be a case of mistaken identity.
Banking across Asean and Greater China as ‘one group’
SINGAPORE] Being a basketball player in her youth imbued Helen Wong with a strong belief in the power of teamwork, something she has carried over to her role as chief executive of OCBC. Read more at ...
Blended finance deals in East Asia and the Pacific hit US$4 billion in 2024
SINGAPORE] Blended finance deals in East Asia and the Pacific surged to US$4 billion in 2024 from US$1.1 billion the year before, an increase of almost four times, according to a Wednesday (May 21) ...
Singapore-Based Fintech Unicorn Airwallex Raises $300 Million
Backed by the likes of Tencent, HongShan and DST Global, Airwallex has reached a valuation of $6.2 billion following its latest Series F funding round.
Singapore shares slide in tandem with regional bourses and Wall Street; STI drops 0.1%
SINGAPORE] Asian bourses including Singapore’s were largely in the red on Thursday (May 22), after overnight Wall Street’s sell-off as the United States fiscal uncertainty soured market sentiment.
Latest Singapore six-month T-bill cut-off yield slides to 2.2%
SINGAPORE] The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to 2.2 per cent, according to auction results released by the Monetary Authority of Singapore on Thursday (May ...
CNA938 Rewind – Singapore’s economy grows slightly faster, amid global uncertainties
Singapore's economy grew slightly faster than expected in the first quarter by 3.9 percent on-year. Still, this is a slowdown from the 5 percent growth seen in Q4 2024, with the Trade and Industry ...
Economists split over risk of technical recession, after revised Singapore Q1 growth beats market expectations
Private-sector economists remain split over the risk of Singapore entering a technical recession, with some raising their full-year forecasts after Q1 growth came in better than expected. Read more at ...