The city state’s currency is up about 5 per cent versus the US dollar this year. But headwinds appear to be picking up.
DBS Introduces Mobile Wallet Toggle to Help Prevent Phishing-Linked Fraud
DBS will roll out a new “Mobile wallets” control in its app to help prevent scammers from adding stolen card details to mobile wallets.
ST Explains: 6 things to know about private market investment funds for Singapore retail investors
Here are some experts’ take on the value and risks as Singapore looks to widen access to such funds. Read more at straitstimes.com. Read more at straitstimes.com.
Beware doctored photo, WeChat group promoting bogus China investments: Low Yen Ling, Temasek
In it, Ms Low is seen at a ceremony to sign a MOU between two fictitious organisations. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore gold sales skyrocket on safe-haven demand
Gold dealers in Singapore have reported a surge in sales of gold bars and coins this year as global economic uncertainty spurred a rush for safe-haven assets.
Shopee parent Sea opens new financial services HQ in Singapore
SINGAPORE: Gaming and eCommerce firm Sea has opened its global headquarters for its digital financial services business in Singapore.
Singapore big three lenders hold ground in Q1
UOB, the city state’s third-largest lender, posted a net profit of S$1.5 billion ( US$1.16 billion ), supported by its performance across retail and wholesale banking. Net fee income hit a record ...
Commentary: As delistings continue to outpace IPOs, confidence in Singapore’s stock market is wearing thin
More companies are heading for the exit than entering the Singapore stock market, says financial journalist Ven Sreenivasan.
NTT to launch and list data center REIT in Singapore
In its latest earnings release for the financial year ending March 2025 published this week, NTT said it aims to transfer six NTT Limited-owned data centers to a proposed Singapore real estate ...
Lyon Investments ups offer price for Sinarmas Land and extends closing date
SINGAPORE] Lyon Investments has raised the offer price for Sinarmas Land shares to S$0.375 a share from S$0.31 a share, in an announcement on Saturday (May 10). Read more at The Business Times.
CATL to bar some US funds from world’s biggest listing of 2025
Contemporary Amperex Technology Co. Ltd., the world’s largest maker of batteries for electric vehicles, is planning to limit the types of US investors that can participate in its Hong Kong listing, an ...
Shopee parent Sea opens new financial services HQ in S’pore, rebrands SeaMoney as Monee
Monee is leasing 10 floors, spanning over 200,000 sq ft, at Rochester Commons. Read more at straitstimes.com. Read more at straitstimes.com.
Foreign investors ramp up Singapore logistics bets amid shifting global trade flows
SINGAPORE – Singapore’s links to Eastern and Western markets and moves by shippers to reconfigure supply chains amid trade and geopolitical risks are prompting foreign investors to pour funds into ...
More Hong Kong IPO hopefuls emerge as sentiment draws global investors
SAIC Mobility unveiled its plans on Friday; others like Mirxes, Insilico and CiDi revive their applications, according to exchange filings.
Issue 147: GIC, Temasek find adaptation opportunities; Singapore, Malaysia grow private green finance
Singapore’s sovereign wealth investors find adaptation potential; South-east Asia’s private green finance reaches US$8 billion in 2024 Read more at The Business Times.
Singapore’s banks boost buffers amid tariffs uncertainties, OCBC Q1 profit beats
By Yantoultra Ngui SINGAPORE (Reuters) -Singaporean banks beefed up their buffers against potential loan losses that could emerge due to uncertainties triggered by U.S. President Donald Trump's ...