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Tag: finance

Posted on 05/05/2023

Disruption to DBS digital banking services due to ‘high login traffic volume’

SINGAPORE: DBS Bank users experienced intermittent issues logging into the bank's mobile banking services on Friday (May 5) due to "high login traffic volume", the bank said. It was responding to ...

Posted on 05/05/2023

Alibaba’s global e-commerce arm that includes Lazada weighs US IPO, sources say

The Alibaba unit would join a number of high-profile Chinese firms including fast-fashion leader Shein seeking to tap US capital. Read more at straitstimes.com.

Posted on 05/05/2023

Shares Rise, Dollar Weakens on Bank Sector Fears

"With the dust barely settling post Wednesday's Fed meeting, banking sector developments have added to conviction not just that the Fed is done tightening, but that the Fed will b ...

Posted on 05/05/2023

Lawmakers urge SEC to look into Shein use of Uyghur forced labor before IPO offering

A bipartisan group of congressmen is asking the Securities and Exchange Commission to force the popular clothing store Shein to prove that it does not use forced Uyghur labor in the making of its ...

Posted on 04/05/2023

What caught your eye this week? (Arm IPO, Smallest LED, Telexistence technologies)

Nasa highlights that the Czech Republic has become the 24th country to sign the Artemis Accords. The Register reports that the U.S. President Joe Biden is proposing tax “designed to counter the ...

Posted on 04/05/2023

Alibaba’s Global Online Commerce Arm Weighs a US IPO

Deliberations around an IPO are very preliminary and the situation may change ... It competes with Amazon and Sea Ltd.’s Shopee in Southeast Asian markets such as Thailand, Malaysia and Singapore. In ...

Posted on 04/05/2023

UOB to invest over $500 mil to build new global technology and innovation centre in Punggol

UOB, on April 18, announced that it will invest over $500 million to build its new global technology and innovation centre in JTC’s Punggol Digital District, becoming the first local bank to do so.

Posted on 04/05/2023

UOB deepens its regional roots

Wee Ee Cheong, talks about challenges in expanding its regional network and retail bank, investing in tech and talent, succession ...

Posted on 04/05/2023

Despite record earnings, generous dividends, analysts lukewarm towards DBS as outlook turns cautious

Despite reporting record net profit of $2.57 billion in 1QFY2023 ended March after setting aside $99 million in general provisions and adding $200 million to its management overlays, analysts are not ...

Posted on 04/05/2023

In Australia and Singapore, female crypto investors are doing it better than males

According to Independent Reserve survey studies conducted in Australia and Singapore, female crypto investors are on top for profitability. ... Read More The post In Australia and Singapore, female ...

Posted on 04/05/2023

It’s time HSBC’s top owner calms down or sells up

Ping An Insurance , will soon be left with just two good options at HSBC , : sell up or calm down. The Chinese company's push to split up the $150 billion lender is going nowhere. Sticking around as a ...

Posted on 04/05/2023

Citi bets on its ‘crown jewel’

Citi’s treasury and trade solutions business has bucked a pandemic-era decline to post 32% higher revenue. But what does it do?

Posted on 04/05/2023

Standard Chartered Partners with Dubai Fintech Summit to Drive the Future of Digital Financial Innovation

International banking group Standard Chartered has taken on host sponsorship of the Dubai FinTech Summit to be held in Dubai next week 8-9 May 2023. Organised ...

Posted on 04/05/2023

Dining and buffet credit card promotions and 1-for-1 deals this May

For the month of May, no matter whether you’re looking for a place to celebrate Mother’s day or simply want to have a good meal at a steal, we have scoured Singapore just to find the best dining ...

Posted on 04/05/2023

Bringing art closer to the community through Art x Fashion at the 42nd UOB Painting of the Year competition launch

UOB's flagship art competition expands to the fifth country, Vietnam, this year. SINGAPORE, May 3, 2023 /PRNewswire/ -- Art meets Fashion with a collection of 36 limited edition art ...

Posted on 03/05/2023

Dyson to build giant plant for new battery tech in Singapore

The company is deepening its presence in Singapore after it switched its headquarters from the UK to the Southeast Asian country.

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