KUALA LUMPUR, March 30 ― If you’re someone who frequently travels to Singapore, you’re probably already familiar with having to bring with you either their local currency or arrange with your bank to allow foreign transactions on your credit or debit ...
Dollar advances as banking crisis fears ease
SINGAPORE, March 30 (Reuters) - The U.S. dollar was on the front foot on Thursday as receding concerns over the banking sector helped improve risk sentiment, with investors switching their attention to the Federal Reserve's battle against inflation.
DBS service disruption on Wednesday ‘unacceptable’: Singapore’s MAS
SINGAPORE – The disruption of the digital services of ... when the bank issued a statement on its Facebook page announcing that its digital services – DBS/POSB digibank Mobile and Online, DBS PayLah ...
Singapore’s banking authority says DBS outage is ‘unacceptable’
The Monetary Authority of Singapore said the outage was "unacceptable" and the lender had "fallen short of expectations."SINGAPORE — Shares of Southeast Asia's largest bank DBS Group were down 1.4% on ...
Hong Kong and Singapore regulators seek to reassure AT1 bondholders
AT1 bonds in Singapore are offered via the wholesale market to institutional ... Hong Kong’s requirements also align with the same international standards. A spokesperson for Standard Chartered ...
Singapore Regulator Says Latest DBS Digital Outage Unacceptable
Singapore’s financial regulator will take action against DBS Group Holdings Ltd after a second digital banking outage in less than two years, calling the disruption “unacceptable.” The Monetary ...
SAG Holdings, Singapore auto parts distributor, sets terms for $15M US IPO
Spartan Capital is serving as lead bookrunner. SAG first filed for the IPO in October 2022. Incorporated in the Cayman Islands, SAG operates through subsidiaries in Singapore and Malaysia. The company ...
GLOBAL MARKETS-Asian stocks rally as bank jitters calm, Alibaba lifts mood
SINGAPORE, March 29 (Reuters) - Asian shares surged on Wednesday as easing concerns over the banking sector revived risk appetite, while Alibaba’s plans to split into six units lifted Chinese tech stocks. MSCI’s broadest index of Asia-Pacific shares ...
Bank of Singapore appoints Ranjit Khanna as global market head of Middle East
INDUSTRY veteran Ranjit Khanna will join Bank of Singapore as its global market head of Middle East and chief executive of its Dubai International Financial Centre (DIFC) branch, the bank announced on Wednesday (Mar 29). Khanna was most recently the chief ...
DBS, POSB digibank app and PayLah back to normal: DBS
SINGAPORE – Singapore's biggest bank, DBS, has said that its digital services – DBS/POSB digibank Mobile and Online, DBS PayLah and DBS mTrading – have returned to normal as of 5.45pm on Wednesday (29 ...
DBS’ second outage in 16 months ‘unacceptable’, bank has ‘fallen short’ of expectations: MAS
SINGAPORE — The disruption of DBS bank’s digital services on Wednesday (March 29) is “unacceptable", coming a year after a similar incident in November 2021, the Monetary Authority of Singapore (MAS) ...
DBS service outage ‘unacceptable’, says MAS
SINGAPORE: The disruption of DBS' digital services on Wednesday (Mar 29) was "unacceptable" and the bank has "fallen short" of expectations, said the Monetary Authority of Singapore (MAS). The ...
Singapore, Britain launch negotiations on new investment treaty
The UK-Singapore Bilateral Investment Treaty (UKSBIT) as it is called will supersede the existing pact that came into force in 1975. The new treaty will include robust and up-to-date rules on the ...
DBS digital banking services, including PayLah!, restored after day-long outage
SINGAPORE — Digital services of Singapore's largest bank came back online on Wednesday evening (March 29) after an outage lasting most of the day. DBS customers had been unable to log in to online ...
DBS Digital Banking Services Restored After 10-Hour Outage
and DBS mTrading services have returned to normal” as of 5:45 p.m. on Wednesday in Singapore, the lender said in a statement. The bank is closely monitoring the situation, it said, without giving more ...
Singapore shares track higher on Wednesday, STI up 0.2%
In Singapore, the Straits Times Index booked ... after about 31.4 million shares changed hands. SGX market strategist Geoff Howie noted that Sats was the second most traded stock by turnover, trading ...