The shares gained as much as 2.9 percent. DBS, the first of Singapore’s three major banks to report earnings, benefited from higher rates and the recovery in global financial markets in the first ... ( read original story ...)
Additional Support Called For Singapore Stock Market
(RTTNews) - The Singapore stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day winning streak in which it had advanced ... ( read original story ...)
SGX and UOB ink MoU with CCOIC at second Belt & Road Forum in Beijing
SINGAPORE (April 29): United Overseas Bank Limited (UOB), Singapore Exchange Limited (SGX) and the China Chamber of International Commerce (CCOIC) have signed a Memorandum of Understanding (MoU) to ... ( read original story ...)
DBS first-quarter profit rises 8.5 percent on higher net interest income
SINGAPORE (Reuters) - DBS Group Holdings Ltd, Southeast Asia’s biggest lender, reported an 8.5 percent rise in quarterly profit on Monday to beat market estimates, powered by a rise in net ... ( read original story ...)
DBS : first-quarter net profit up 9% to record SGD 1.65 billion, return on equity at 14%
DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and ... ( read original story ...)
DBS : posts record quarterly profit, powered by lending income
SINGAPORE (Reuters) - DBS Group Holdings Ltd, Southeast Asia's biggest lender, beat market estimates on Monday to post a record quarterly profit, as strong net interest income offset weakness in ... ( read original story ...)
DBS 1Q earnings up 9% to record $1.65 bil on healthy business momentum, higher net interest margin
SINGAPORE (Apr 29): DBS Group Holdings reported record 1Q earnings of $1.65 billion, up 9% a year as total income grew 6% to a new high of $3.55 billion. The stronger bottomline was supported by ... ( read original story ...)
DBS Q1 profit up 9% to $1.65b, beating estimates on rise in lending income
SINGAPORE (BLOOMBERG) - DBS Group Holdings' first-quarter profit unexpectedly rose as interest income made up for declines in wealth, investment banking and brokerage fees. Net income climbed 9 per ... ( read original story ...)
The Singapore banking jobs that WON’T be cut over the next three years
If you’re working in finance in Singapore, you have reason to be fearful for the future of your career. As we reported last week, a major new report has found that a third of job functions in ... ( read original story ...)
MOU between UOB, SGX and Chinese business association to help Chinese firms expand into Asean
... a Chinese business association to help Chinese companies wanting to expand to Singapore and beyond. The memorandum of understanding (MOU) between United Overseas Bank (UOB), Singapore Exchange ... ( read original story ...)
Singapore Police Rescue Victim from Elaborate Bitcoin Machine Scam
Singapore police warned on Saturday: “Do not fall for scammers who impersonate officials from China and ask victims to transfer money using bitcoin machines.” Also: “No government agency in ... ( read original story ...)
The Week Ahead: DBS, UOB And CapitaLand
Two of Singapore’s biggest banks are set to join a couple of blue-chip property companies with results. In February, DBS Group (SGX: D05) posted a 10% jump in fourth-quarter earnings, as it reported a ... ( read original story ...)
Advances in Singapore’s Zika and dengue fight
Singapore scientists have succeeded in mapping out the structures of the dengue and Zika virus strains – a crucial milestone in the development of treatments for the potentially deadly diseases. ... ( read original story ...)
Ferris Wheel in Singapore Club Marks Tao’s ‘Most Dramatic’ Foray
(Bloomberg) -- Tao Group, the U.S.-based nightlife and restaurant company, this month opened Singapore’s biggest night club -- with an indoor ferris wheel and three-story slide -- as its partner Las ... ( read original story ...)
Singapore to fast-track AI patent applications
The Intellectual Property Office of Singapore (Ipos) is to fast-track artificial intelligence-related patent applications to push the Republic's efforts to develop its digital economy. The agency ... ( read original story ...)
Singapore Wealth Firm iFast’s Pre-Tax Profit Declines by 38%
Wealth-management group iFast Corp. posted a 37.5 percent slide in profit before tax for the year to March 31 as poor financial markets and investments for growth take their toll. Singapore-based ... ( read original story ...)