Business
DBS’ continued run-up leaves peers OCBC, UOB in the dust
Shares of South-east Asia’s biggest banking group are more than 20% up in the year to date Source link
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DBS
Business
STI rises 1.1% to new high, as DBS leads gains
The benchmark Straits Times Index (STI) ended 1.1 per cent or 48.89 points higher at a record 4,346.46 on Wednesday (Sep 10), with DBS…
Business
DBS breaks new barrier at S$52.75 as STI soars to new high of 4,346.68 points
JPMorgan has bullish STI target of up to 5,000, cites declining interest rates and Republic’s S$5 billion market development programme DBS…
Business
DBS reaches new peak of S$52.87, as STI soars to record high of 4,355.84 points
JPMorgan has bullish STI target of up to 5,000 by year’s end, cites declining interest rates and Republic’s S$5 billion market development…
Business
Singapore-Johor SEZ helps southern state beat Singapore, Malaysia’s growth: DBS
The Johor-Singapore Special Economic Zone (JS-SEZ) is showing great potential, according to a DBS report released on Thursday (Sep 4). The…
Business
Johor-Singapore SEZ helps southern state beat Singapore, Malaysia’s growth: DBS
The Johor-Singapore Special Economic Zone (JS-SEZ) is showing great potential, based on a DBS report released on Thursday (Sep 4). The…
Business
Citi expects global digital asset trades to hit US$2 trillion a day; DBS sees volume surge in H1
In a white paper released this week, Citi projected that in five years, the world will see US$2 trillion in digital assets held or traded…
Business
DBS’ plan to buy Alliance Bank stake is said to have stalled
DBS Group Holdings’ plan to buy a stake in Alliance Bank Malaysia has stalled as Singapore’s biggest bank has yet to get regulatory…
Business
Sea overtakes DBS as South-east Asia’s most valuable company
Shares of the Internet company rise 1.1% in New York for a market capitalisation of US$111 billion Singapore’s Sea Ltd has reclaimed its…
Business
DBS launches tokenised structured notes on Ethereum public blockchain
DBS has announced the launch of tokenised structured notes on the Ethereum public blockchain, enabling investors to trade these…
Business
DBS sees rising demand for yuan settlements from Chinese exporters
DBS Group, South-east Asia’s largest lender by assets, is seeing growing interest from Chinese exporters to settle trades in renminbi…
Business
Shopee, Monee power Sea’s value to over US$100 billion; DBS only other Singapore company in that league
Sea shares are up 64.1% in the year to date and have quadrupled since their low of US$34.82 at the start of 2024 Sea Ltd soared on the New…
Business
DBS suggested Hyflux issue preference shares in 2011, Olivia Lum’s lawyer reveals
The issuance of S$400 million in preference shares by Hyflux in 2011 was suggested by DBS, going by evidence that emerged in the trial of…
Business
DBS, China-Singapore Suzhou Industrial Park Development sign MOU to advance carbon credit trading
DBS China on Tuesday (Aug 12) has signed a memorandum of understanding with a subsidiary of China-Singapore Suzhou Industrial Park…
Business
DBS China signs MOU with two other parties to advance carbon credit trading
DBS China on Tuesday (Aug 12) signed a memorandum of understanding with a subsidiary of China-Singapore Suzhou Industrial Park Development…
Business
DBS shares jump 2.5%, cross S$50 mark
DBS shares surpassed the S$50 mark in early trade on Friday (Aug 8), a day after it reached that record level following news of its…
Business
DBS looks to volume growth to mitigate falling interest rates; stock soars to record high, hits S$50 mark
Shares of DBS soared to a record high on Thursday (Aug 7) – briefly hitting a milestone S$50 mark – as South-east Asia’s biggest lender…
Business
DBS shares reach S$50 mark, an all-time high, after unveiling higher Q2 profit
DBS shares set a record on Thursday (Aug 7) and hit the S$50 mark for the first time, after the lender posted marginally higher Q2…
Business
DBS shares rally to a new record as STI clocks yet another high
DBS shares hit a new high on Friday (Jul 18) morning, bringing the Straits Times Index (STI) to a fifth consecutive record in intra-day…
Business
Companies look to AI to enable financial resilience amid global volatility: DBS survey
Businesses around the world are rethinking long-term strategies as volatility rises, with generative artificial intelligence (Gen AI)…
Business
Who is Tan Teck Long, the former DBS veteran who is OCBC’s incoming CEO?
OCBC has announced that its chief executive Helen Wong, 64, will retire on Dec 31, 2025. Its head of global wholesale banking, Tan Teck…
News
DBS downgrades Genting Singapore to ‘hold’, trims target price on tariffs dampening outlook
DBS on Thursday (Jul 10) downgraded Genting Singapore to a “hold” rating and lowered its target price for the stock from S$0.90 to S$0.80,…
Business
Stocks to watch: DBS, Singtel, ST Engineering, UOL, SGX, Food Empire, Prime US Reit, Soilbuild Construction
The following companies saw new developments that may affect trading of their securities on Thursday (Jul 10): DBS, Singtel, ST…
Business
DBS, Singtel help lift Temasek’s portfolio to record S$434 billion
Temasek posted a record net portfolio value (NPV) of S$434 billion for the financial year ended Mar 31, driven by the strong performance…