Singapore
Singapore shares open lower on Thursday as DBS weakens; STI down 0.2%
SINGAPORE equities retreated on Thursday (Aug 8) as shares of DBS declined, after the bank announced its chief executive Piyush Gupta would be stepping down upon retiring at the...
Singapore banks see wealth fees surge as rich step up trading
SINGAPORE’S biggest banks are reaping benefits from the rich’s appetite to shift assets and trade in the Asian wealth hub, which have boosted the lenders’ earnings.
DBS Group Holdings saw...
Singapore shares rise at Wednesday’s open; STI up 1%
SINGAPORE shares started trading in the positive territory on Wednesday (Aug 7) mirroring overnight gains in global markets.As at 9.01 am, the Straits Times Index (STI) opened 1 per...
Singapore shares open higher on Tuesday; STI up 0.8%
SINGAPORE equities began trading in positive territory on Tuesday (Aug 6), following a global market rout with all three major Wall Street indices spending the entire day in the...
Next DBS CEO should have the skills to run the ‘Digital Bank of Singapore’
An important challenge will be to maintain the bank’s lead in the age of digital and online challenges, as well as coping with AI risksMANY in Singapore’s analyst community...
Singapore shares fall at Monday’s open; STI down 2.5%
SINGAPORE equities began trading in negative territory on Monday (Aug 5), after Wall Street stocks tumbled last Friday following the release of poor jobs data in the US. As at...
Isetan Singapore narrows H1 loss to S$126,000 but faces lower sales
The latest set of results comes after a major shareholder proposed to take Isetan privateJAPANESE retailer Isetan Singapore recorded a net loss of S$126,000 for the six months ended...
MAS sets up review group to improve Singapore stock market
The panel will build on existing initiatives introduced by the government to support enterprise financingTHE Monetary Authority of Singapore (MAS) has set up a review group to recommend measures...