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The bank is also looking to link its DBS PayLah! service to Weixin Pay to further cross-border payments DBS customers looking to transfer money to Chinese e-wallet Weixin Pay accounts…
The lender plans to roll out same-day outbound remittances from China by the second half of 2026 DBS is aiming to reach S$100 billion in consumer cross-border flows in its core markets by…
Integrated resort on Sentosa could attract higher-value traffic after renovations, launch of luxury hotel While Marina Bay Sands (MBS) has capped off “the greatest quarter” in its latest…
Analysts are ratcheting up target prices for local lenders as their shares and the benchmark Straits Times Index (STI) scaled new peaks. OCBC’s mean target price saw the sharpest revision…
Singapore shares breached the 4,900 mark on Tuesday (Jan 27), with the record-breaking momentum buoyed by overnight gains on Wall Street, a flight to safe-haven assets and optimism about…
One key risk lies in its significant capital outlay for renovation and maintenance works being irrecoverable, say analysts DBS Group Research analysts Geraldine Wong and Derek Tan on…
FY2026 could post a larger-than-expected drop in earnings due to downside risks, says CGSI CGS International (CGSI) has downgraded its call on DBS to “hold” from “add”, citing forecasts of…
Analysts say that other banks in Asia, including OCBC and UOB, could eventually explore similar deals A week ago, media reports surfaced that DBS – South-east Asia’s largest lender – is…
But as Singapore’s lenders seek to ride the wave, agentic artificial intelligence’s rise poses challenges for local banking talent DBS notched up a one-third increase in economic value…
Hou Wey Fook is confident that AI-related optimism is based on sound fundamentals The so-called “artificial intelligence (AI) bubble”, which has some concerned, is not the same as the…
It also upgrades the overall banking sector to ‘overweight’ and has a continued ‘buy’ call for OCBC A dividend yield of 5.6 per cent this year has led UOB Kay Hian (UOBKH) analysts to…
It also upgrades the overall banking sector to ‘overweight’ and keeps its ‘buy’ call for OCBC A dividend yield of 5.6 per cent this year has led UOB Kay Hian (UOBKH) analysts to upgrade…
South-east Asia’s largest bank held preliminary talks with funds investing in SRTs DBS Group Holdings is weighing a foray into the market for significant risk transfers (SRTs) as lenders…
Supermarkets and health-and-beauty retailers are set to perform well in 2026 as Singapore consumption shifts away from discretionary items, while lower commodity costs will boost food…
Among Singapore banks, UOB lags peers as investors await greater earnings clarity Attractive dividend yields have pushed DBS and OCBC to fresh all-time highs, and will likely continue to…
The deal is for a newbuild floating storage and regasification unit that will be operated by Singapore LNG Corporation Mitsui OSK Lines (MOL) has signed a project finance agreement with a…
The global march of artificial intelligence (AI) continues, and in its shadow, hundreds of thousands of jobs have or will be axed by corporations. Among the latest major corporations to…
Global banks alone will cut as many as 200,000 jobs in the next three to five years The global march of artificial intelligence (AI) continues, and in its shadow, hundreds of thousands of…
The city-state’s rally has a ‘long way to go’, says the bank, which is also ‘overweight’ on Vietnamese equities Asean equities will be at an inflexion point in 2026, with a recovery in…
The new records follow DBS’ appointment by the Chinese central bank to be the first local bank to serve as a yuan clearing lender Shares of two local banks, DBS and OCBC, hit all-time…
The increase comes on lower interest rates and plans by developers to recycle capital and rejuvenate assets DBS Research has taken a bullish stance on Singapore property counters,…
Bukit Sembawang Estates has been identified as a “potential dividend powerhouse” by DBS Group Research, which sees the possibility of a special dividend of up to S$1 per share on the…
As Singapore’s financial sector evolves, DBS could get “unjustifiably expensive”, and UOB may face volatility over the next six months, said JPMorgan in a note on Friday (Nov 28). This…
It made the decision after failing to get approval for its initial request to buy as much as 49% Singapore’s biggest bank has withdrawn an application to start talks to buy as much as 49…
