DBS’ Incoming CEO Faces Headwinds, Sees AI as Game Changer
When Barings Bank collapsed in 1995, Tan Su Shan lost her job and was evicted after her Hong Kong landlord thought she might ...
The Asset2h
Asia’s private banks thrive as wealth flows East
DBS, OCBC, and UOB – have reported record profits for 2024, with their respective private wealth units playing a key role in their robust performance.
The Edge Singapore3h
DFI Retail’s FY2024 still in the red, but analysts see recovery on track
DFI Retail reports overall loss of US$244.5 mil for FY2024 from divestments and impairments. DFI’s reported results were ...
The Edge Singapore22h
DBS lifts iFast’s TP to $10.88 thanks to Asia’s rising wealth; $100 bil AUA goal likely require moves like M&A
DBS Group Research Ling Lee Keng has kept her “buy” call on iFast Corporation with a higher target price of $10.88 from ...
The Japan Times2d
Singapore and Hong Kong face growth risks over U.S. tariff war with China
"The full-year outlook faces considerable downside risks, especially from rising geopolitical tensions due to higher tariffs ...
Singapore, HK face growth risks over US tariff war with China
Economists lowered the growth outlook for Singapore and Hong Kong in the second half of this year on increased uncertainties ...
DBS CEO Piyush Gupta gets a 57% pay bump after his last full year leading Southeast Asia’s largest bank
Gupta will take home $13.2 million following the bank's "stellar all-round performance as well as its improved technology ...
Singapore Business Review on MSN12h
Banks’ profits to remain ‘stable’ this 2025
Meanwhile, problem loan ratios are expected to remain at 1% to 2%. Singapore banks will keep a stable outlook, supported by ...
The Business Times2d
PBOC starts paring yuan support amid US exceptionalism doubts
HONG KONG] Doubts over US exceptionalism are giving China a much needed break from strongly defending its currency, as the ...