Business
DBS launches zero-remittance-fee payment service to Chinese digital wallet
The bank is also looking to link its DBS PayLah! service to Weixin Pay to further cross-border payments DBS customers looking to transfer…
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DBS
Business
RHB downgrades StarHub to ‘sell’, Citi to ‘neutral’ as profit slides; DBS reviews rating
StarHub’s net profit of S$38.5 million for its second half is a 50.9% year-on-year drop Analysts on Friday (Feb 13) downgraded StarHub…
Business
Margin relief lifts outlook for DBS, OCBC and UOB, extending Singapore bank rally
Sentiment remains largely positive on the sector amid resilient asset quality, steady capital returns The three local banks may be nearing…
Business
‘We want to be a dominant player’: DBS targets S$100 billion in cross-border flows by 2030
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…
Business
RWS ‘better positioned’ to win back high-rollers from MBS: DBS
Integrated resort on Sentosa could attract higher-value traffic after renovations, launch of luxury hotel While Marina Bay Sands (MBS) has…
Business
DBS, OCBC, UOB target prices climb as banks hit record highs
Analysts are ratcheting up target prices for local lenders as their shares and the benchmark Straits Times Index (STI) scaled new peaks.…
Business
STI breaches 4,900; DBS, OCBC, UOL, Jardine Matheson end at record highs
Singapore shares breached the 4,900 mark on Tuesday (Jan 27), with the record-breaking momentum buoyed by overnight gains on Wall Street,…
Business
DBS initiates ‘buy’ call on Coliwoo Holdings amid growing Singapore co-living market
One key risk lies in its significant capital outlay for renovation and maintenance works being irrecoverable, say analysts DBS Group…
Business
CGSI downgrades DBS to ‘hold’ on ‘muted’ Q4 performance forecast; S$60.50 target price unchanged
FY2026 could post a larger-than-expected drop in earnings due to downside risks, says CGSI CGS International (CGSI) has downgraded its…
Business
What are significant risk transfers – and why is DBS reportedly considering them?
Analysts say that other banks in Asia, including OCBC and UOB, could eventually explore similar deals A week ago, media reports surfaced…
Business
DBS picks ST Engineering, Sats over airlines; cuts SIAEC to ‘hold’
DBS Group Research downgraded SIA Engineering Company (SIAEC) to “hold” and advised investors to shift exposure towards upstream aviation…
Business
DBS lifts target price of ST Engineering, Sats; cuts SIAEC to ‘hold’
DBS Group Research downgraded SIA Engineering Company (SIAEC) to “hold” and raised its target prices for ST Engineering and Sats, as it…
Business
DBS unlocks S$1 billion in AI value in 2025
But as Singapore’s lenders seek to ride the wave, agentic artificial intelligence’s rise poses challenges for local banking talent DBS…
Business
Not another dotcom bubble: DBS CIO doubles down on AI, healthcare
Hou Wey Fook is confident that AI-related optimism is based on sound fundamentals The so-called “artificial intelligence (AI) bubble”,…
Business
‘One of the best years ever’: DBS’ equities head sees buoyant 2026 for Singapore IPOs
Art Karoonyavanich says the bank is involved with ‘quite a number’ of companies that could go public this year Initial public offering…
Business
UOBKH upgrades top pick DBS to ‘buy’ on 5.6% yield
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…
Business
UOBKH rates top pick DBS a ‘buy’ on 5.6% yield
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…
Business
DBS lays groundwork for significant risk transfers: sources
South-east Asia’s largest bank held preliminary talks with funds investing in SRTs DBS Group Holdings is weighing a foray into the market…
Unsorted
DBS picks ThaiBev, DFI Retail for 2026 as commodity costs fall
Conversely, Alethia Capital downgrades the beverage producer due to Thailand’s alcohol restrictions Supermarkets and health-and-beauty…
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Supermarkets, health and beauty retailers set to perform in 2026, DBS says, naming top picks
Conversely, Alethia Capital downgrades the beverage producer due to Thailand’s alcohol restrictions Supermarkets and health-and-beauty…
Business
Flight to quality, dividends lift DBS and OCBC to all-time highs, but analysts warn valuations look expensive
Among Singapore banks, UOB lags peers as investors await greater earnings clarity Attractive dividend yields have pushed DBS and OCBC to…
Business
STI crosses 4,700 mark for first time buoyed by DBS, OCBC gains
The blue-chip Straits Times Index (STI) breached the 4,700-point mark for the first time on Tuesday (Jan 6), setting it on course for a…
Business
Mitsui OSK inks financing deal for Singapore LNG terminal with banks including DBS, OCBC
The deal is for a newbuild floating storage and regasification unit that will be operated by Singapore LNG Corporation Mitsui OSK Lines…
Business
From Amazon to DBS: AI is driving the thousands of pink slips being issued to staff
The global march of artificial intelligence (AI) continues, and in its shadow, hundreds of thousands of jobs have or will be axed by…