Business
From Amazon to DBS: AI is driving thousands of job cuts worldwide
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)…
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DBS
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DBS, OCBC hit new records but UOB lags
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…
Business
DBS’ Tan Su Shan is 29th among Forbes’ 2025 World’s 100 Most Powerful Women; two other Singaporeans ranked
The other two are Temasek Trust chair Ho Ching and seasoned venture capitalist Jenny Lee DBS Group chief executive officer Tan Su Shan is…
Business
DBS bullish on developers, hikes up target prices for CDL, UOL, GuocoLand
The increase comes on lower interest rates and plans by developers to recycle capital and rejuvenate assets DBS Research has taken a…
Business
Bukit Sembawang Estates a ‘potential dividend powerhouse’: DBS
Bukit Sembawang Estates has been identified as a “potential dividend powerhouse” by DBS Group Research, which sees the possibility of a…
Business
JPMorgan warns DBS could turn ‘unjustifiably expensive’, flags volatility for UOB
As Singapore’s financial sector evolves, DBS could get “unjustifiably expensive”, and UOB may face volatility over the next six months,…
Business
JPMorgan sees DBS at S$70 in a year’s time; with potential S$3.30 dividend for years
As Singapore’s financial sector evolves, DBS could get “unjustifiably expensive”, and UOB may face volatility over the next six months,…
Business
DBS said to revise Alliance Bank offer proposal to 30% stake
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the decision after failing to get approval for its initial request to buy as much as 49% Singapore’s biggest bank has withdrawn an…
Business
Asian currencies to regain ‘much-needed’ stability in 2026: DBS report
Countries have also bypassed US to trade with one another in view of tariff risks DBS analysts are upbeat about the region’s prospects for…
Business
Malaysian ringgit, Thai baht set to benefit from rate cuts in 2026: DBS report
Countries have also bypassed US to trade with one another in view of tariff risks DBS analysts are upbeat about the region’s prospects for…
Business
DBS, Ant International expand partnership to boost cross-border payments
Singapore’s biggest bank DBS Group and Ant International have signed a memorandum of understanding to expand their partnership and scale…
Business
Outlook for UOB lags DBS, OCBC amid spotlight on asset quality in Q3
Analysts remain positive on DBS and OCBC given resilient results supported by strong non-interest income Market outlook for UOB has turned…
Business
Diversification is even more urgent post ‘Liberation Day’, says DBS CEO Tan Su Shan
DBS Group chief executive Tan Su Shan said it was more important for businesses to diversify after the US announced tariffs on imports…
Business
DBS CEO Tan Su Shan sees tech-led growth in China despite property slowdown
China’s push into deep technology and artificial intelligence is creating pockets of growth despite an uneven recovery in its property…
Business
DBS, Franklin Templeton launch Singapore’s first tokenised retail fund
The fund is available to DBS wealth clients and accredited investors, with retail access expected in Q1 2026 Investment manager Franklin…
Business
DBS general allowance ‘more than adequate’: CEO Tan Su Shan
The bank’s total allowance stood at S$6.4 billion, comprising S$4.1 billion in general allowances and S$2.4 billion in specific…
Business
DBS banks on deposit growth to keep income stable in 2026 as interest rates fall
CEO Tan Su Shan sees opportunities within the equities capital markets and debt capital markets, as corporates return to these segments…
Business
DBS shares soar more than 3% to hit a record high, after posting earnings that beat forecasts
Lender’s Q3 net profit is S$2.95 billion – higher than the S$2.79 billion estimated in survey Shares of DBS rocketed more than 3 per cent…
Business
DBS shares soar more than 3.8% to hit a record high, after posting earnings that beat forecasts
Lender’s Q3 net profit is S$2.95 billion – higher than the S$2.79 billion estimated in survey Shares of DBS rocketed more than 3 per cent…
Business
Stocks to watch: DBS, UOB, PropNex, LHN, Coliwoo, Lendlease Reit
The following companies saw new developments that may affect trading of their securities on Thursday (Nov 6): Source link
Business
DBS Q3 profit down 2% to S$2.95 billion; beats expectations
DBS’ net profit for the third quarter ended Sep 30, 2025, fell 2 per cent to S$2.95 billion, compared with S$3.03 billion from the…
Business
DBS, OCBC and UOB expected to post flat or weaker Q3 earnings as margins narrow
Focus will be on whether stronger wealth and trading income can cushion lending slowdown Singapore’s three local banks are set to deliver…
Business
DBS re-initiates China Aviation Oil coverage with ‘buy’ call; shares rise 7.6%
Its trading profitability is expected to rise, while arbitrage opportunities are set to persist Shares of China Aviation Oil (CAO) surged…
Business
DBS restarts China Aviation Oil coverage with ‘buy’ call; shares rise 7.6%
Its trading profitability is expected to rise, while arbitrage opportunities are set to persist Shares of China Aviation Oil (CAO) surged…