DBS Group Holdings (DBS)

Investing ideas

For the enterprising, space is the final frontier

The suggestion stemmed from emerging technologies such as autonomous vehicles, AI, robots and reusable rockets.
DBS fined by Hong Kong regulator for violating anti-money laundering rules - THE EDGE SINGAPORE

Banking & finance

DBS fined by Hong Kong regulator for violating anti-money laundering rules

The disciplinary action follows an investigation by the Hong Kong Monetary Authority of DBS Hong Kong’s systems and controls.
What’s behind CDL’s ‘first-of-its-kind’ $400 mil sustainability-linked loan? - THE EDGE SINGAPORE

Environmental, Social and Governance

What’s behind CDL’s ‘first-of-its-kind’ $400 mil sustainability-linked loan?

The SLL incorporates specific performance targets related to “biodiversity conservation, waste management and water efficiency”.
Briefs: Biden faces mounting pressure; Singapore stocks jump to two-year high; Google’s emissions higher due to AI - THE EDGE SINGAPORE

Global Economy

Briefs: Biden faces mounting pressure; Singapore stocks jump to two-year high; Google’s emissions higher due to AI

In other news, tokenisation, AI and quantum computing are the best prospects for transforming finance, says Ravi Menon.

Markets

Singapore stocks jump to two-year high as DBS, OCBC hit records

Shares of DBS Group Holdings Ltd. climbed 2.3% and Oversea-Chinese Banking Corp. added 1.2%, with both extending record highs.
DBS to power same-day peer-to-peer cross-border payments with Mashreq - THE EDGE SINGAPORE

Digital Economy

DBS to power same-day peer-to-peer cross-border payments with Mashreq

The service, powered by DBS Globesend, will be rolled out in selected markets across Asia Pacific, Europe and the Americas.
CDL secures $400 mil sustainability-linked loan from DBS with TNFD-aligned targets, the first of its kind - THE EDGE SINGAPORE

Environmental, Social and Governance

CDL secures $400 mil sustainability-linked loan from DBS with TNFD-aligned targets, the first of its kind

The SLL incorporates specific performance targets related to biodiversity conservation, waste management and water efficiency.

Anti-money laundering

Singapore banks probe rich clients after money-laundering case

The Monetary Authority of Singapore recently completed on-site inspections of some banks that were involved in the case.
Sembcorp CEO, DBS energy head deliver reality checks on renewables - THE EDGE SINGAPORE

Energy

Sembcorp CEO, DBS energy head deliver reality checks on renewables

“When we tell people to shut down their coal plants in Indonesia, Malaysia and the Philippines; where is the alternative?”

Broker's Calls

CGSI stays ‘neutral’ on Singapore banks although steeper-than-expected rate cuts may see sequential drop in earnings

PhillipCapital remains “overweight” on the sector as Singapore interest rates inch up.
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