DBS Group Holdings

Fintech

Jack Ma’s shadow looms large for banks across Southeast Asia

SINGAPORE/SHANGHAI (June 30): Over the past two months, some 1,000 part-time workers for DBS Group Holdings Ltd. have fanned out across Singapore’s famed food courts, trying to entice mom-and-pop hawkers to use the bank’s digital payments service, ca

Why SPH needs to restructure itself

(June 27): The broad market apathy towards shares in Singapore Press Holdings belies the confidence with which the company is pursuing its next major property development project, and its solid track record in creating value in the real estate sector. The

Noble Group's share slump worsens as DBS sees further losses

SINGAPORE (May 12): Noble Group Ltd.’s losses could continue as the commodity trader may be unable to hedge price risks in its coal business effectively, according to DBS Group Holdings, which cut its share price target by about 60%. The stock extended

In print this week

Why you should bank on these stocks to continue outperforming

SINGAPORE (May 12): DBS Group Holdings, Oversea-Chinese Banking Corp and United Overseas Bank have been among the strongest drivers of the Straits Times Index recently. Since the beginning of the year, their stocks have rallied 20%, 17.3% and 17.3% respec
thermal coal

Outperforming banks lift STI; portfolio dragged down by GEAR

SINGAPORE (May 12): The Straits Times Index is on a tear. In the one-week period to May 9, the benchmark index gained 1.2%, buoyed by strong results from the banks. Notably, shares of DBS Group Holdings, Oversea- Chinese Banking Corp and United Overseas B

Singapore market hits 21-month high

SINGAPORE (May 11): Singapore scaled a 21-month peak on Thursday, powered by banks, with Southeast Asian stock markets largely upbeat, mirroring broader positive sentiment in Asia and Wall Street.

'Unbridled greed' behind DBS private-wealth dispute, says judge

HONG KONG (May 3): Singapore’s DBS Group Holdings Ltd. lost part of a case over losses on millions of dollars of investments for the family trust of a wealthy Chinese banker and his wife during the global financial crisis.

Fintech

TransferWise expands money remittance service to Singapore

SINGAPORE/LONDON (April 27): TransferWise, the London-based startup backed by investors including Peter Thiel’s Valar Ventures and Andreessen Horowitz, is bringing its international money transfer service to Singapore, aiming to shake up banks’ dom
Taizo Son

Tech

Billionaire Taizo Son ditches Japan to start afresh in Singapore

SINGAPORE (April 18): Singapore may have just added a new tech billionaire, but it had to lure him from Japan first.

Rickmers Maritime becomes latest Singapore casualty of debt woes

SINGAPORE (April 12): Rickmers Maritime, the Singapore-listed trust that operates container ships, said it would be wound up as it has been unable to reach an agreement with its lenders to restructure debt or raise new equity.
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