News
OCBC Q1 profit falls 5% to S$1.88 billion; beats expectations
[SINGAPORE] OCBC’s net profit for the first quarter fell on lower net interest income and higher operating expenses.Net profit for the three months ended March 31, 2025 stood at...
How advisers can augment the board
ONE of the expected roles of the board of a company is to provide strategic guidance by drawing upon the diverse experience and expertise of its directors. Indeed, much...
US: Wall St opens higher ahead of potential US-UK deal announcement
Published Thu, May 8, 2025 · 09:46 PM[NEW YORK] Wall Street’s main indexes opened higher on Thursday (May 8) on news that the United States was on the verge...
Asian banks see big boost to wealth business as currencies rally
[HONG KONG, SINGAPORE] A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek alternatives to US dollar-denominated assets and demand...
Bank of England cuts rates to 4.25% as it sees tariff hit to growth
[LONDON] The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, despite an unexpected three-way split among policymakers as US...
Australia exchange operator proposes IPO reforms to revive listings
[SYDNEY] The Australian Securities Exchange (ASX) on Thursday (May 8) unveiled a series of proposed reforms aimed at enhancing the global appeal of Australia’s capital markets and revitalising its...
Australia exchange operator proposes IPO reforms to revive listings
[SYDNEY] The Australian Securities Exchange (ASX) on Thursday (May 8) unveiled a series of proposed reforms aimed at enhancing the global appeal of Australia’s capital markets and revitalising its...
Weakening greenback to benefit Singapore firms with significant exposure to debts, costs in US dollar
[SINGAPORE] Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the world’s largest economy. But market...
Weakening US dollar expected to yield mixed impact for Singapore companies with significant exposure
[SINGAPORE] Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the world’s largest economy. But market...
Musk hits back at OpenAI’s claim he’s on quest to harm startup
[SAN FRANCISCO] Elon Musk fired back at OpenAI’s accusation that he has been waging a “relentless” campaign for more than a year to damage the startup.In a court filing...
SeaMoney rebrands to Monee, opens new headquarters for digital financial services
Monee will be establishing centres of excellence in product management, artificial intelligence and anti-money laundering[SINGAPORE] Sea’s digital financial services arm has rebranded from SeaMoney to Monee, a new umbrella...
