DBS Bank Limited

Paxos approved by MAS for DPTservices; names DBS as primary banking partner   - THE EDGE SINGAPORE

Fintech

Paxos approved by MAS for DPT services; names DBS as primary banking partner

The approval marks Singapore as the third market where Paxos and its related entities are authorised to issue stablecoin.

In Focus

Driving responsible AI innovation

What lessons can companies draw in developing their own approaches to AI and Gen AI?

Singapore news

MAS issues five-year prohibition order against former DBS representative

The MAS has issued a five-year prohibition order on a former DBS representative.
Analysts mixed on MINT after FY2024 results; Maybank lowers TP while OCBC ups fair value estimate - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on MINT after FY2024 results; Maybank lowers TP while OCBC ups fair value estimate

Analysts mixed on MINT after FY2024 results; Maybank lowers TP while OCBC ups fair value estimate
Analysts maintain ‘buy’ calls on FCT after 1HFY2024 results - THE EDGE SINGAPORE

Broker's Calls

Analysts maintain ‘buy’ calls on FCT after 1HFY2024 results

DBS Group Research and Maybank Securities maintain 'buy' calls on FCT with unchanged target prices

Broker's Calls

Analysts lower TPs on CLCT after divergent performance between retail and new economy assets

That said, DBS and OCBC have both kept their “buy” calls after its 1QFY2024 update.
Short pause for DBS’s runaway share price ahead of 1Q results - THE EDGE SINGAPORE

Right Timing

Short pause for DBS’s runaway share price ahead of 1Q results

DBS set for consolidation ahead of 1QFY2024 results release on May 2; China still deflationary despite surprise 1Q GDP growth

Singapore economy

Singaporean inflation expectation continues to ease to 4.0% despite headwinds to global growth: SInDEx

Singaporean inflation expectation continues to ease to 4.0% despite headwinds to global growth: SInDEx

Insider moves

DBS acquires 1.56 mil units in MLT for $2.35 mil

The units were bought via the market on Feb 1.
DBS’s PayLah! down for some users earlier this morning - THE EDGE SINGAPORE

Banking & finance

DBS’s PayLah! down for some users earlier this morning

As at 11.40am, services for PayLah! returned to normal.
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