finance

Funds

UOB Venture Management launching second Asia impact fund in 2H

SINGAPORE (June 10): UOB Venture Management (UOBVM) says it intends to roll out its second impact fund, the second series of the Asia Impact Investment Fund (AIIF II), to global institutional and a

Corruption probe

NGSC reports former directors to police over $1.1 mil of suspected unauthorised payments

SINGAPORE (June 4): NGSC says it has lodged a police report against two of its former directors for their alleged involvement in suspected unauthorised payments amounting to $1.1 million.

Startups • Entrepreneurs • Digital economy

New UOB-Mastercard partnership targets SMEs with free golf club access, hotel & dining perks

SINGAPORE (May 28): United Overseas Bank (UOB) and Mastercard today announced the launch of the UOB Regal Business Metal Card, the region’s first World Elite Mastercard metal card for small- and me

Broker's Calls

Singapore banks to shine despite regional macros, competition from fintechs: Maybank

SINGAPORE (Mar 18): Maybank Kim Eng is keeping “positive” on Singapore’s banking sector while noting significant interest among Malaysian investors in Singapore banks from a flight-to-quality angle

Malaysia

Malaysia's stock market is Asia's only loser of 2019

KUALA LUMPUR/SINGAPORE (Mar 12): The euphoria following Malaysia’s historic election last May has faded, leaving its stock market as Asia’s only one in the red this year.

Broker's Calls

Analysts shave UOB forecasts on operating challenges & limited upside, but remain positive at 'buy'

SINGAPORE (Feb 25): Jefferies and OCBC Investment Research are maintaining their “buy” calls on United Overseas Bank (UOB) with a target price and fair value of $30 and $28.30, respectively, even a

Careers & Training

Local talent can expect a 12-15% salary hike when switching jobs this year, says recruiter

SINGAPORE (Feb 20): In spite of government projects that suggest a slight drop in hiring growth this year, recruitment specialist Michael Page is expecting job growth to continue its steady momentu

Broker's Calls

DBS undergoes target price cuts after a record FY18, but remains a 'buy'

SINGAPORE (Feb 19): Jefferies Singapore, OCBC Investment Research and RHB Research are maintaining their “buy” calls on DBS Group while lowering their price targets to $28.50, $29.31 and $28.80, re

Sector Focus

DBS tops Asean list for Brand Finance's most valuable banking brands in 2019

SINGAPORE (Feb 7): DBS Bank is No. 34 in Brand Finance’s Banking 500 2019 annual report global rankings, rising six spots from No.

In print this week

How events like Huawei CFO's arrest affect financial markets

SINGAPORE (Dec 14): By mid-2018, it was shaping up to be the most volatile year for global markets since 2008.

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