The Business Times
business-time-50
Therese Soh

Therese Soh

JOURNALIST

emailtherese@sph.com.sg
DBS' higher Q1 net profit was due to strong wealth-management performance.
HOT STOCK

DBS shares up 3.4%, touch two-month high on estimate-beating Q1 earnings

Its S$2.93 billion Q1 earnings beat the consensus forecast in a Bloomberg survey of six analysts

DBS posted a net profit of S$2.93 billion for its first quarter ended Mar 31, up 1% from S$2.90 billion in the year-ago period.

Stocks to watch: DBS, Wilmar, Sheng Siong, Starhill Global Reit, CDLHT, CDL, Lum Chang Creations

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Apr 30):

NUS Business School, which ranks 14th globally, is one of three Singapore universities among Apac’s top 10 business schools.

NUS retains crown as Asia’s top business school in latest QS ranking 

NTU falls one rank to third place as SMU maintains fourth spot

Aztech Global was among tech stocks that staged a rally last week on the back of a stronger-than-expected 15.3 per cent surge in Singapore’s key exports.
BROKERS’ TAKE

Aztech shares jump over 17%; CGSI upgrades stock to ‘add’, lifts target 46.2% despite earnings miss

An expected earnings recovery and potential EQDP-driven rally may benefit stock, says analyst

Aspial Lifestyle, which has the Maxi-Cash, Lee Hwa and Goldheart brands in its stable, saw its net profit grow to S$80.7 million in FY2025.

Aspial Lifestyle moving to SGX mainboard on May 4 after meeting public float requirement

Parent Aspial Corp divests 10 million shares, raising subsidiary’s public float above 15%

CLI notes that the gains for the fee-related business were underpinned by its funds platform, amid increases across segments.

CLI fee revenue up 10% in Q1 as real estate investment business revenue softens 14%; potential inflation may weigh on asset operations

Total revenue stands at S$487 million; real estate investment business revenue down following divestments

In 2025, the Bank of Singapore's family office and wealth advisory team registered a record number of client engagements globally.

Bank of Singapore strengthens family office, wealth advisory team to support UHNW demand

Ultra-high-net-worth clients are a ‘key growth segment’, says the bank

ST Engineering secured S$4.8 billion in new contracts in the first quarter of 2026.

Stocks to watch: ST Engineering, Clar, MPACT, Yangzijiang Maritime, Sert, Addvalue Tech, GSH

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Apr 28):

An ageing population, shifting workforce aspirations and the sheer challenge of running a company have highlighted the issue of leadership succession. 

Higher bar, talent crunch complicate Singapore SMEs’ succession plans

For ageing towkays, finding the right successor may prove more elusive than before, observers say

Over a one-year period leading up to November 2025, AI contributed to the elimination of 11 per cent of jobs. Another 12% of roles were not backfilled.

AI-exposed firms cut 4% of jobs; car sector hardest hit: Morgan Stanley report

The automobile and components sector has the highest net job loss, at 10%, across five industry sectors

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More