https://www.businesstimes.com.sg/ THE BUSINESS TIMES - Find latest business and financial news including analysis and opinion on top business stories, stock markets in Singapore, Asia-Pacific and global market news and more at The Business Times. en-US https://www.businesstimes.com.sg/favicon.ico https://www.businesstimes.com.sg/ 32 32 https://www.businesstimes.com.sg/companies-markets/banking-finance/greenback-slips-lowest-early-june-rate-hike-bets-fade Mon, 17 Aug 2026 12:11:29 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/greenback-slips-lowest-early-june-rate-hike-bets-fade Traders trimmed US rate hike bets against the backdrop of a run of softer economic data https://www.businesstimes.com.sg/companies-markets/singapores-financial-sector-must-resist-risk-aversion-be-bolder-stay-cutting-edge-former-dbs-chief Mon, 17 Aug 2026 11:42:44 +0000 Tan Nai Lun Companies & Markets Banking & Finance /companies-markets/singapores-financial-sector-must-resist-risk-aversion-be-bolder-stay-cutting-edge-former-dbs-chief Success in building Singapore’s financial system makes it easy to ‘focus too much on stability’ https://www.businesstimes.com.sg/companies-markets/gxs-enters-credit-card-arena-new-cashback-card Mon, 17 Aug 2026 06:26:54 +0000 Benjamin Cher Companies & Markets Banking & Finance /companies-markets/gxs-enters-credit-card-arena-new-cashback-card Cardholders can link their card immediately to their Grab app from within the GXS app https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-japan-should-raise-rates-every-meeting-ex-currency-chief-says Mon, 17 Aug 2026 04:47:37 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/bank-japan-should-raise-rates-every-meeting-ex-currency-chief-says Traders see a 79% chance of a hike when the BOJ’s board meet on Sept 18 https://www.businesstimes.com.sg/companies-markets/banking-finance/national-australia-banks-q3-cash-earnings-rise-lower-impairments-offset-slower-home-lending Mon, 17 Aug 2026 00:17:28 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/national-australia-banks-q3-cash-earnings-rise-lower-impairments-offset-slower-home-lending It posted cash earnings of A$1.83 billion (US$1.30 billion) for the three months ended Jun 30 https://www.businesstimes.com.sg/companies-markets/uobs-digital-wealth-sales-transactions-jump-almost-50-clients-invest-more-online Sun, 16 Aug 2026 23:00:00 +0000 Renald Yeo Companies & Markets Banking & Finance /companies-markets/uobs-digital-wealth-sales-transactions-jump-almost-50-clients-invest-more-online The average lump-sum investment among young adults is now about S$4,000; among young professionals, it almost S$8,000 https://www.businesstimes.com.sg/companies-markets/banking-finance/crypto-wallet-provider-safepal-discloses-data-breach-affecting-nearly-40000-users-order-information Sun, 16 Aug 2026 21:54:30 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/crypto-wallet-provider-safepal-discloses-data-breach-affecting-nearly-40000-users-order-information The company said it has rectified the problem https://www.businesstimes.com.sg/companies-markets/leveraged-etfs-snap-back-casino-crowd-mints-us50-billion Sat, 15 Aug 2026 04:09:47 +0000 Companies & Markets Banking & Finance /companies-markets/leveraged-etfs-snap-back-casino-crowd-mints-us50-billion [NEW YORK] Three weeks ago, Wall Street’s casino crowd took a beating. AI stocks buckled, semiconductor shares tumbled and leveraged trades unravelled. https://www.businesstimes.com.sg/companies-markets/banking-finance/greenback-steadies-after-benign-us-inflation-curbs-fed-rate-hike-bets Thu, 13 Aug 2026 12:14:39 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/greenback-steadies-after-benign-us-inflation-curbs-fed-rate-hike-bets Data on Wednesday showed US consumer prices increased 0.1 per cent in July, in line with economist expectations https://www.businesstimes.com.sg/companies-markets/dbs-names-new-heads-hong-kong-taiwan-and-indonesia-markets Thu, 13 Aug 2026 10:07:16 +0000 Chloe Lim Companies & Markets Banking & Finance /companies-markets/dbs-names-new-heads-hong-kong-taiwan-and-indonesia-markets Sebastian Paredes, who is chief of the North Asia and Hong Kong franchise, will step down on Mar 1, 2027 https://www.businesstimes.com.sg/companies-markets/stanchart-customers-gain-wider-range-services-after-move-trust-bank-digital-bank-ceo Thu, 13 Aug 2026 09:19:14 +0000 Tan Nai Lun Companies & Markets Banking & Finance /companies-markets/stanchart-customers-gain-wider-range-services-after-move-trust-bank-digital-bank-ceo Trust Bank announces that it is adding stockback benefits to its cashback card https://www.businesstimes.com.sg/companies-markets/banking-finance/rbi-turns-upbeat-worst-iran-war-shock-recedes Thu, 13 Aug 2026 07:00:46 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/rbi-turns-upbeat-worst-iran-war-shock-recedes The resilience is a welcome surprise for an economy that had appeared vulnerable to the surge in oil prices triggered by the... https://www.businesstimes.com.sg/companies-markets/banking-finance/switzerland-launches-consultation-stricter-bonus-rules-banks Wed, 12 Aug 2026 13:33:32 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/switzerland-launches-consultation-stricter-bonus-rules-banks The measures will boost financial stability following the 2023 collapse of Credit Suisse https://www.businesstimes.com.sg/companies-markets/banking-finance/dollar-ticks-iran-tension-us-data-focus Wed, 12 Aug 2026 12:07:35 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/dollar-ticks-iran-tension-us-data-focus [LONDON] The dollar ticked higher on Wednesday (Aug 12), underpinned by renewed Gulf tensions, with markets focused on upcoming US economic data... https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-america-launches-us250-billion-initiative-us-tech-energy-infrastructure Wed, 12 Aug 2026 09:33:16 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/bank-america-launches-us250-billion-initiative-us-tech-energy-infrastructure It says this will bolster the country’s economic growth and help create tens of thousands of jobs https://www.businesstimes.com.sg/companies-markets/banking-finance/abn-amro-beats-profit-boosts-key-revenue-source-outlook Wed, 12 Aug 2026 08:56:35 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/abn-amro-beats-profit-boosts-key-revenue-source-outlook It posted net income for the three months through June of 780 million euros (US$900 million) https://www.businesstimes.com.sg/companies-markets/analysts-raise-dbs-targets-high-s81-after-record-q2-net-profit Wed, 12 Aug 2026 08:15:36 +0000 Chloe Lim Companies & Markets Banking & Finance /companies-markets/analysts-raise-dbs-targets-high-s81-after-record-q2-net-profit They cite the bank’s strong non-interest income forecast and wealth activities https://www.businesstimes.com.sg/companies-markets/banking-finance/commonwealth-bank-australias-record-profit-clouded-15-mortgage-application-slump Wed, 12 Aug 2026 06:47:33 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/commonwealth-bank-australias-record-profit-clouded-15-mortgage-application-slump Lender’s full-year cash profit rises 7.1% to record A$10.98 billion; it warns of a slowing economy https://www.businesstimes.com.sg/companies-markets/after-strong-q2-whats-next-singapore-banks-analysts-see-dbs-ocbc-ahead-wealth Wed, 12 Aug 2026 02:00:00 +0000 Tan Nai Lun Companies & Markets Banking & Finance /companies-markets/after-strong-q2-whats-next-singapore-banks-analysts-see-dbs-ocbc-ahead-wealth UOB is overshadowed by weaker fee outlook and asset-quality concerns, but some analysts call it a ‘value play’ https://www.businesstimes.com.sg/companies-markets/banking-finance/swiss-parliament-panel-fails-reach-deal-ubs-capital-rules Tue, 11 Aug 2026 15:34:00 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/swiss-parliament-panel-fails-reach-deal-ubs-capital-rules Some lawmakers want to soften tougher rules drafted by the government after Credit Suisse’s collapse https://www.businesstimes.com.sg/companies-markets/banking-finance/indias-small-traders-lose-us9-6-billion-despite-options-curbs Tue, 11 Aug 2026 13:17:21 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/indias-small-traders-lose-us9-6-billion-despite-options-curbs Nine out of every 10 retail traders lost money trading derivatives https://www.businesstimes.com.sg/international/global/yen-intervention-impact-fades-while-aussie-dollar-holds-steady Tue, 11 Aug 2026 12:47:47 +0000 Global Banking & Finance Companies & Markets International /international/global/yen-intervention-impact-fades-while-aussie-dollar-holds-steady The Japanese currency was last at 159.1 per dollar, slightly stronger on the day https://www.businesstimes.com.sg/companies-markets/banking-veteran-hsieh-fu-hua-appointed-deputy-chairman-and-director-capitaland-investment Tue, 11 Aug 2026 10:27:27 +0000 Tessa Oh Companies & Markets Banking & Finance /companies-markets/banking-veteran-hsieh-fu-hua-appointed-deputy-chairman-and-director-capitaland-investment He previously held leadership roles in SGX, Temasek and UOB https://www.businesstimes.com.sg/companies-markets/banking-finance/indias-banking-regulator-urges-lenders-accelerate-ai-spend Tue, 11 Aug 2026 07:25:56 +0000 Banking & Finance Companies & Markets International /companies-markets/banking-finance/indias-banking-regulator-urges-lenders-accelerate-ai-spend “We have much at stake,” says central bank governor Sanjay Malhotra https://www.businesstimes.com.sg/companies-markets/banking-finance/australia-central-bank-holds-rates-steady-keeps-hike-table Tue, 11 Aug 2026 05:31:27 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/australia-central-bank-holds-rates-steady-keeps-hike-table The RBA says that it would do what is necessary to bring inflation back to its 2% to 3% target band https://www.businesstimes.com.sg/companies-markets/banking-finance/ocbc-opens-app-platinum-palladium-trading-retail-investors Tue, 11 Aug 2026 04:37:40 +0000 Shikhar Gupta Banking & Finance Companies & Markets /companies-markets/banking-finance/ocbc-opens-app-platinum-palladium-trading-retail-investors They can now purchase these metals starting from a minimum of 0.01 ounce https://www.businesstimes.com.sg/companies-markets/banking-finance/citi-ocbc-downgrade-uob-post-q2-results-rhb-upgrades-valuation Tue, 11 Aug 2026 02:51:16 +0000 Shikhar Gupta Banking & Finance Companies & Markets /companies-markets/banking-finance/citi-ocbc-downgrade-uob-post-q2-results-rhb-upgrades-valuation UOB has lowered its fee income guidance, and seen a spike in non-performing assets in the second quarter https://www.businesstimes.com.sg/companies-markets/banking-finance/trump-downplays-talks-warsh-amid-fed-independence-doubts Tue, 11 Aug 2026 00:55:51 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/trump-downplays-talks-warsh-amid-fed-independence-doubts He hinted at his long-running desire to see the Fed lower interest rates