Frasers Property's subsidiary Frasers Property Treasury proposed issuing S$150 million of fixed rate notes under its S$5 billion multicurrency debt issuance programme, with interest fixed at 3.5% per …
DayOne Data Centers is seeking a HK$1.86 billion (US$237 million) five-year loan from a consortium of Asian banks including DBS, OCBC, and UOB to refinance and expand its Hong Kong data centre, accord…
Singapore stocks ended lower on Wednesday (Aug 19), with the Straits Times Index (STI) losing 0.1 per cent or 7.16 points to finish at 5,694.24. UOL Group led gainers, rising 2.7 per cent to S$9.44, w…
Global digital infrastructure platform DayOne has secured a S$530 million four-year green loan from DBS, OCBC, and UOB to finance its first data centre in Singapore, which will be the country's first …
Singapore's Purchasing Managers' Index (PMI) edged up 0.1 point to 51.4 in July, marking 12 straight months of expansion, according to data from the Singapore Institute of Purchasing and Materials Man…
OCBC will use an agentic AI platform called Helios to cut wealth client onboarding time to 15 business days, down from the current industry median of about six weeks. The platform, built by the bank's…
The Monetary Authority of Singapore directed banks to report cryptoasset exposures and engage on prudential treatment before a full Basel-aligned framework takes effect on January 1, 2027, and propose…
The sustainability of the artificial intelligence investment boom has become a key risk to global growth and financial stability, said Chia Der Jiun, managing director of the Monetary Authority of Sin…
Banks in Singapore, including DBS, OCBC and UOB, are deploying agentic AI systems that can autonomously plan and execute complex tasks across wealth advisory, client onboarding, KYC, compliance and op…
Singapore stocks fell on Monday, with the Straits Times Index (STI) down 0.2% to 5,498.95, amid a tech rout in Asian markets triggered by the launch of Chinese startup Moonshot AI's Kimi 3.0 model, wh…
Singapore's non-oil domestic exports rose 20.7% year on year in June, moderating from May's 38.4% increase and missing economists' median forecast of 28.7%, as AI-driven electronics demand kept export…
OCBC plans to raise annual technology spending to more than $771mn, as new CEO Tan Teck Long doubles down on AI and digital banking. The increase, one of Tan's first strategic signals since taking ove…