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 …
George Tung, CEO of UOB Hong Kong, is positioning the bank to leverage Hong Kong's role as a cross-border capital hub by strengthening ASEAN connectivity, integrating wholesale and private banking, an…
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…
Blackstone-owned data centre firm AirTrunk secured a US$2.3 billion green loan from 30 lenders for its JHB2 hyperscale data centre in Johor, Malaysia, its largest single-asset financing to date. The l…
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 companies are moving beyond the artificial intelligence experimentation phase and becoming increasingly selective about how they deploy the technology, as rising AI spending pushes them to d…
Enterprise Singapore and UOB launched the F&B AI and Digital Integration Programme on Jul 15 to help food-and-beverage businesses adopt artificial intelligence, offering advisory support from UOB SME …
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…
UOB has deployed over 300 AI and advanced analytics use cases and more than 30 domain-specific chatbots under its Build-Your-Own-Bot platform, emphasizing a disciplined, people-first approach to innov…
UOB and Vietnam-based technology corporation FPT signed a Memorandum of Understanding to explore strategic collaboration in artificial intelligence, digital transformation and financial-services innov…