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Tag: Straits Times Index

Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike

Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike

July 27, 2023July 29, 2023 · Banking

Singapore’s United Overseas Bank is expecting “some upside” in interest income in the next quarter, after the U.S. Federal Reserve announced a fresh rate hike overnight. UOB’s core…

Read more Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike
Singapore names Deputy Prime Minister Lawrence Wong as chairman of the central bank

Singapore names Deputy Prime Minister Lawrence Wong as chairman of the central bank

July 2, 2023July 2, 2023 · World News

Lawrence Wong, Singapore’s finance minister and deputy prime minister in Sept, 2021. Bloomberg | Bloomberg | Getty Images The Monetary Authority of Singapore, the city-state’s financial regulator and…

Read more Singapore names Deputy Prime Minister Lawrence Wong as chairman of the central bank
Singapore’s banking authority says DBS outage was ‘unacceptable’

Singapore’s banking authority says DBS outage was ‘unacceptable’

March 29, 2023March 29, 2023 · Banking

A DBS Group Holdings Ltd. logo atop an automated teller machine (ATM) at a bank branch in Singapore, on Wednesday, Feb. 17, 2021. Lauryn Ishak | Bloomberg |…

Read more Singapore’s banking authority says DBS outage was ‘unacceptable’
Singapore posts worst non-oil domestic exports in a decade

Singapore posts worst non-oil domestic exports in a decade

February 16, 2023February 16, 2023 · Business

“Singapore’s external sector had another very tough month in January, and we doubt this marks the bottom,” an economist said. Picture Alliance | Picture Alliance | Getty Images…

Read more Singapore posts worst non-oil domestic exports in a decade
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