OCBC Q2 Profits Dip as Margins Compress, Wealth Management Shines

OCBC’s Q2 net profit fell 7% year-on-year to S$1.82 billion, largely due to sustained net interest margin contraction, even as wealth management delivered a record AUM of S$310 billion. Despite pressures from narrowing margins, OCBC remained steady

DBS Q2 Profit Rises, Dividend Boost — Signals Steady Confidence Amid Volatility

Singapore's largest bank, DBS, posted a 1% increase in Q2 net profit to S$2.82 billion, outperforming expectations. The bank raised both its ordinary dividend by 11% and issued a capital return dividend, highlighting confidence despite margin pressur

Young Investors Dominate Mutual Fund Participation

A recent market analysis shows that nearly half of all mutual fund investors are between the ages of 18 and 30, with a strong preference for equity-oriented funds. This younger demographic is leveraging systematic investment plans to build long-term

Commodity and Forex Markets Show Shifting Positions as Speculative Longs Decline

The latest market positioning data indicates that speculative long positions in commodities have fallen to their lowest level in nearly a year. Traders have been reducing exposure to metals, energy, and agricultural products amid shifting global supp

Gold Prices Hit Record High as Investors Seek Safe Havens

Gold prices have surged to an all-time high amid heightened geopolitical tensions, shifting monetary policies, and persistent inflationary pressures. Central banks worldwide have continued to increase their gold reserves, supporting demand alongside

DBS Maintains Outlook While UOB Lowers Expectations After Mixed Q2 Results

DBS Group reported a 1% rise in second-quarter net profit to S$2.82 billion, exceeding market forecasts. The bank increased its ordinary dividend by 11% and introduced a special capital return, signaling strong shareholder value focus. However, retur

Singapore Exchange Reports Record Profit as IPO Market Rebounds

Singapore Exchange has announced a record annual profit for the latest fiscal year, with net income reaching S$609.5 million, marking the strongest performance in more than two decades. Revenue rose 11.7% year-on-year to S$1.3 billion, driven by high

Stablecoin Licensing in Singapore: Ant International’s Next Big Move

Stablecoins could become a mainstream payment method in Singapore as regulatory clarity improves. Ant International, the fintech arm of Ant Group, has applied for a stablecoin license in Singapore, aiming to integrate digital currency into its Alipay

Singapore Sovereign Wealth Fund GIC Expands in European Infrastructure

GIC’s strategic move into Spain’s broadband sector signals a broader diversification strategy. Singapore’s GIC has announced a significant investment in Spain’s leading broadband operator, acquiring a 25% stake valued at approximately €2.2

Wealth Management in Singapore: Faster Bank Account Setup for High-Net-Worth Clients

Singapore is streamlining processes for ultra-wealthy individuals seeking to establish accounts and family offices. From July 2025, high-net-worth individuals (HNWIs) setting up family offices or private banking accounts in Singapore can expect a fas