Markets

Why high capital levels are a double-edged sword for Singapore banks

Why high capital levels are a double-edged sword for Singapore banks

The banking sector in Singapore has shown signs of expansion, with loan growth rising to approximately 5% in 2024.

Trading in Singapore's mid-cap stocks surges amidst investor confidence

Stocks with market capitalisations between $1b and $3b now boast a combined capitalisation of nearly $75b.

Singapore maintains tariffs on US goods in 2025: report

However, Singapore is vulnerable to a potential 25% US tariff on pharmaceuticals. 

Winking Studios net profit plunges 70.5% in FY2024

However, it saw an 8.9% YoY increase in revenue, reaching $43m (US$31.9m) in FY2024.

OCBC leads regional sustainable finance rankings in 2024

As of September 2024, the bank’s sustainable finance loan commitments reached $64.7b.

SG’s investment sales fall 20% QoQ in Q4 2024

Despite this, the total investment deals in 2024 increased by a substantial 28.7%.

Heeton Holdings expects improved profit after 2023 loss

The company mainly attributes this to better business performance.

Overall business sentiment climbs to 80% in 2024: report

Medium enterprises were the most positive about their business sentiment.

Singapore weighs tax incentives to boost equities market

Further measures are expected in the second half of the year.

PAKT launches climate-controlled wardrobe service in Singapore

It provides premium storage, digital inventory, and white-glove care to protect wardrobes from the city's humid climate.

DBS, OCBC, and UOB’s STI weight rises to 54.3% in 2024

 The three banks drove the STI’s 23.5% total return in 2024 but were outpaced by Yangzijiang Shipbuilding.

H1 2025 sees strong business confidence in most sectors: report

Meanwhile, the F&B and the transportation and storage sectors are less optimistic.

Daily Markets Briefing: STI down 0.06%; Top stock is Singtel

Singtel is the top stock with a 2.89% increase.

Sembcorp, DBS seen exceeding Q4 forecasts: report

Downside risks are anticipated for companies such as Wilmar International, and Singapore Exchange.