PRINCIPAL ASEAN40 US

UOB applies for listing of 750 million pounds worth of bonds in Singapore

OCBC's Mezzanine Capital Invests in Green Esteel Pte. Ltd

OCBC and Marriott Announce Strategic Partnership for SME Financing Support

OCBC to Launch WeChat Pay QR Code Payment Function

UOB Prices £750 Million Floating Rate Guaranteed Bonds

UOB Applies for an 850 Million Euro Bond Listing in Singapore

OCBC to launch cross-border QR code payment feature

OCBC and Singapore Bank Hong Kong Branch Donate to Support Tai Po Fire Victims

DBS Foundation and SUSS Collaborate to Expand Recall Project

JPMorgan Predicts DBS Stock to Reach SGD 70

UOB and SMRT Sign MOU to Expand Retail and Mobility Programs

OCBC's stock price rises as Zacks Research upgrades its rating

Pruv Finance Completes $3 Million Pre-A Round Financing and Builds Digital Financial Platform

Lion Global Launches First Physical Gold Fund in Singapore

DBS Hong Kong Launches DBS GlobeSend Cross-border Payment Service

DBS and SMRT Partner to Free Up Operating Capital for Retail Tenants in MRT Stations

DBS Revises Acquisition Proposal for Alliance Bank

OCBC launches in-app calling feature in digital banking app

DBS Australia Branch Applies for SGD Issue of 200M Australian Dollar Bonds Maturing in 2028 in Singapore

OCBC Adds Transfer Function to Eight Main Digital Wallets in Southeast Asia

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DBSDY

Clifford Lee, global head of investment banking at DBS Bank, discusses the rapid shift of European issuers toward Asian markets, and diversification trends.

DBS Group

European issuers diversifying into Asian markets, says DBS Bank

Singapore stocks closed lower with the STI down 0.5% amid mixed regional trading. The iEdge Singapore Next 50 Index rose 0.3%. Key regional indices showed varied performance, with Hang Seng down 1.2% and Nikkei 225 up 0.2%. Venture was the top gainer on STI, while DFI Retail Group was the worst performer. Local banks DBS, OCBC, and UOB ended lower.

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Singapore stocks end lower amid mixed regional trading; STI down 0.5%

OCBC's mezzanine capital unit is investing in Green Esteel to support a $1.5 billion low-carbon steel project in Malaysia. The plant aims to produce hot-briquetted iron, crucial for low-carbon steel, with a capacity of 2.5 million metric tons annually by 2030. This investment aligns with the rising global demand for low-carbon steel, potentially reducing emissions by 80%. OCBC's shares fell 0.7% following the announcement.

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OCBC Bank

OCBC Unit Invests in Singapore Steel Producer to Support $1.5 Billion Project

OCBC Bank, through its mezzanine capital division, is investing in Singapore's Green Esteel to support the construction of the largest low-carbon steel plant in Southeast Asia, with a total investment of USD 1.5 billion. The new plant is planned to be established in Sabah, Malaysia, and is expected to be operational by 2030, producing 2.5 million tons of hot-pressed iron annually, significantly reducing carbon emissions

Zaobao

OCBC Bank invests in Southeast Asia's largest low-carbon steel plant, expected to be operational by 2030 | Lianhe Zaobao

UOVEY

United Overseas Bank Files for Singapore Listing of GBP750 Million Worth of Bonds

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United Overseas Bank (UOB)

United Overseas Bank Files for Singapore Listing of GBP750 Million Worth of Bonds

OCBC says mezzanine capital unit invests in hot briquetted iron plant

OCBC says mezzanine capital unit invests in hot briquetted iron plant

UOB Vice Chairman and President Wong Yizong believes that the predictions of artificial intelligence regarding UOB's future market value are overly conservative and do not take into account the growth in Southeast Asia and geopolitical risks. He stated that UOB will accelerate business growth in Southeast Asia, aiming to increase the revenue share from the Southeast Asian market to 30%. Wong Yizong believes that Southeast Asia is an economic sweet spot with strong appeal

UOB's leader Huang Yizong: UOB's market value to reach 90 billion in 10 years? AI predictions are too conservative | Lianhe Zaobao

DBS Bank predicts that Singapore's economic growth will slow to 1.8% next year, down from 4.0% this year. Tariffs and the technology cycle are the main challenges, but strong performance in modern services and construction will provide a buffer. Global trends such as geopolitical economic fragmentation and climate change will continue to impact Singapore's economy, with trade activity expected to be subdued by 2026

DBS: Singapore is at a critical moment, economic growth is expected to slow down next year but there is a buffer. | Lianhe Zaobao

DBS Group Commences Liquidation Proceedings for Dormant Subsidiary

DBS Group Commences Liquidation Proceedings for Dormant Subsidiary

Malaysia's fiscal situation has improved, leading to a strong ringgit exchange rate, with the Singapore dollar trading at 3.1776 ringgit. Economists predict Malaysia's economic growth in 2026 to be between 3.8% and 5.2%. Nomura Research has raised its economic growth forecast for next year to 5.2%, citing strong domestic demand and investment spending. OCBC Bank, on the other hand, predicts a slowdown in economic growth to 3.8% next year

The ringgit exchange rate is expected to remain strong in 2026, with the Singapore dollar to ringgit reaching 3.1776 | Lianhe Zaobao

OCBC Bank has reached a strategic cooperation with Marriott Intl New to provide greater financing support for 12,000 small and medium-sized enterprise suppliers in Singapore, Malaysia, and Indonesia. Suppliers can obtain same-day financing of up to 80% of the invoice amount without the need to submit bank statements or financial reports. OCBC Bank will assess credit quality based on invoice transaction data on the Marriott procurement platform, and the loan issuance and settlement process will be automated. In addition, suppliers can also apply for sustainability-linked loans, where the loan cost is tied to the company's sustainability performance

Marriott Intl New

OCBC Bank collaborates with Marriott to strengthen financing support for 12,000 suppliers in Singapore, Malaysia, and Indonesia | Lianhe Zaobao

The Straits Times Index fell 0.4% due to US economic slowdown fears, closing at 4,535.14. Major banks DBS and UOB saw declines, while OCBC remained flat. The broader market saw more decliners than gainers, with Tuan Sing rising after redevelopment news and YHI International hitting a 52-week low. CapAllianz was the most active stock.

Tuan Sing

STI slips 0.4% amid fears of US economy slowdown