14+ hour, 24+ min ago   (130+ words) DBS takes second place ahead of HDFC Bank and China Merchants Bank. Singapore’s OCBC ranked first amongst Tier 1 global banks in Forbes’ inaugural World’s Top Performing Banks 2026 list. DBS placed second in the same category, putting the two Singapore-headquartered lenders…...

15+ hour, 21+ min ago   (197+ words) NTK weighs legal options after ruling on case linked to Fortis tender offer delays. Northern TK Venture Pte Ltd (NTK), an indirect wholly owned subsidiary of IHH Healthcare, had all its claims against Daiichi Sankyo Co. Ltd. dismissed by the…...

4+ day, 16+ hour ago   (159+ words) DBS said that it sees no provisions needed at this point in time. DBS said that it “categorically rejects” an estimated $1.03b (S$1.298b) claim related to the 1Malaysia Development Board (1MDB). “DBS has consulted its legal advisers, and categorically rejects and will vigorously…...

5+ day, 15+ hour ago   (128+ words) Three-year bond carries a 2.1% coupon, with proceeds partly used to refinance debt. Mapletree Logistics Trust (MLT) has priced its inaugural offshore renminbi bond issuance at $94.2m (CNY500m) under its $3b Euro Medium Term Securities Programme. The net proceeds will be used for general…...

6+ day, 13+ hour ago   (129+ words) However, wealth management growth may ease in H2. Singapore’s financial sector is expected to post stronger earnings in 2026, supported by capital inflows into banks’ wealth management businesses, according to CGS International. The brokerage raised its 2026 earnings forecast for the sector by…...

6+ day, 13+ hour ago   (232+ words) The operations include beauty and fragrance brands in Greater China and Japan. Thakral Corporation has submitted a pre-clearance application to spin off selected segments of its lifestyle business into a separate company and list the entity on the Mainboard of…...

6+ day, 14+ hour ago   (268+ words) The proposed licence covers ambient-temperature transport of biological materials. AcroMeta Group has entered into a non-binding term sheet with Macro HRD for an option to acquire an exclusive licence to deploy ambient-temperature cellular logistics (ATCLS) technology across agreed Southeast Asian…...

6+ day, 20+ hour ago   (163+ words) Sharpa raised $669.7m as dealmaking cooled. Tech companies raised about $864m in equity funding in August 2026, sinking 81.36% from $4.63b in July, according to Tracxn. Despite the monthly decline, the figure also represented a 693.8% surge from $109m in August 2025. The 12-month data showed relatively slow…...

1+ week, 15+ hour ago   (282+ words) The government will continue to leave individual investment decisions to Temasek and its portfolio companies, including Singapore Airlines (SIA), as debate grows over the carrier’s exposure to Air India. In a media doorstop on 5 September, Senior Minister K Shanmugam said…...

1+ week, 13+ hour ago   (426+ words) The deal could give the company up to a 76.8% stake in the enlarged entity. Marco Polo Marine is set to retain control of its shipyard business through a reverse takeover valued at up to $139m, funded entirely through the issue of…...