DBS surpasses US$100b market cap

The bank’s market cap is over S$129.35b according to data from the SGX. DBS Bank Limited has surpassed US$100b in market capitalisation. The Singaporean bank logged a market cap of over S$129.35b as of 6 June 2025, based on data from...

Singapore secures major AI investments

Asian city state’s targeted strategy has made it a preferred innovation hub for global companies. Singapore has attracted major capital commitments in artificial intelligence (AI) operations from a host of multinationals, as the government’s support and strategy to create an...

Global sovereign outlook downgraded: Fitch

Negative shock of tariffs, policy uncertainty heightens risk to government finances. Amid the ongoing U.S. trade war, the outlook for global sovereigns is weakening, says Fitch Ratings — which downgraded the rating outlook for global sovereigns from “neutral” to “deteriorating”...