Companies & Markets

Queues to buy gold formed outside the UOB main branch before opening hours.

Gold rush swamps UOB; bank to turn away walk-in bullion buyers, starts appointment-only service

It’s also extending operating hours at its main branch gold counters for physical gold purchases or Gold Savings Account physical conversions 

AT DBS, AI has compressed work that previously took months or even years into a matter of weeks.

DBS says AI push is paying off as it shifts from efficiency tool to growth engine

The time savings from the technology can be redeployed towards business expansion, says chief Tan Su Shan

Supporters of the Bhumjaithai Party ahead of the Feb 8 election in Bangkok. Preliminary results show that the party secured some 192 out of 500 seats, with around 95% of the votes counted. 

‘Better outcome than we had expected’: Thai PM Anutin’s likely election win has analysts upbeat

A Bhumjaithai Party victory could improve political stability as well as boost foreign inflows and the Thai economy

STRAIGHT TO YOUR INBOX

Start and end each day with the latest news stories and analyses.

The bank also plans to “selectively” expand its wealth team in the Chinese mainland, which currently has roughly 200 staff including front and back office positions to cover domestic clients.

UBS to hire 50 HK wealth bankers after record revenue year

The Swiss bank, the largest private bank in Asia, hauled in US$62.5 billion of net new assets during 2025

The Australian government has already imposed tariffs on some other steel products from China, including hot-rolled coil steel, according to the Industry Department.

Australia places tariff on Chinese steel frames, citing dumping

The move risks escalating trade tensions with China

The rebound in FX trading follows reports on Jan 23 that US authorities had conducted so-called “rate checks” in the US dollar-yen market.

Asian banks’ FX desks brace for volatility as yen intervention risks return

Pickup comes despite a high base a year earlier when investors positioned for the return of Trump to the White House

Singtel, StarHub, M1 and Simba Telecom came under attack by a state-sponsored cyber espionage group UNC3886.

Singapore’s four major telcos came under attack by cyber espionage group UNC3886

[SINGAPORE] All four major telcos in Singapore came under attack by a state-sponsored cyber espionage group UNC3886, whose activities to disrupt critical services in Singapore were first made public i...

All four of the country’s major telcos – Singtel, StarHub, M1 and Simba Telecom – were targeted, Singapore’s Minister for Digital Development and Information Josephine Teo revealed on Feb 9.

What is UNC3886, the group that attacked Singapore’s telco infrastructure?

UNC3886’s attempts are known to be persistent, with the intention of intelligence gathering and long-term spying

ByteDance’s TikTok is building a US$38 billion AI-related data centre in Brazil.

China digital exports surge as Alibaba, Tencent lead global push

Beijing has vowed to find ways to help Chinese companies export services