<p>SINGAPORE'S largest bank DBS will focus on bolt-on acquisitions - deals valued at about 5 per cent of its market cap - and shy away from large buys that distract it from "the battleground of the future".</p>
<p>Meanwhile, latest industrial production numbers showed Singapore's factory output growth easing year-on-year again in both the overall electronics cluster and the key semiconductor segment. In September, the electronics cluster registered a 9.6 per cent year-on-year decline, while output from semiconductors fell 13 per cent versus the previous...
<p>THERE is a story that DBS chief Piyush Gupta likes to tell, and it goes like this: in 2012, DBS ATMs in the Bugis area were hit by a card skimming fraud that resulted in about a million bucks in unauthorised withdrawals.</p>
<p>ELECTRONICS manufacturing services firm Venture Corp delivered a 5.5 per cent rise in net profit for the third quarter ended Sept 30, despite the headwinds from the US-China trade war, Brexit and currency volatility.</p>
<p>MAINBOARD-LISTED developer United Industrial Corp (UIC) said on Friday that it could take a year to figure out how to increase income from the consolidated Marina Mandarin hotel and shopping complex, even as third-quarter earnings slipped.</p>
<p>FEWER settlements at the Australia 108 mega project in Melbourne have put a dent in Aspial Corp's third-quarter revenue, even as the leveraged property developer counts on fresh cash from handovers to improve its debt profile.</p>
<p>HRNETGROUP's third-quarter net profit declined 4.9 per cent to S$12 million from S$12.6 million a year ago, the mainboard-listed firm said in a bourse filing on Friday morning.</p>
<p>BEST World International, the mainboard-listed skincare pro-duct company that is being probed by the Singapore Exchange (SGX) over its sales model, on Friday posted a slide in third-quarter earnings that it attributed to the lack of the one-time "other operating income" in the year prior.</p>
The U.S. central bank signalled on Friday it may be getting ready to join international peers in incorporating climate change risk into its assessments of financial stability, and may even take it into account when setting monetary policy.
Facebook Inc. is taking down any content that claims to name the anonymous whistleblower who ignited an impeachment inquiry into U.S. President Donald Trump, the social network said on Friday.
