To The Moon

The S&P 500 ended higher on Wednesday(Oct 15), with Morgan Stanley and Bank of America rallying after solid quarterly results, while investors remained focused on the recent increase in China-U.S....

Singapore's shares crashed on Tuesday, falling nearly 2% at the close, after US president Donald Trump refused to rule out the possibility of recession.The Straits Times Index , a key benchmark for the Singapore Exchange, ranged between 3,806.53 and 3,852.08 throughout the day. It ended the session at 3,825.83, down 73.24 points or 1.88% compared to Monday's close.DBS Group, UOB down more than 3%; Sembcorp Industries, OCBC Bank down over 2%; SIA, Keppel down 1.6% each.In company news, shares of

Singapore banks enjoyed a stellar run in their share prices last year.$DBS Group(D05.SI)$ led the pack with a 43.9% surge while $United Overseas Bank(U11.SI)$, or UOB, and $OCBC Ltd(O39.SI)$ came in c

DBS Group appointed TAN Su Shan as the group chief executive officer, effective March 28, according to a filing with the Singapore Exchange on Thursday.Shan currently serves as deputy CEO of the company. She will succeed Piyush Gupta, who will be retiring at the conclusion of the company's 26th annual general meeting on the same day.Shares of the company were up over 1% in recent trading.