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DBS Bank
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- 1Chinese firm linked to Russian Gerbera drone components●The Insider has analyzed a Xingkai Tech mesh modem, mounted on the Russian "Gerbera" drone, and has obtained evidence th
The Insider reports it analyzed a Xingkai Tech mesh modem recovered from a Russian Gerbera drone and obtained evidence that the Chinese company knowingly supplies the modems to a firm in Alabuga, Russia. Several banks, including DBS Bank, China Merchants Bank and Ping An Bank, are said to facilitate the payments. The findings point to continued Chinese components reaching Russian drone production despite sanctions pressures.
- 2
Investors in Singapore are closely watching DBS shares after a rough week for local bank stocks. The Straits Times Index fell 4.1% as banks slid, and DBS is now seen testing key resistance levels after recent gains. Analysts and retail investors are debating whether DBS is worth buying around S$78, with commentary from financial sites like Dr Wealth, Beansprout and Moomoo driving discussion.
- 3
The Singapore Exchange is cutting board lots to 10 shares for DBS, OCBC and UOB stocks, deepening its push to make blue-chip shares more accessible to retail investors. The move comes alongside other SGX initiatives, including a new futures trading window aimed at European traders and a Youth Stock Ambassadors Programme launched with SAS and SIAS. Separately, Maybank downgraded supermarket operator Sheng Siong to 'hold' with a lower target price.
- 4
DBS is being discussed for its approach to becoming an AI-enabled bank, with coverage highlighting how the Singapore lender combines artificial intelligence with a customer-focused, human approach. The Straits Times examines how the bank is shaping its operations and services around AI across Asia. Tan Su Shan, DBS's chief executive, is associated with this strategy, though the specifics of her remarks or any financing details remain unclear from current coverage.
- 5
DBS chief executive Tan Su Shan cautioned that markets face repricing risks tied to the financing of artificial intelligence, warning that valuations around AI-related debt and investments may not hold if conditions shift. The comments come as banks and investors worldwide reassess their exposure to AI funding amid growing debate over whether the sector is overheating.
- 6DBS CEO Says Market Is Repricing AI Financing Risks●DBS CEO Tan Says Market Is Repricing Risks on AI Financing
Tan Su Shan, chief executive of Singapore's DBS Bank, said financial markets are currently repricing the risks tied to financing artificial intelligence. Her comments touch on the debate over whether heavy AI-related spending is justified and how exposure to the sector should be valued. The remarks come as investors and bankers reassess credit and valuation risks around large AI infrastructure deals.