Yantoultra Ngui

The Singapore banking sector's overall exposure to the Adani Group, the Indian conglomerate embroiled in bribery and fraud allegations by U.S. authorities, is small, the Monetary Authority of Singapore said on Monday.

Morgan Stanley said it opened its new Southeast Asia headquarters in Singapore's swanky downtown business district this week.

Singapore's biggest lender DBS Group Holdings Ltd is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its Southeast Asian neighbour, including in one of Malaysia's smallest banks by assets, two sources said.

Singapore's second- and third-biggest banks, among Southeast Asia's largest by assets, forecast on Friday an improving loan growth environment in 2025, after posting strong sets of third-quarter net profits that beat market expectations.

Singapore's United Overseas Bank, or UOB , posted a faster-than-expected rise in third quarter net profit to a record, helped by brisk trading and investment, and flagged a pick-up in loans growth next year.

Malaysia's central bank, Bank Negara Malaysia (BNM), is closely monitoring the U.S presidential election and was prepared to manage market volatility and ensure orderly market conditions, it told Reuters late on Tuesday.

Singapore's top bank DBS sees an upside to its 2025 profit when Donald Trump takes office as U.S. president next year, as his policies could spell fewer interest rate cuts by the Federal Reserve that translate into higher net interest margin, a key profitability gauge.

OMS Group, a KKR-backed Malaysian subsea digital infrastructure company, said on Monday it has signed a contract with Dutch maritime firm Royal IHC for the construction of a series of cable-laying vessels.

Singapore's GIC and Australia's Macquarie are looking at selling their stake of roughly 30% in Philippine renewable energy firm Energy Development Corp (EDC), a deal that could fetch $2 billion, two sources with knowledge of the matter said.

Japanese insurer Tokio Marine has paused the sale of its $1 billion Southeast Asia life insurance business, partly due to a dispute with a Malaysian partner over an expiring products distribution agreement, four sources with knowledge of the matter said.