Singapore’s banking authority states DBS outage was ‘unacceptable’

Singapore’s banking authority states DBS outage was ‘unacceptable’


Important Factors
  • The Financial Authority of Singapore claimed the outage was “unacceptable” and the loan company experienced “fallen short of expectations.”
  • The central bank claimed it will obtain the “essential points” just before taking suited action.
  • DBS’ digital services had been disrupted from about 8:30 a.m. Wednesday early morning to 5:45 p.m. End users have been not in a position to accessibility on the web banking providers or make trades via its brokerage.



Resource

Stock trading app eToro pops 40% in Nasdaq debut after pricing IPO above expected range
Finance

Stock trading app eToro pops 40% in Nasdaq debut after pricing IPO above expected range

Key Points Shares of eToro popped in their Nasdaq debut on Wednesday. The stock and crypto trading app raised almost $310 million in its IPO late Tuesday, selling shares above the expected range. IPOs looked poised for a rebound when President Donald Trump returned to office in January, but tariff concerns put the market on […]

Read More
Stocks making the biggest moves premarket: Nvidia, Super Micro, American Eagle Outfitters, UnitedHealth and more
Finance

Stocks making the biggest moves premarket: Nvidia, Super Micro, American Eagle Outfitters, UnitedHealth and more

Check out the companies making headlines before the bell. American Eagle Outfitters — The retailer tumbled 11% in early trading. American Eagle on Tuesday withdrew its 2025 guidance “due to macro uncertainty.” The company, faced with slow sales and steep discounting, also took $75 million in write-offs related to spring and summer merchandise. Super Micro […]

Read More
Stock and crypto trading site eToro prices IPO at  per share ahead of Nasdaq debut
Finance

Stock and crypto trading site eToro prices IPO at $52 per share ahead of Nasdaq debut

Key Points Israel-based stock brokerage platform eToro said it has priced shares at $52 for its IPO, above its expected range of $46 to $50. The retail trading platform filed for an IPO in March, but as tariff uncertainty rattled markets, the company temporarily shelved ITS plans. EToro scrapped a prior effort to go public […]

Read More