Financial Services
Singapore dollar loses ground to the greenback
The local currency was not helped by weak manufacturing data.
Singapore dollar loses ground to the greenback
The local currency was not helped by weak manufacturing data.
Singapore dollar trades at $1.2287
Asian currencies are being uplifted by hopes that central bank liquidity will find its way in local markets.
WBL appoints Kyle Lee Khai Fatt as Chairman of the Audit Committee
Mr Kyle Lee Khai Fatt will take over immediately.
Beware: this graph suggests deteriorating Singapore banks' asset quality
Something is rotten in the reported bank system's loan growth of 7% in August.
HSBC names Tom Grimmer as Head of Communications for Asia
Mr Grimmer held several senior communications positions with investment banks in Hong Kong and China.
Risk currencies make advances in US trade
The Singapore dollar was no exception, says IG Markets Singapore.
Check out why Singapore's bond issuance hits record high
Bond offerings rose a whopping 116.4%.
Singapore's overseas acquisitions in Indonesia reaches a record high of US$9.4b
This is because of DBS' acquisition of Bank Danamon that reached US$7.4b.
Temasek unveils sale of 400m shares in SingTel
SingTel still remains the largest company in Temasek's portfolio.
Singapore dollar losing ground
The local currency trades at $1.2299, edging closer to the $1.23 threshold.
Singapore banks still averse to funding diversification: Fitch
DBS, OCBC and UOB will continue to accumulate customer deposits aggressively.
Manulife Singapore unveils interactive branding campaign
It aims to further push its current 71% brand awareness.
Singapore continues trading in tight band
The MAS meanwhile may slow the appreciation of the local currency to help the country’s exporters.
Analysts worry over OCBC's volatile non-interest income
OCBC's earnings will suffer significantly if bad debts head higher.
DBS' newest strategic alliance revealed
DBS will now work with Export Import Bank of Korea in infrastructure and project financing.
Standard Chartered to slowly 'chip away' at DBS' advantage
DBS remains the 'king of savings deposits,' says CIMB.
UOB faces the most deposit pressure, warns analyst
Blame it on UOB's high dependence on time deposit funding.
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