Financial Services
Competition heats up between local and foreign banks for SGD deposits
DBS and UOB saw declining deposits in 2Q as foreign banks lure depositors with more attractive rates.
Competition heats up between local and foreign banks for SGD deposits
DBS and UOB saw declining deposits in 2Q as foreign banks lure depositors with more attractive rates.
Traders await effects of QE3
The local currency remains stuck in a tight trading channel as the big catalysts expected in Q3 have all occurred, says IG Markets Singapore.
SGX Appoints Timothy Utama as Chief Operations and Technology Officer
Mr Utama will take over starting 1 December.
Singapore Reinsurance names Mervyn Low Cheng Chwee as General Manager
He will be in charge of the underwriting of treaty and facultative business.
Singapore dollar trades at $1.2236
The local currency remains in a tight channel against the strengthening US dollar.
ICPAS appoints Lee Fook Chiew as CEO
Mr Lee was former Executive Vice President of Wah Hin & Co.
Here's the real score in Eurozone crisis' impact on Singapore banks
DBS, OCBC and UOB will be barely hurt.
OUE refutes reports on Mandarin Orchard Singapore, Mandarin Gallery sale
No decision was made on the sale of the two properties.
Singapore dollar trades at $1.2240
Post-QE3 currencies have seen subdued trade with the notable exception of the USD/JPY.
OCBC most resilient among banks, says analyst
The lender was described as the toughest with excellent asset quality and high liquidity.
Singapore dollar virtually unchanged at $1.2256
The greenback is said to be under a lot of pressure after the QE3 announcement which saw it lose ground against all major currencies.
Singapore dollar trades at $1.2244
The local currency could face pressure amidst poor export numbers.
Resilient Singapore banks will falter in second half: Fitch
Signs point to an earnings and asset quality meltdown well into 2013.
Singapore dollar benefits from weak greenback
The local currency hit a one-year high against the US dollar and trades at $1.2215.
US dollar slips further against the local currency
Fed Chairman Ben Bernanke has delivered QE3, half a month after signaling intentions to do so.
Manulife Income Series–Singapore Fund hits S$30m mark
It is the first fund for an investment-linked plan to provide a monthly income.
Singapore dollar hits new one-year high
The local currency has been gaining ground on the USD in the lead-up to Fed’s open market committee meeting.
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