Financial Services
Foreign banks seize time deposit share from local banks
Local banks have already retaliated and DBS raised deposit rates.
Foreign banks seize time deposit share from local banks
Local banks have already retaliated and DBS raised deposit rates.
No Asian bank 'clawed back' compensation in 2011, says survey
But globally, 3% of organisations reclaimed the payments but have yet to receive the pay back.
Singapore dollar trades at $1.25
The US dollar had initially weakened but then gained against the local currency.
You won't believe this drove loan growth up by 6.6%
Housing loans thrived amid 46% decrease in home sales.
Chinese banks fail to impress in 2Q12
Quartely earnings results proved lackluster while overdue loan levels became increasingly worrying.
United Overseas Bank appoints James Koh Cher Siang as Director
He was retired from the Civil Service in 2005 after 35 years of service.
Here's why oilfield companies don't bow out on M&A plans
Almost 7 in 10 will make acquisitions in the next 12 months.
Bank lending slowed in July
Total bank lending in Singapore only rose by 1.3% over the month compared to 1.7% in June.
Singapore loses crown as best M&A hub
Only 11 deals were made by buyers from high growth markets.
Greenback edges down against the Singapore dollar
Traders remain defensive as the QE3 outcome is proving difficult to predict, says IG Markets Singapore.
United Overseas Bank appoints Chan Kok Seong as Chief Risk Officer
Mr Chan will succeed Lee Wai Fai who held the position in an acting capacity.
Manulife ramps up ASEAN operations
Manulife has been focusing on strengthening its operations in Asia. Find out what they are doing recently in the ASEAN region specifically in...
Singapore dollar trades at $1.2545
The local currency is virtually unchanged as traders await Bernanke’s speech.
Go west but get the complete picture first
Amid Western Europe’s financial crisis, credit insurers like Atradius protect you against financial risks and help your business grow.
Here's why Singapore properties are still hot amid global lull
Thanks to tenants preferring to own their premises.
Singapore dollar sits at $1.2525
The local currency is virtually unchanged against the US dollar amidst good and bad news.
SGX seals ties with China's Shandong Finance Office
The current list of 17 Shandong-based companies will be lengthened with the MOU.