Financial Services
Asian currencies to look towards the CNY for further cues
The regional pairs may continue to remain adrift, says OCBC Treasury Research.
Asian currencies to look towards the CNY for further cues
The regional pairs may continue to remain adrift, says OCBC Treasury Research.
USD-SGD expected to bounce around in 1.2550-1.2650 range
The SGD NEER is currently around +0.23% above its perceived parity.
Banks' earnings to take a nosedive in 2H
Blame it on flattish net interest income.
Lending of South Korean banks need improved supervision
Board of Audit and Inspection says some lenders failed to pass on interest rate cuts to customers during the 2008-09 crisis.
Singapore dollar starts week on softer note
Main concern for investors still remain around the debt burden in the eurozone, says IG Markets Singapore.
Chinese Yuan nears equilibrium level
The stabilization of China’s FX reserve suggests less intervention from the central bank, says Yi Gang.
More than 10 Indonesian banks found financially unhealthy
They do not meet the new financial health standards, says BI Governor Nasution.
Thailand's monetary policy to stay 'accommodative'
Inflationary pressures are expected to be moderate this year, says a BOT official.
Rate cuts in the Philippines seen as premature
DBS believes rate cuts in the Philippines may be premature and the central bank will keep the overnight borrowing rate steady at the upcoming...
Singapore dollar starts the week at $1.2597
The local currency has kept up its strengthening against the greenback as traders start the build-up to a key Fed meeting, says IG Markets Singapore...
Singapore banks' profit to slump 18% in 2Q12
The large trading gains in 1Q will unlikely be repeated this time around.
MAS looks into setting of key interest rate benchmarks
The central bank is following suit as Libor scandal triggered interest rate reviews worldwide.
European banks re-leverage in Asia
Asia’s total exposure grew by 4.7% after a 10% decline in 4Q11 with Singapore recording the largest increase.
China's big four up lending pace
This after central government gave the green light for certain investment projects, says OCBC Investment Research.
DBS' bid for Danamon won't be jeopardised by new ownership cap: CIMB
Indonesia's exemption guidelines spell a higher chance of a DBS-Danamon M&A.
More than 20,000 stores and taxis to adopt mobile payments
Singapore still lags behind Philippines and Thailand in m-payments.
Singapore dollar continues ascent against the greenback
The US dollar weakens against risk currencies as traders are prepared to take on more risks, says IG Markets Singapore.