Financial Services
DBS changes registered address
Effectively 19 July 2012 DBS’ registered address is at 12 Marina Boulevard.
DBS changes registered address
Effectively 19 July 2012 DBS’ registered address is at 12 Marina Boulevard.
Authorities say Indonesia's new bank ownership rules are not protectionist measures
The new ownership rules, which aim to strengthen corporate governance within the entire banking industry, will be subjected to both local and foreign...
US believes Chinese Yuan remains undervalued
China’s efforts to address the problem, however, were recognized by US Treasury undersecretary Lael Brainard.
SGX Mainboard to reject companies with IPO values below S$150m
IPO shares issued must be at least S$0.50 each.
Rate cut risks up in the Philippines
There are increased risks of a rate cut to reduce the attractiveness of local assets and temper peso strength, says DBS.
Singapore dollar holds onto gains
Against the Singapore dollar the greenback has slipped in the last week from above $1.27 to currently trade at $1.2575.
Internal auditors pressured to upgrade skill set
But 8% of them have no defined competency plan at all.
UOB 'unfazed' by move for local incorporation of foreign banks
The MAS directive allow them up to 25 new outlets.
USD-SGD forecast to see a heavier 1.2550-1.2650 range
The extreme strong end and corresponding weak end of the NEER fluctuation band are estimated at 1.2355 and 1.2865 respectively, says OCBC Bank.
Taiwan central bank fine tunes monetary policy
There is pressure for Taiwan's central bank to ease policy to support economic growth, says DBS.
Singapore dollar rallies against the greenback
The US dollar lost ground to major currencies following Ben Bernanke’s testimony to US Senators.
Singapore dollar edges higher against the greenback
The US dollar currently trades at $1.2629, down from above the $1.27 level last week.
SGD NEER remains fairly stable
Expect the USD-SGD to be a touch heavy within a 1.2600-1.2700 band intra-day, says OCBC.
Singapore dollar trades at $1.2653
The local currency has regained some territory on the US dollar coming off the $1.27 level, says IG Markets Singapore.
Japan cuts lending program by JPY 5trn
The fine tuning of monetary policy should have little impact on the financial markets and the real economy, says DBS.
Philippines' central bank wary of speculative flows
BSP’s tightening of control suggests that it may be worried about the strength of the peso, says DBS.
Singapore dollar slips above $1.27
The local currency lost ground to the US dollar as investors anticipate weak data from China, says IG Markets Singapore.
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