Financial Services

Japanese life insurers’ credit profile set for improvement

Fitch Ratings says insurers in Japan will continue to reduce risks in investments and benefit from improving underwriting fundamentals.

Japanese life insurers’ credit profile set for improvement

Fitch Ratings says insurers in Japan will continue to reduce risks in investments and benefit from improving underwriting fundamentals.

Singapore dollar back above 1.28 mark; range trading expected before Greek polls

IG Markets Singapore says uncertainly will remain over the Eurozone “as the world nervously awaits” for the outcome of the election.

Singapore dollar remains above $1.28 against the greenback

RBS says risk-oriented currencies staged a comeback after the previous sell-off.

Singapore dollar trades at $1.2846 as traders move back to safe haven currencies

The local currency had held steady sitting below the $1.28 mark up until Monday night.

Are Singapore banks feeling the squeeze of Euro crisis?

Maybe it's not the falling deposits and loans we should be looking at, rather at deteriorating banks' asset quality.

Asia unattractive for insurance firms planning to make new private equity investments

Surprisingly, insurance prefers Europe over Asia despite the former's current financial trouble.

OCBC, DBS, and UOB pamper ultra-rich Singaporeans

Each bank targets Singapore's rising rich with diverse product offerings, but which bank gets the highest revenue contributions from this wealthy...

Offshore wealth in Singapore reaches a whopping US$1trn

You'll never guess which region increased its offshore wealth in Singapore by more than 50% to US$140bn in 2011.

Wow! 17% of Singapore households have wealth of more than US$1m

If you're looking for a millionaire, you know where to go.

Singapore dollar holds steady at $1.2794 against the greenback

The local currency is forecast to drift to $1.30 by the end of 2012.

Cost-cutting halves Singapore bankers' notice periods

Three months of paid notice is now the standard instead of the once luxurious six-month "gardening leave".

Manulife Singapore launches universal life plan for the ultra-rich

Manulife prepares to capture Singapore's growing market of rich Singaporeans as they are expected  to double from 64,000 to 129,000 by 2015.

DBS unveils instant mobile rewards redemption service

DBS Rewards mobile app allows cardmembers to instantly redeem their rewards in over 1,000 outlets in Singapore.

Taiwan's state banks riding on false complacency?

A study conducted by Fitch Ratings reported that the Taiwanese public's strong confidence in their state banks has hindered reforms from being pushed...

Singapore dollar moves to below $1.28 against the US dollar

Upbeat traders reduced their positions in the greenback and yen.

Markets 'lifted' due to G7 conference call; STI set for firmer open

PMI factory output figures showing a rise to 50.4 points in May are also likely to boost trading in Singapore.