Financial Services
Singapore dollar struggles as traders move to safe haven assets
The local currency sits above $1.27 against the US dollar.
Singapore dollar struggles as traders move to safe haven assets
The local currency sits above $1.27 against the US dollar.
Why is the Accountants Act being revised?
The legislation will be amended to improve oversight on audit firms and tighten the requirements on accountant registration.
UOB puts up certificate of deposit programme in Hong Kong
Proceeds from the HK$30b programme will be used for UOB Hong Kong’s general funding needs.
Currencies weaken across the board; eurozone crisis hits new low
The local currency fell above the $1.27 threshold, currently trading at $1.2767 against the US dollar.
Singapore banks emerge fully resilient under stress test
Singapore banks can withstand asset-quality shocks through their earnings alone, a stress test conducted by Fitch Ratings revealed.
Singapore dollar sits at $1.2772; risk-oriented currencies fall steadily against the greenback
The US dollar moved above the $1.27 resistance level against the local currency.
Euro higher against US dollar for the second time in May; Singapore dollar recovers
The local currency is trading at $1.2675 against the US dollar.
Treasury China Trust names Xu Sitao as Director
The Company believed that Mr Xu's appointment will enhance the existing knowledge and skill set of the Board.
Warning: Beware of USD liquidity crunch
Find out from RBS how it will affect the Singapore dollar and other Asian currencies.
G10 currencies and risk sentiment weaken; EUR/USD back above 1.2750
The Singapore dollar is trading at $1.2711 following a four-month low against the US dollar.
Singapore banks in a sweet spot?
Their net interest margins are improving and earnings are expected to rise even more, says DBS.
Net Pacific Financial Holdings appoints Francis Lee Fook Wah as Director
He is also chairman of the Remuneration Committee, and member of the Audit Committee, Risk Management Committee and Nominating Committee.
United Overseas Bank names Lee Wai Fai as Acting Chief Risk Officer
The current Chief Financial Officer & Managing Director will temporarily take hold of the position until appointment of Chief Risk Officer.
Singapore dollar slips further against the greenback; investors exit risk assets
Currency trading saw investors moving to safe havens such as the US dollar and gold.
DBS emerged top bank in 1Q12
OCBC, DBS, and UOB posted results that exceeded expectations in 1Q12, but DBS had the strongest growth, by 17%, in fee income.
Chart of the Day: DBS SGD NEER fluctuates around mid-point of policy band
The band was narrowed to ±2% around its mid-point, and analyst says this should help to mitigate some of the downside risks to the Singapore dollar.
Currency Briefing - what you need to know for Thurs May 17, 2012
The Singapore dollar has so far depreciated by 2.4% against the US dollar this month.
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