News

OCBC to suffer the largest fall compared to DBS and UOB

That is in terms of the bank's non-interest income as it is expected to slump 35% to S$548m.

OCBC to suffer the largest fall compared to DBS and UOB

That is in terms of the bank's non-interest income as it is expected to slump 35% to S$548m.

LME-SGX merger to float soon despite denials

A cross-trading collaboration could be an answer to longer-term earnings expansion as net profit in 4QFY12 may slump 15%.

Banks' earnings to take a nosedive in 2H

Blame it on flattish net interest income.

Changi passengers up by 11.6% in 1H

It handled 25M passengers but cargo movements remain anaemic growing by just 0.1%.

US drought to push Singapore inflation up

The second driest weather in 118 years experienced by US in June-July this year spells trouble ahead.

Downstream oil & gas on a downtrend

Recent remarks from the governmentmay hint no more green-field refineries in Singapore, says OCBC.

NOL sinks with 6.6% loss in trading

Investor confidence was described as being on thin ice.

Chart of the Day: Residential segment dominates investment sales

The residential segment contributed 54% of the total transaction value in the second quarter.

Singapore inflation on track for further easing

Inflation will simmer below the raging levels seen in H1 2012 but will still remain above its historical average, says the government.

Inflation hovers above 5% for the 4th month in June

DMG analysts slam hopes that prices could ease off as quickly as possible- learn why.

Unemployment looms in Q3

Only over a third or 34.7% of employers plan to increase headcount, says survey.

Private home site at Dairy Farm set to be snubbed

They'd be so lucky to get at least half of the projected selling price of $1,150 to $1,200 psf.

Last EC site near Punggol MRT to drive strong interest

Up to 10 bidders are expected for this land parcel but winning bid could only range from $310-$320.

9 in 10 companies slam current wage guidelines

33% believe that the format will incur higher wage costs.

Flights in Changi Airport soared by 6.4% in June

But shipment volume declined by 1% yoy.

Industrial production to register a meager 2.6% in June: DBS

But an upside surprise awaits as export sales rose 6.7%.

Raffles Medical Group's S$12.4m profit in Q2 disappoints analysts

PATMI inched up 6.9%, but it's slightly below OCBC's expectations.