Singapore stocks recover as lenders advance; Weak Asia weighs

Singapore stocks recouped most of their losses to end higher ... rising 0.4 percent, United Overseas Bank advancing 1 percent while Oversea-Chinese Banking Corp gaining 0.4 percent. Among the laggards, food catering firm Neo Group said it entered into ... ( read original story ...)

Singapore August industrial output seen rising 14.2% y/y

SINGAPORE: Singapore’s factories likely remained on a roll ... “It will still be largely driven by electronics,” said ANZ bank economist Weiwen Ng, adding that the outlook for the electronics sector looks bright thanks to “digitisation of processes ... ( read original story ...)

Low Inflation Shows Bank Indonesia Is Coordinating on Policy

In a speech in Singapore on Thursday, the governor said Indonesia was in an “era of structurally low and stable inflation.” The adoption of a transparent inflation targeting plan and “strong coordination between Bank Indonesia and the government in ... ( read original story ...)

OCBC’s presence a symbol of enduring Sino-Singapore ties: Heng

A reconstructed OCBC building in Xiamen yesterday was held up as a symbol of the longstanding ties between Singapore and China by Singapore's Minister for Finance Heng Swee Keat. Noting that the bank has a long history in China - having opened its doors ... ( read original story ...)

The Week Ahead: DBS Group, UOB and OCBC Eyed

So it raises the question as to why the interest rate is still stick at 0%. Inflation will also be on the agenda in Singapore. The headline inflation rate in the Garden City was 0.6% in August. It is expected to rise to 0.9% this time. The core inflation ... ( read original story ...)