London-headquartered Standard Chartered currently has a presence in 57 markets. Although listed on the London and Hong Kong Stock Exchange, the bank has no branches in the U.K, and derives 90% of its ...
Standard Chartered’s third-quarter pre-tax profit falls by half to US$633 million on mounting bad loan provisions to China’s property sector
Standard Chartered reported worse-than-expected earnings for the third quarter because of high impairment charges related to exposure to China’s property sector.
OCBC customers to receive e-mails and push notifications instead of SMS for banking activities
In a push notification sent to OCBC customers on Thursday, the bank said they will no longer send SMS messages as the default method to inform customers about banking activities such as payments and ...
Singapore: Industrial Production improves in September – UOB
EUR/USD continues to trade in its tight daily range slightly below 1.0550 on Friday. The data from the US showed that the annual Core PCE inflation declined to 3.7% in September as expected, limiting ...
Jail, caning for cleaner in Singapore who stalked undergrad, rained blows on her face and raped her
After stalking a university student as she walked to a bus stop late at night, Chinnaiah Karthik pointed her in the wrong direction then punched ...
How Singapore got so good at SME banking
UOB, DBS and OCBC – have won Euromoney awards for best SME bank in Asia each year since 2016, two of them taking the global award as well. Why?
New ‘Singapore dream’ is more than just ‘material success’, No 2 leader Lawrence Wong says
Forward Singapore' feedback gathering exercise found Singaporeans were concerned about 'fulfilment, meaning, purpose', amid rising costs of living The report also featured what's seen as a tenet of ...
Singapore shares decline despite regional rally, STI falls 0.3%
At the bottom of the table was Singapore Airlines, which shed 2.4 per cent, or $0.15, to $6.06. The trio of local banks was in the red on Friday. UOB shed 0.9 per cent, or $0.25, to $27.03, while OCBC ...
The Singapore Dream no longer the ‘5Cs’ but leading purposeful lives, says DPM Wong
SINGAPORE: The "Singapore Dream" is no longer solely about material success – it now encompasses fulfilment, meaning and purpose in people’s lives, said Deputy Prime Minister Lawrence Wong on Friday ...
Opportune time to accumulate high-quality Singapore blue chips: OCBC
As such, she believes that the current weakness is an opportune time to accumulate high-quality Singapore blue chips for investors with a long-term investment timeframe. These investors can enjoy a ...
AI already makes 4 million decisions at OCBC each day, as the bank adds ChatGPT to the mix
Starting this November OCBC will be rolling out a dedicated ChatGPT-powered client to all 30,000 of its employees worldwide, following a successful six month trial on a group of 1,000, which concluded ...
UOB cards score big with early access to Taylor Swift, Ed Sheeran concert tickets
SINGAPORE – Taylor Swift’s tie-up with the third-largest bank in Singapore propelled the lender’s credit card fees to a record in the third quarter, the latest example of the American pop star’s ...
Singapore bags ‘Best Startup Business Environment in Asia’ title
Globally, Singapore ranks fourth behind the United States, Australia, and the United Kingdom. Singapore ascended 43 spots this year. The metrics for the total scoring include quality, quantity, and ...
China slowdown drives economy-class bookings up; business-class travel rises in Singapore
AS CHINA’S economic conditions slowed this year, so did the country’s demand for more premium classes of air travel when compared to 2019, said FCM, the flagship corporate travel arm of ...
Be Wary Of Singapore Shipping (SGX:S19) And Its Returns On Capital
What underlying fundamental trends can indicate that a company might be in decline? A business that's potentially ...
Singapore Producer Prices Continue To Fall In September
Singapore's producer prices decreased for the eighth straight month in September amid a decline in the non-oil index, data from the ...