It will slow down and the impact will be manageable, says Moody's. Singapore's three largest banks, DBS Bank Ltd., Oversea-Chinese Banking Corp Ltd, and United Overseas Bank Limited, face continued downward pressure on their solvency metrics of asset ... ( read original story ...)
Moody's: Singapore banks will weather through further weakening in asset quality
Moody's Investors Service says that Singapore's three largest banks - DBS Bank Ltd. (DBS, Aa1/Aa1 stable, a1), Oversea-Chinese Banking Corp Ltd (OCBC, Aa1/Aa1 stable, a1) and United Overseas Bank Limited (UOB, Aa1/Aa1 stable, a1) - face continued downward ... ( read original story ...)
Asian private banks target next generation of super-rich
The natural optimism of the seasoned Asian private banker has been hard to dent. It has withstood the implosion of BSI in Singapore, the private banking operation found culpable of anti money laundering failings, and the continuing problem that Asia has ... ( read original story ...)
SBI hits overseas debt market with $500 million five-year bond sale
The money will be raised through its London branch and will be listed on the Singapore Exchange,” two investment banking sources told PTI here today. When contacted State Bank refused to comment citing confidentiality clause as the market moving nature ... ( read original story ...)
Greenpeace calls HSBC out on financing deforestation
Singapore-listed Noble Group, and Korea’s Posco Daewoo Corporation. By financing these companies, HSBC is violating its own policies on responsible lending, said Greenpeace. Annisa Rahmawati, senior forest campaigner, Greenpeace Southeast Asia ... ( read original story ...)
Singapore Market May Test Support At 3,000 Points
(RTTNews.com) - The Singapore stock market headed south again on Monday, one session after it had snapped the two-day slide in which it had surrendered more than a dozen points or 0.4 percent. The Straits Times Index now rests just beneath the 3,015-point ... ( read original story ...)
Singapore December exports jump 9.4 pct y/y, top expectations
SINGAPORE (Reuters) - Singapore's non-oil exports rose more than expected in December from a year earlier as shipments to China jumped, official data showed on Tuesday, Non-oil domestic exports (NODX) last month rose 9.4 percent from a year earlier, the ... ( read original story ...)
Chinese visitors' land arrivals up 93.6% in 2016
"Many of these are operated by Chinese carriers that may conduct non-stop flights or choose to use other cities as opposed to traditional transit hubs such as Hong Kong and Singapore," OCBC noted. It added, "Nonetheless, we believe that the risk of this ... ( read original story ...)
The Best Singapore Short Term Savings for 2017
The OCBC 360 have also change some of the interest on the hurdles ... Lion Global Money Market Fund was started in 1999 and it is one of the more dependable money market funds in Singapore. I have known this unit trust since I was exploring what are ... ( read original story ...)
Singapore leads INSEAD's global talent competitiveness index
It placed second, trailing behind Switzerland. According to INSEAD's 2017 Global Talent Competitiveness Index, Singapore still leads with Switzerland in terms of attracting and retaining talent. The index measures how countries grow, attract and retain ... ( read original story ...)
CITIBANK CLOSED MY ACC EVEN THO I MAINTAINED THE MINIMUM SUM
"Citibank has officially become CITISHIT. When citishit decides to close a banking account, all information of it will cease to exist anywhere on your online banking. No records, no indication of a closure and account simply disappears like magic... Only ... ( read original story ...)
Singapore to prop up Southeast Asia's muted IPO market in 2017
KUALA LUMPUR/SINGAPORE, Jan 16 Singapore is set to be 2017's hottest spot for initial public offerings (IPOs) in tropical Southeast Asia with sales of stakes in business and real estate trusts, while currency volatility and weak investor sentiment curb ... ( read original story ...)
SCB’s DV to focus on investing in start-ups
SCB founded DV in February last year to oversee the bank ... an early-stage venture-capital firm based in Singapore. DV has defined its investment as falling into three stages: pre-series A, or early stage; series A; and series B. Early-stage investment ... ( read original story ...)
Why the Korean Stock Market is Interesting: Samsung Electronics & Corporate Governance
The article Why the Korean Stock Market is Interesting: Samsung Electronics & Corporate ... More From ValuePenguin: Best Credit Cards with Promotion and Bonus 2017 Best Personal Loans in Singapore 2017 Best Travel Insurance 2017 ( read original story ...)
Singapore Bourse May Extend Losing Streak
(RTTNews.com) - The Singapore stock market has moved lower in back-to-back sessions, sliding more than a dozen points or 0.4 percent along the way. The Straits Times Index now rests just above the 2,990-point plateau, and the market figures to open lower ... ( read original story ...)
Is Singapore at risk of becoming a rentier society?
Several tycoons have made it big through the rise of property assets, whether through Far East Organization, CDL and Hong Leong or even OCBC Bank. Several Temasek ... Tommy Koh in this newspaper on the Singapore economy's structural issues resonated ... ( read original story ...)