Noble Group Plunges on Profit Warning as Coupon Payment in Focus

Noble Group Ltd. plummeted in Singapore after the embattled commodity trader warned ... a consultant and former head of global commodity trade finance at HSBC Holdings Plc, commenting before the S&P statement and the share plunge. “They have some debt ... ( read original story ...)

Outlook for Asia’s Worst-Performing Currency Gets Grimmer

“We’ve taken a relatively more negative view of the peso in the last few months,” said Mitul Kotecha, head of Asian foreign-exchange and rates strategy in Singapore at Barclays ... analysts at HSBC Holdings Plc led by Paul Mackel in Hong Kong ... ( read original story ...)

DBS is first bank to introduce QR code payment in taxis here

Jeremy Soo, head of consumer banking group (Singapore), DBS Bank, said, "We are delighted to be providing commuters a simple and fast way to go cashless with ComfortDelGro Taxi." With this development, DBS/POSB is on track to have 60,000 QR code payment ... ( read original story ...)

Singapore Shares May Extend Winning Streak

(RTTNews.com) - The Singapore stock market has closed higher in two straight sessions, advancing more than 25 points or 0.7 percent along the way. The Straits Times Index now rests just above the 3,335-point plateau and it may add to its winnings on Thursday. ( read original story ...)

Bank earnings off to ‘positive start’ in this financial hub

Banking stocks in one of the world's top financial hubs rallied on Thursday after its second-largest lender reported quarterly earnings that handily beat estimates. Singapore's Oversea-Chinese Banking Corp (OCBC), kicking off results season for the city ... ( read original story ...)

OCBC Shares Rise to Record as Profit Beats Estimates, ROE Climbs

OCBC, the first of the three large Singapore banks to report quarterly earnings, saw gains in its wealth management and insurance businesses in the first three months of the year, helped by its $227.5 million acquisition of Barclays Plc’s wealth units in ... ( read original story ...)

Standard Chartered Bank fights to recover Sh500m from Singapore

A bank is fighting to recover Sh540 million it wired to an account in Singapore after the client denied ever giving instructions for the transaction. Standard Chartered Bank landed in trouble after Kenya’s Vivo Energy disowned the order that saw the ... ( read original story ...)