DBS sees inflation uptick to prompt rate hike

MANILA, Philippines — DBS Bank Ltd of Singapore said the Bangko Sentral ng Pilipinas (BSP) is seen turning hawkish and raising interest rates either in November or December to address overheating risks in the economy. DBS economist Gundy Cahyadi said ... ( read original story ...)

VTB Capital values Russia’s En+ at $9 bln-$12 bln ahead of IPO

The base amount of the deal mentioned by Malkov does not include Singapore's AnAn Group, a strategic partner of China's CEFC, which agreed to purchase global depository receipts (GDRs) during the IPO for $500 million. The IPO will be split between new and ... ( read original story ...)

Explore Stunning Singapore Open Venue Sentosa Golf Club

It’s a busy time for the club with a number of championships, both professional and amateur, in 2018, including the returning SMBC Singapore Open (18-21 January), The HSBC Women’s Champions (1-4 March), The Women’s Amateur Asia Pacific (21-24 ... ( read original story ...)

MOVES-DBS Bank names new chief economist

Oct 6 (Reuters) - Singapore-based DBS Bank, a unit of DBS Group Holdings Ltd, named Taimur Baig as chief economist and managing director for group research, replacing David Carbon, who is retiring. Baig will report to Timothy Wong, managing director and ... ( read original story ...)

Standard Chartered $1.4bn Guernsey transfer investigated

A $1.4bn (£1.1bn) money transfer between the Guernsey and Singapore offices of Standard Chartered is under investigation by financial regulators. The assets were moved in 2015, before the Channel Island adopted new rules on exchanging tax information with ... ( read original story ...)