Philippines, Singapore push open banking system

MANILA, Philippines - The Philippines is set to pursue an agreement with Singapore as part of efforts to open up the banking industry aimed at greater financial integration and economic development among members of the Association of Southeast Asian ... ( read original story ...)

China risk has DBS rethinking mainland exposure

HONG KONG -- Like its peers here, the Hong Kong arm of Singapore's DBS Group Holdings has reaped increasing benefits from its mainland China-related business in the past several years. However, Hong Kong banks' rising reliance on the second largest economy ... ( read original story ...)

Singapore Stock Market Likely Rangebound On Tuesday

(RTTNews.com) - Ahead of Monday's holiday for Eid-ul-Fitr, the Singapore stock market has turned lower again - one session after it had ended the two-day losing streak in which it had surrendered more than 45 points or 1.4 percent. The Straits Times Index ... ( read original story ...)

HSBC launches global social network for businesses

The hub will also give users access to HSBC data and reports. UK businesses that join the hub will be able to connect with organisations in Singapore, Canada, China, Hong Kong, India, Mexico, and the US. More countries will be added in the future. ( read original story ...)

1MDB: What Next for Scandal Bankers?

Sturzenegger, the only Swiss banker thus far to be charged over 1MDB, now faces the daunting task of restoring his reputation in Switzerland, where 1MDB rocked the banking sector nearly as much as in Singapore. The few remaining staff that Falcon maintains ... ( read original story ...)

HSBC bullish on PH growth, neutral on equities market

Among regional emerging markets, HSBC has an “overweight” rating on China, India and Singapore, which means it recommends increasing exposure to these markets relative to the benchmark index. Last year, Philippine corporate earnings had an ... ( read original story ...)

DBS’s Hong Kong bank keeping an eye on its China exposure

HONG KONG -- Like its peers here, the Hong Kong arm of Singapore's DBS Group Holdings has reaped increasing benefits from its mainland China-related business in the past several years. However, Hong Kong banks' rising reliance on the second largest economy ... ( read original story ...)

Ex-Falcon Asia Head Back Home After Jail Sentence in Singapore

Falcon Private Bank was wiped out in Singapore: it paid a S$4.3 million fine before it was shut down for serious lapses in spotting 1MDB money being laundered. Singapore's regulator pinpointed improper conduct by senior management both locally as well as ... ( read original story ...)

Singapore Consumer Stocks Are Hot

Consumer staples have lagged the broader Singapore stock market this year after finishing at the top of the podium in 2016. But a handful of consumer stocks have far outperformed the 9% gain averaged by the sector this year. SGX strategist Geoff Howie ... ( read original story ...)

The highest paying investment banking internships in Singapore

Prepared to be shocked by how much they earn. http://news.efinancialcareers.com/sg-en/286672/singapore-commercial-banking/ Summer interns should, in theory, be focused on one thing as they play at being bankers: nailing down a full-time job offer for the ... ( read original story ...)

UOB inks deals to boost Singapore-China links

It was signed on the back of strong trade and investment flows. UOB signed two Memoranda of Understanding (MOUs) aimed at boosting cross-border opportunities between Singapore and China. The deals include one with Shanghai-based infrastructure construction ... ( read original story ...)

Finance posts dominate highest paying jobs in Singapore

A finance controller takes home up to $15,000 a month. For a costly city like Singapore, every day is a battle of the fittest. For the fourth consecutive row, Singapore remained at the top of the most expensive cities to live in, dominating more than 130 ... ( read original story ...)

Steady Start Predicted For Singapore Stock Market

(RTTNews.com) - The Singapore stock market on Thursday wrote a finish to the two-day losing streak in which it had surrendered more than 45 points or 1.4 percent. The Straits Times Index now rests just above the 3,215-point plateau and it figures to be ... ( read original story ...)

Singapore: An Industry Update

Singapore has long been a global finance, transport, and commerce hub. As the fourth-richest country in the world in terms of GDP per capita, the city-state is well placed to drive innovation and become a truly international hub. Singapore is in ... ( read original story ...)

IPO value slumps in first half of year, set to pick up later

SINGAPORE — Initial public offerings (IPO) on the Singapore Exchange (SGX) slumped by more than three quarters in the first half of the year from the corresponding period last year as companies stayed away despite the stock market rally. However ... ( read original story ...)