OCBC posts a 12% rise in quarterly profit to a record, supported by robust growth in net interest income. (Bloomberg pic) SINGAPORE: Singapore’s Oversea-Chinese Banking Corp Ltd (OCBC) reported a 12% ... ( read original story ...)
UPDATE 2-Singapore’s OCBC posts record Q3 profit on higher net interest income
SINGAPORE, Nov 1 (Reuters) - Singapore’s Oversea-Chinese Banking Corp Ltd reported a 12 percent rise in quarterly profit to a record on Thursday, supported by robust growth in net interest income and ... ( read original story ...)
OCBC reports 12% rise in 3Q18 earnings to record $1.25 bil
SINGAPORE (Nov 1): Oversea-Chinese Banking Corporation (OCBC Bank) reported earnings of $1.25 billion for 3Q18, an increase of 12% from a year ago, driven by a 23% rise in profit from banking operatio... ( read original story ...)
UPDATE 1-Singapore’s OCBC says Q3 profit rises 12 pct to record
SINGAPORE, Nov 1 (Reuters) - Singapore’s Oversea-Chinese Banking Corp Ltd reported a 12 percent rise in quarterly profit to a record on Thursday, supported by robust growth in net interest income. Gro... ( read original story ...)
Six things to know about jobs and layoffs at Standard Chartered in Singapore and Hong Kong
Do you work for Standard Chartered in Asia? Should you feel concerned or content about your future at the firm? That largely depends on which division you’re in. Stan Chart’s third quarter ... ( read original story ...)
HSBC ranks S’pore as best country for expats to live and work in for the fourth straight year
Singapore has topped HSBC’s annual Expat Survey as the best place to live and work for the fourth year running, according to Bloomberg. John Goddard, the head of HSBC expat, was quoted by Bloo ... ( read original story ...)
The Singapore Stock Market Is Rising Now, But You Shouldn’t Be Rejoicing
At the time of writing, the Straits Times Index (SGX: ^STI) is up 20 points, or 0.7%, to 2,986. It could well be heading back towards the psychological level of 3,000. The Singapore stock market may b... ( read original story ...)
Singapore still beats Hong Kong over Asia’s open banking readiness crown
DBS and OCBC are regional pioneers in fintech and innovation. Singapore retained the top spot in Asia's’ open banking readiness index amidst proactive decisions by the city state’s regulators to embra... ( read original story ...)
Renewed Support Predicted For Singapore Bourse
The Singapore stock market headed south again on Tuesday, one session after it had ended the two-day slide in which it had tumbled more than 65 points or 3.2 percent. The Straits Times Index now rests ... ( read original story ...)
UOB asset manager offering customised digital investment portfolios to corporate investors
SINGAPORE - UOB Asset Management (UOBAM) on Tuesday (Oct 30) announced its first-in-market initiative to enable corporate investors to receive customised digital investment portfolios to meet their co... ( read original story ...)
DBS officially launches business-matching programme for startups
Singapore’s multinational bank DBS has officially launched its business-matching programme for startups, called Startup Xchange, in two of its biggest markets, Singapore and Hong Kong. The programme i... ( read original story ...)
Oil prices fall on rising supply, global market woes
SINGAPORE (Reuters ... “A Saudi pledge to produce as much oil as possible, and the stock market rout, have sharply reduced concerns about the Nov. 4 implementation of U.S. sanctions against ... ( read original story ...)
Are Southeast Asia and India already in a bear market?
Year-to-date, Singapore is the second worst performing market in Asia. The worse performing market in Southeast Asia, however, is the Philippines with stock market falling 23.5 per cent from the begin... ( read original story ...)
Oil stable as Asia stock markets rebound, but sentiment cautious on trade concerns
The tight market in Asia is visible in the low amount of unsold crude oil stored on tankers on waters around Singapore and southern Malaysia, the region’s main oil trading and storage hub. Just four s... ( read original story ...)
4 Banks in Asia Pacific That Are Winning Open Banking Adoption
it is no wonder that Finastra named Singapore as the nation that is most ready to embrace open banking in the Asia Pacific region. Singapore ranks at 8.1/10 on the open banking readiness index, runnin... ( read original story ...)
Finastra launches Open Banking Readiness Index in Asia Pacific – the new framework for banks to stay ahead
Research shows that momentum for Open Banking is accelerating in Asia Pacific ... top 146 banks across 14 markets in Asia Pacific -- Singapore, Australia, Hong Kong, New Zealand, mainland China ... ( read original story ...)