04/24 BOND REPORT: U.S. 10-year Government Bond Yield Comes Off 3% Level, But Triggers Stock Market Tremors 07:58a EUR/SGD touched a new figure level at 1.62 [05:58 GMT] #forex #fx #finance #E.. 06:52a EUR/SGD touched a yesterday high at 1.61913 [04:52 ... ( read original story ...)
SEBI allows stock exchanges to extend trading timing for derivatives segment
"SEBI permitting trading times in equity derivatives from 9 am to 11.55 is a welcome step and will help controlling the shifting of price discovery of Indian stock to Singapore or Dubai ... which dominates the derivatives market volumes, said the move ... ( read original story ...)
OCBC Drops on Concern Profit Growth Relied on Loan Provisions
OCBC was the last of Singapore’s three major banks to report results. The lenders are benefiting from rising interest income and an improved credit environment, and their growing wealth management operations have provided a new revenue stream. ( read original story ...)
Singapore bank OCBC’s Q1 profit at 3-1/2 year high, tad below estimates
SINGAPORE (Reuters) - Singapore’s Oversea-Chinese Banking Corp Ltd (OCBC) reported a 29 percent rise in quarterly profit, underpinned by strong growth in net interest income and wealth management, but missed market estimates, sending its shares down 3.2 ... ( read original story ...)
POSB trials cashless programme for seniors
She does not have to constantly top up the amount in the free contactless ATM card she received from POSB because it is linked to her bank ... trial by the bank to get senior citizens on board Singapore's cashless drive. They were each given an ATM card ... ( read original story ...)
DBS Group Holdings Ltd’s Profit Soars in 2018’s First Quarter
With banks in Singapore’s stock market among the top gainers over the last two years, there is understandably considerable interest in them when they release their earnings updates. DBS Group Holdings Ltd (SGX: D05) kicked things off last Monday by being ... ( read original story ...)
UPDATE 2-Singapore bank OCBC’s Q1 profit at 3-1/2 yr high, tad below estimates
SINGAPORE, May 7 (Reuters) - Singapore’s Oversea-Chinese Banking Corp Ltd (OCBC) reported a 29 percent rise in quarterly profit, underpinned by strong growth in net interest income and wealth management, but missed market estimates, sending its shares ... ( read original story ...)
UPDATE 1-Singapore bank OCBC’s Q1 profit up 29 pct, tad below estimates
SINGAPORE, May 7 (Reuters) - Singapore’s Oversea-Chinese Banking Corp Ltd (OCBC) posted a 29 percent rise in quarterly profit on Monday, underpinned by strong growth in net interest income and wealth management, but missed market estimates. The results ... ( read original story ...)
OCBC Profit Climbs on Lending Income, Lower Loan Allowances
Net income increased 29 percent from a year earlier to S$1.11 billion ($832 million) in the three months ended March, the Singapore-based bank said Monday. The bad-loan ratio improved from the previous quarter and OCBC’s loan portfolio is “sound ... ( read original story ...)
Cycling: Participants of OCBC Cycle 2018 community rides set for stunning views
SINGAPORE - OCBC Cycle 2018's community rides take place on Sunday (May 6) at the Singapore Sports Hub with participants set to enjoy breathtaking views of the country's skyline. Both The Sportive Ride (40.8km) and The Straits Times Ride (23km), will take ... ( read original story ...)
POSB trials new cashless programme for senior citizens in Yishun
SINGAPORE - These days, Madam Asmah Md Yassin ... She does not have to constantly top-up the amount in the free contactless ATM card she received from POSB because it is linked to her bank account. The Yishun resident is one of 62 in the estate, aged ... ( read original story ...)
UOB posts record profit of US$733mil for first quarter
SINGAPORE: United Overseas Bank (UOB)racked up record-breaking results in the first quarter thanks to a triple treat of higher net interest margins, strong growth in wealth management income and a big drop in bad debt charges. Earnings shot up 21% to a new ... ( read original story ...)
Singapore firms need ‘something special’ to thrive globally, says Finance Minister
SINGAPORE’S Finance Minister Heng Swee Keat pointed out that while country’s growth rate is expected to be lower than in previous decades, that does not mean firms will find opportunities curtailed Unless Singapore firms bring “something special ... ( read original story ...)
The Best Credit Cards in Singapore for Free Airport Lounge Access (2018)
Outside of Singapore, you also get access to Plaza Premium Lounges (smaller network than Priority Pass, found in fewer countries including China, India, Canada, Hong Kong and Malaysia). You do get 4 free passes each year which is twice that of Citibank of DBS. ( read original story ...)
Beware of phishing email claiming to be from POSB
Several Stompers have recently received an email which claimed to be from POSB, informing them that 'Singapore Banks has been under attack by hackers', and to click on the link provided in order to update their account and to keep their money 'safe'. ( read original story ...)
REITs Singapore: An Explainer of ALL the S-REITs in Singapore for Beginners
Singapore REITs should be a key consideration for anyone planning ... REITs allow individuals to own or finance properties the same way they invest in other industries or stocks of companies. In addition, they provide an opportunity to benefit from ... ( read original story ...)