(RTTNews.com) - The Singapore stock market on Wednesday ended the two-day winning streak in which it had gathered almost 40 points or 1.2 percent. The Straits Times Index now rests just above the 3,400-point plateau although it may find renewed support on ... ( read original story ...)
Singapore Technologies Engineering Ltd’s Stock Is Near A 52-Week Low Now: Is It Actually Cheap?
I will be using the SPDR STI ETF (SGX: ES3) as a proxy for the market; the SPDR STI ETF is an exchange-traded fund that tracks the fundamentals of Singapore’s stock market benchmark, the Straits Times Index (SGX: ^STI). ST Engineering currently has a PB ... ( read original story ...)
Singapore shares open higher on Thursday; STI up 0.5%
which was up 2 per cent, or 25 Singapore cents to S$12.51; and UOB which was up 0.5 per cent or 14 Singapore cents to S$26.38. The Singapore stock market will close early at noon on Thursday for the Lunar New Year holiday. ( read original story ...)
Summit Power to launch Singapore IPO
Summit Power is planning to launch its Singapore IPO next month as it looks to become the first Bangladeshi company to list overseas, according to people with knowledge of the transaction. The subsidiary of Bangladesh's Summit Group plans to start ... ( read original story ...)
OCBC Q4 profit climbs 31% to S$1.03b on growth across all core businesses
SINGAPORE - Oversea-chinese Banking Corporation (OCBC Bank) registered a net profit of S$1.03 billion for the fourth quarter ended Dec 31, 31 per cent higher from its year-ago profit of S$789 million. For the fiscal year 2017, net profit rose 19 per cent ... ( read original story ...)
Stocks to watch: OCBC, UOB, SIA, Comfort DelGro, Marco Polo Marine
SINGAPORE - The following companies saw new developments that may affect trading of their shares on Wednesday (Feb 14): Oversea-Chinese Banking Corporation (OCBC): OCBC Bank registered a net profit of S$1.03 billion for the fourth quarter ended Dec 31 ... ( read original story ...)
Singapore’s OCBC Q4 net profit up 31 pct, cautious on oil and gas sector
SINGAPORE, Feb 14 (Reuters) - Singapore’s Oversea-Chinese Banking Corp Ltd posted a 31 percent rise in quarterly net profit, supported by its wealth management business, and downgraded its exposure to the weak offshore support services sector. The ... ( read original story ...)
Singapore’s OCBC, UOB fourth-quarter profit up, cautious on oil and gas sector
SINGAPORE (Reuters) - Singapore’s Oversea-Chinese Banking Corp Ltd and United Overseas Bank Ltd reported strong quarterly net profit growth on Wednesday, driven by a rise in net interest income, and downgraded their exposure to the weak offshore support ... ( read original story ...)
DBS : and NTU team up to train Singapore’s next generation of wealth management talent
To groom job-ready wealth management talent and cater to growing industry demand for such expertise in Singapore, DBS Bank and Nanyang Technological University, Singapore (NTU Singapore) today announced a partnership to build a sustainable talent pool of ... ( read original story ...)
DBS teams up with Singapore university to launch new course
The bank is partnering with Nanyang Technological University to launch a new wealth management programme. To groom job-ready wealth management talent and cater to growing industry demand for such expertise in Singapore, DBS Bank is partnering with Nanyang ... ( read original story ...)
Singapore Stock Market May Extend Monday’s Gains
(RTTNews) - The Singapore stock market has climbed higher in two of three trading days since the end of the four-day losing streak in which it had surrendered more than 150 points or 4.5 percent. The Straits Times Index now rests just beneath the 3,385 ... ( read original story ...)
2018 CNY Discount Cheatsheet – 20 Reunion Dinner, Snacks & Takeaway Deals
DBS/POSB cardmembers exclusive: $5 return voucher with no minimum ... Not valid for Pen Cai Treasure Pot and all hampers. The Westin Singapore is also offering a 1-for-1 international buffet at Seasonal Tastes, taking your dining experience to a new ... ( read original story ...)
UOB has hired an ex-Citi global head as Singaporean banks flex muscles
UOB has recruited an industry veteran who was once a global department head at Citi. https://news.efinancialcareers.com/sg-en/306349/banks-to-google-singapore-hong-hong/ UOB has taken on a senior IT infrastructure head, who spent more than 10 years at Citi ... ( read original story ...)
Banking veteran believes in speakING up
Ms Low, who is ING Bank's Singapore country manager, is one of the more prominent female banking leaders here. During an hour-long interview at the ING Bank office at Guoco Tower, she spoke passionately about the importance of voicing one's opinions. ( read original story ...)
DBS completes acquisition of ANZ’s wealth management & retail banking business in five markets
... announced that it has successfully completed the acquisition of ANZ’s wealth management and retail banking business in five markets in Singapore, Hong Kong, Mainland China, Taiwan and Indonesia. The latest migration was successfully conducted in ... ( read original story ...)
Rising interest rates to push banking into golden age
Better economic sentiments in the US cause banks' interest rates to slowly rise. The banking sector has experienced a mixed decade. The financial crisis caused severe pain and distress for a wide range of investors. Some institutions went under ... ( read original story ...)