"We will maintain a solid balance sheet with ample capital, liquidity and loss allowance reserves that give us strong buffers to absorb external shocks," DBS CEO Piyush Gupta said in a statement on ... ( read original story ...)
Is Now The Time To Look At Buying Boustead Singapore Limited (SGX:F9D)?
I find that Boustead Singapore’s ratio of 10.02x is trading slightly below its industry peers’ ratio of 11.64x, which means if you buy Boustead Singapore today, you’d be paying a decent price for it. ( read original story ...)
Credit Suisse ‘Dream’ Client Luckin Coffee Becomes Nightmare
Before the accounting scandal and the stock crash and the defaulted loans, Luckin Coffee Ltd.’s billionaire founder Lu Zhengyao was an ideal customer for Credit Suisse Group AG.“I’ve had I don’t know ... ( read original story ...)
Credit Suisse ‘Dream’ Client Becomes Nightmare in Luckin Scandal
Before the accounting scandal and the stock crash and the defaulted loans, Luckin Coffee Ltd.’s billionaire founder Lu Zhengyao was an ideal customer for Credit Suisse Group AG.“I’ve had I don’t know ... ( read original story ...)
Singapore stock watch: Sheng Siong, DBS, UOB, OCBC, SIA, Ascendas Reit, Dairy Farm
The following companies saw new developments that may affect trading of their shares on Wednesday (April 29):. Read more at straitstimes.com. ( read original story ...)
Singapore pilots world’s fastest patent application to grant process
The Intellectual Property Office of Singapore is launching a pilot programme to accelerate grants of patent applications in all technology fields to just six months. ( read original story ...)
The Big Story: Singapore economy may shrink more than 4% this year; figuring out which coronavirus numbers to watch
Catch up with the hottest topics on The Straits Times' weekday talk show. The Big Story, broadcast every weekday at 5.30pm on Facebook and YouTube, has reporters and senior editors discussing the top ... ( read original story ...)
OCBC Bank (O39) Guide: Share Prices, Dividends and Market News
Chinese Banking Corporation (OCBC) stands out with its bold branding and attractive banking products, such as the OCBC 360 savings account, OCBC 365 credit card and the newly launched OCBC 90°N air ... ( read original story ...)
Flipkart infuses $90 million more into marketplace, PhonePe: Report
PhonePe founder and CEO Sameer Nigam recently said the company intended to be profitable by 2022 and file for an IPO a year later. ( read original story ...)
Coronavirus: DBS expects Singapore’s GDP to shrink by 5.7% this year
Singapore's decision to keep a large segment of its economy closed and many of its residents at home for another month will lower economic growth and raise job losses, said analysts.. Read more at ... ( read original story ...)
Singapore Faces Wage Cuts as Businesses Curb Costs, Central Bank Says
Wages in Singapore will take a bigger hit than jobs as businesses try to cut costs in an economy bracing for a sharp contraction, the central bank said. ( read original story ...)
Restrictions in Singapore bring new round of downgrades in growth, employment
Singapore's decision to keep most of its economy closed and people at home for another month will lower economic growth and raise job losses, said analysts. ( read original story ...)
DBS expects Singapore’s GDP to shrink by 5.7% this year
Singapore's decision to keep a large segment of its economy closed and many of its residents at home for another month will lower economic growth and raise job losses, said analysts.. Read more at ... ( read original story ...)
Singapore Banks Earnings
Three key themes had been presented amid Covid-19 conditions studying how US banks had performed in the earnings season thus far. They are namely 1) a surge in forward-looking provision in preparation ... ( read original story ...)
Yeo’s Delivers Nutrition Drinks to Support the Singapore Community
Yeo Hiap Seng Group of Companies (Yeo's) is collaborating with the Ng Teng Fong Charitable Foundation, the family foundation of the majority shareholder, to deliver 75,000 cans of H2O to the Alliance ... ( read original story ...)
PhonePe gets $28 million funding from parent Flipkart
PhonePe recently said that it is working with delivery fleets like Swiggy Genie to meet its offline network stores and deliver goods to customers, during the current situation.Flipkart-owned payments ... ( read original story ...)