OCBC app to offer voice banking

Singapore's Smart Nation push saw a new development with OCBC tapping Apple's Siri virtual assistant to allow businesses to transfer funds just by speaking to their Apple iPhone. This will be possible with next Monday's roll-out of a new feature on its ... ( read original story ...)

The ship is still sinking for Singapore’s shipyard sector

Oil prices and contract wins are not enough. Despite the rise in prices in the Brent crude and recent contract wins, recovery may still be out of reach for the shipyard sector, according to UOB Kay Hian. The firm said the recent rally in Brent crude prices ... ( read original story ...)

Singapore stocks snap two-day fall as lenders recover

Singapore stocks recovered after two sessions of declines on ... United Overseas Bank gained 1.4 percent, Overseas-Chinese Banking Corp gained 0.5 percent and DBS Group Holdings added 0.8 percent each. Shares in the aircraft maintenance company SIA ... ( read original story ...)

Singapore’s MAS May Tighten Policy, Pimco Says

UOB and HSBC expect the monetary authority to keep its policy ... It doesn’t disclose details on the basket, or the band or the pace of appreciation or depreciation. The Singapore currency’s trade-weighted index is approaching its highest level in ... ( read original story ...)

InnoVen Capital appoints Ashish Sharma as CEO for India

InnoVen is a pan-Asian venture debt platform jointly owned by UOB and Temasek, with offices in Mumbai, Singapore and Beijing. As India's oldest and largest venture debt platform, InnoVen has supported and provided more than USD 240 million in capital to ... ( read original story ...)

Godrej Agrovet IPO subscribed 53% on first day

The IPO will close on 6 October ... which at the upper end of the price band will fetch the Singapore state-owned investor about Rs565.8 crore. Temasek invested Rs572 crore in 2012. Post share sale, Temasek will hold 13% in Godrej Agrovet. ( read original story ...)

Oil Co. Moves To Stop Citibank Payouts From $46M Escrow

Law360, London (October 4, 2017, 7:24 PM BST) -- A Kuwait Petroleum Corp. unit has asked a U.K. court to order the London branch of Citibank NA to not pay out ... Ltd. KUFPEC Singapore Holding Ltd. filed a commercial contract claim, seen Wednesday by ... ( read original story ...)

China seen staying the course on monetary policy: survey

Standard Chartered Bank (HK); Richard Jerram, chief economist, Bank of Singapore; Chris Leung, senior economist, group research, DBS Bank (Hong Kong); Kevin Lai, Daiwa Capital Markets; Li-Gang Liu, chief China economist, Citigroup Global Markets Asia ... ( read original story ...)