Singapore shares edge lower; DBS, OCBC fall

Singapore stocks fell on Wednesday, dragged lower by lenders such as OCBC, but easing geopolitical tensions over North Korea's missile programme capped any huge losses. Asian shares hit a 10-year peak with investors breathing a sigh of relief as North ... ( read original story ...)

CDL wins inaugural Singapore Sustainability Reporting Awards

11 Tampines Concourse is the first CarbonNeutral development in Asia Pacific and Singapore. (Photo: CDL) City Developments Limited (CDL) has received the ‘Best Sustainability Report for Established Reporters (Mainboard and Catalist)’ at the inaugural ... ( read original story ...)

A Lowball Singapore Takeover

It wouldn't be the first time that the Singapore bank has faced accusations of offloading pieces of Lee's legacy for less than their value. In 2012, OCBC and a subsidiary sold its stake in Fraser & Neave Ltd., setting off an intense battle for the ... ( read original story ...)

A UOB director has joined this expanding bank in Singapore

A senior Singapore trader has called it a day at UOB after nine years. http://news.efinancialcareers.com/sg-en/294652/uob-hire-google-apple/ Senior UOB interest rates trader Lawrence Lee has joined Taiwan’s CTBC Bank in Singapore as a director. ( read original story ...)

Peso to weaken next year – DBS

MANILA, Philippines — DBS Bank Ltd. of Singapore sees the peso weakening further to a range of 52.50 to 53.30 to $1 next year as the Philippines is set to book its first current account (CA) deficit in 15 years this year. In its Economics Markets ... ( read original story ...)

UOB, HSBC lock horns with DBS on a mortgage fight in Singapore

Singapore's biggest banks have commenced competition in the area of mortgage loans, sparked by the offering of lower interest rate for a longer duration to attract a slew of home buyers who are starting to gain interest again in the residential market. ( read original story ...)

Singapore Stock Market Draws Flat Lead For Monday

(RTTNews.com) - The Singapore stock market on Friday ended the two-day slide in which it had given away almost 25 points or 0.7 percent. The Straits Times Index remains just beneath the 3,230-point plateau, and it's likely to remain rangebound again on Monday. ( read original story ...)