United Overseas Bank Ltd (SGX: U11), or UOB, is one of the three major banks based out of Singapore. The bank announced its 2019 first-half earnings update in early August. Here are five positive ... ( read original story ...)
HSBC Singapore names senior real estate lawyer and its global digital head as new directors
SINGAPORE - HSBC Bank (Singapore) has appointed two new directors to its board, Penny Goh and Josh Bottomley, the lender announced on Wednesday (Aug 14). Ms Goh is the co-chairman and senior partner ... ( read original story ...)
Singapore Stock Market Expected To Find Support
(RTTNews) - The Singapore stock market has finished lower in two straight sessions, sliding almost 50 points or 1.6 percent along the way. The Straits Times Index now rests just above the 3,145 ... ( read original story ...)
Singapore banks face rising asset risk, slowing income growth: Moody’s
SINGAPORE - Singapore's three largest banks by assets - DBS, OCBC, and UOB - will face rising asset risk and slowing income growth in 2019 as economic conditions worsen, despite posting record results ... ( read original story ...)
UOB Kay Hian reports 22% drop in 2Q earnings to $15.6 mil on lower trading volume
SINGAPORE (Aug 13): Brokerage house UOB Kay Hian posted 2Q19 earnings of $15.6 million, a 22.4% fall from $20.1 million for the same quarter last year. This was due primarily to lower q-o-q trading ... ( read original story ...)
Singapore: Downbeat growth assessment – Standard Chartered
Analysts at Standard Chartered notes that Singapore’s final Q2 GDP print expanded by 0.1% y/y (-3.3% q/q SAAR), broadly unchanged from the advance print of 0.1% y/y (-3.4% q/q SAAR). “H1-2019 growth ... ( read original story ...)
DBS exec: Hong Kong fund flows to Singapore are “overstated”
Singapore — Because of the ongoing political unrest, are the rich folks of Hong Kong really flocking to Singapore? DBS claims otherwise. In an interview with CNBC, DBS chief executive Piyush Gupta ... ( read original story ...)
5 Important Insights DBS Group’s CEO Told Analysts
In DBS’s latest earnings brief, it was no different, with Mr. Gupta once again delivering useful insights. Here are five key things he told analysts. In response to a question on the impact of ... ( read original story ...)
3 Singapore Blue Chips to Enjoy a Secure Retirement
Singapore’s largest bank, DBS Group Holdings Ltd (SGX: D05), is the first company on my list. On top of our city-state, the bank has operations in Hong Kong, China, Taiwan, India, and Indonesia. Being ... ( read original story ...)
Genting Singapore may shell out $1b in FY2019 capex: analyst
As Genting Singapore undertakes $4.5b revitalisation project of Resort World Sentosa, the company may incur around $800m-$1b in related land acquisition costs, according to DBS Equity Research which ... ( read original story ...)
Illiquid Assets Network LiquidX Announces New Partnership With Asian Bank DBS; Expands Singapore Office
LiquidX, a global network for illiquid assets, announced on Tuesday it has welcomed DBS Bank to its network. According to LiquidX, DBS is a financial services group in Asia that has successfully ... ( read original story ...)
Singtel, DBS and CapitaLand top Singapore Governance and Transparency Index in 2019
Amongst REITs and business trusts, CapitaLand Commercial Trust dethroned CapitaLand Mall Trust. Singtel has retained the top position at the annual Singapore Governance and Transparency Index (SGTI) ... ( read original story ...)
Singapore Economy Going Forward
Read a write up in this week The Edge Singapore titled “A New Growth Formula” as shown below To summarize this article was about Singapore economy is at a crossroads and still relying on the GDP as a ... ( read original story ...)
Singapore can turn its racial and religious diversity into a strength globally: DPM Heng Swee Keat
Mr Heng, who is also Minister of Finance, was speaking to over 60 residents from the South East District at a dialogue in conjunction with the launch of Temasek Foundation's Faithful Footprints ... ( read original story ...)
2 Singapore Shares That Are Potential Privatisation Targets
Singapore has become a hotbed for the privatisation of listed companies. This year alone, there has been an average of two delistings a month. According to a variety of investment analysts and news ... ( read original story ...)
The Weekly Nibble: Singapore Blue-Chip Shares for Your Golden Years
Here are some of the most popular articles that have appeared on The Motley Fool Singapore’s website for the week. 3 Singapore Blue Chips to Enjoy a Secure Retirement Do you want to enjoy your golden ... ( read original story ...)