Singapore’s top banks set for better profits as provisions dip

The worst may be over for Singapore's three biggest banks. A stronger economy, higher interest rates and rising wealth is expected to boost income at DBS Group Holdings, Oversea-Chinese Banking Corp and United Overseas Bank. After several quarters hit by ... ( read original story ...)

Singapore, the next Fintech regional hub

These advancements in technology did not happen overnight. Singapore’s big bank players are supporting the push for fintech. They are open to collaborations and partnerships with fintech firms. The financial services sector knows that fintech will be a ... ( read original story ...)

Singapore Bourse May Take Further Damage On Monday

Yangzijiang Shipbuilding tumbled 2.48 percent, CapitaLand skidded 2.11 percent, Genting Singapore dropped 1.48 percent, United Overseas Bank shed1.18 percent, Oversea-Chinese Banking Corporation lost 1.18 percent, SingTel fell 0.85 percent, Comfort DelGro ... ( read original story ...)

Singapore Bourse May Head South Again On Friday

(RTTNews.com) - The Singapore stock market on Thursday snapped the two-day losing streak in which it had retreated almost 45 points or 1.3 percent. The Straits Times Index now rests just above the 3,545-point plateau although it may turn lower again on Friday. ( read original story ...)

Singapore Shares Poised To Halt Losing Streak

The Singapore stock market has moved lower in two straight sessions, retreating almost 45 points or 1.3 percent along the way. The Straits Times Index now rests just beneath the 3,535-point plateau although it may find traction on Thursday. The global ... ( read original story ...)

Bank lending ends flat in December

Bank lending in Singapore closed last year on a flat note, reflecting the contraction in lending in key business segments that included finance, construction and trade. Loans through the domestic banking unit - which captures lending in all currencies ... ( read original story ...)