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 ...)
Bank of Singapore Sees Philippines Hiking Rates 2 to 3 Times This Year
Feb.04 -- Richard Jerram, chief economist at Bank of Singapore, discusses his outlook for central banks in Asia and monetary policy in the Philippines. He speaks on "Bloomberg Daybreak: Asia." Bloomberg 1:40 ( read original story ...)
If bonuses are down anywhere at Deutsche Bank in Asia, it will be here
Deutsche Bank may not be paying bonuses until March ... Will Deutsche’s relationship managers in Singapore and Hong Kong secure good bonuses on the back of their strong 2017? Not all of them will, says former Merrill Lynch private banker Rahul Sen ... ( read original story ...)
Gānbēi To HSBC’s 8 Chinese New Year Takeaway & Dining Offers For The Year Of The Dog 2018
but if there’s one thing we Singaporeans can’t get enough of, it’s great food and even greater deals. HSBC is extending some sweet offers to its cardholders which you won’t want to miss out on, whether you’re planning to go big at a banquet or ... ( 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 ...)
Singapore stocks gain along with Asia; United Overseas Bank, DBS top gainers
Singapore shares ended higher on Thursday, in tandem with the gains in Asian equities, supported by industrial stocks. Asian shares rose after last week's sharp losses, despite a flat session on the Wall Street overnight, underpinned by economic growth ... ( read original story ...)
DBS is first Asian bank to launch climate policy—but it’s still funding coal
Southeast Asia’s largest bank DBS last week launched a climate policy — the first bank in the region to do so. Its new policy, published on the same day that Singapore launched its year of climate action, consists of four pledges to tackle climate ... ( 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 ...)
The Singapore Stock Market Today: LY Corporation Limited Makes Its Debut
Hello, everyone. Here are three things about the local stock market that you might be interested in today. 1. The Straits Times Index (SGX: ^STI), ended Wednesday at 3,533.99 points, down 14.75 points or 0.42%. CapitaLand Commercial Trust (SGX: C61U) lost ... ( read original story ...)
Exclusive: OCBC to use deep learning satellite technology in oil financing
Singapore bank OCBC is trialling the use of deep learning satellite technology in a bid to reduce risks in the financing of crude oil. The bank has engaged specialist data analytics firm ImageSat International (ISI) to estimate crude oil levels in tanks ... ( read original story ...)
LY Corp debuts at 28.5 S cents on Catalist, 9.6% higher than IPO price
at 28.5 Singapore cents, a 9.6 per cent gain from its 26 cents initial public offering (IPO) price. As at 9.07am on Wednesday, the counter was trading at 29 Singapore cents apiece. Some 4.89 million shares changed hands. LY Corp is the first to launch an ... ( read original story ...)
Hong Kong vs Singapore: which is your best bet for a banking job in 2018?
As hiring in Singapore and Hong Kong heats up this bonus season, we reveal which city has the most banking jobs across nine key functions. https://news.efinancialcareers.com/sg-en/306704/hiring-asian-banking-chinese-new-year/ If you’re looking for a ... ( read original story ...)
Singapore downgrades hygiene rating of Michelin-star outlet after 43 get food poisoning symptoms
SINGAPORE, Jan 30 (Reuters) - A Michelin-star restaurant in Singapore has been hit with a hygiene downgrade by health authorities after more than three dozen guests at a wedding reception fell ill, having eaten food prepared by its kitchen staff. The 43 ... ( read original story ...)