Adelaide 36ers trounce Singapore Slingers in Merlion Cup

Adelaide 36ers have trounced the Singapore Slingers in a 43-point 95-52 rout in the Merlion Cup at OCBC Arena. After an impressive win over Chinese Taipei's Yulon, which saw seven players score in double figures on Thursday night, the 36ers continued their ... ( read original story ...)

Three things that could drive Singapore banks’ higher ROEs

Analysts see earnings visibility ahead for Singapore banks. OCBC and UOB’s performance improved whilst DBS posted in the first half of 2017. However, analysts at Maybank Kim Eng forecast that Singapore banks' ROEs will either remain at current levels or ... ( read original story ...)

It’s official: Singapore unicorn Sea files for IPO on NYSE

Singapore unicorn Sea, formerly Garena, announced on Friday that it has filed a registration statement for a proposed IPO on the New York Stock Exchange. Goldman Sachs, Morgan Stanley, and Credit Suisse will be the bookrunners for the IPO. The number of ... ( read original story ...)

Losing Streak May Continue For Singapore Shares

(RTTNews.com) - The Singapore stock market has finished lower in three straight sessions, tumbling almost 30 points or 0.9 percent along the way. The Straits Times Index now rests just beneath the 3,215-point plateau and it may extend its losses on Friday. ( read original story ...)

The way forward is digital, says UOB’s Wee

UOB also recently became the first Singapore bank to receive an in-principle forign-owned subsidiary bank licence in Vietnam. While the economy in the 20th century was driven by goods and services, the 21st century is being driven by digital technology and ... ( read original story ...)

OCBC’s presence a symbol of enduring Sino-Singapore ties: Heng

A reconstructed OCBC building in Xiamen yesterday was held up as a symbol of the longstanding ties between Singapore and China by Singapore's Minister for Finance Heng Swee Keat. Noting that the bank has a long history in China - having opened its doors ... ( read original story ...)

The Week Ahead: DBS Group, UOB and OCBC Eyed

So it raises the question as to why the interest rate is still stick at 0%. Inflation will also be on the agenda in Singapore. The headline inflation rate in the Garden City was 0.6% in August. It is expected to rise to 0.9% this time. The core inflation ... ( read original story ...)

Investors Sour on Singapore IPOs

An Australian real-estate company has pulled its plans for a billion-dollar initial public offering in Singapore following tepid demand for its units, people familiar with the process said Friday, indicating that investors remain wary in a volatile global ... ( read original story ...)

Singapore ruling party takes flak over wealth gap

“Singapore has followed a different approach [to other developed nations], with a lower tax burden overall . . . while providing targeted subsidies for those in need,” the Ministry of Finance said. Lee Hsien Loong, prime minister ... ( read original story ...)