Bank stocks dipped from all-time high amidst May-June lull

Singapore bank stocks have declined to 7% YTD ever since they gained 9% during their all-time high this year. OCBC Investment Research analyst Carmen Lee noted that at this year's high, DBS was up 23%, OCBC was up 13%, and UOB was up 13%, which brought the ... ( read original story ...)

Trump meets Kim Jong Un in Singapore

After months of saber-rattling that gave way to flirtation, President Trump finally met face-to-face with Kim Jong Un at a hotel on Sentosa Island in Singapore on Tuesday ... meeting in front of a bank of 12 alternating U.S. and North Korean flags where ... ( read original story ...)

Markets Live: ASX lifts on Singapore summit

Commonwealth Bank, Rio Tinto and BHP Billiton are all weighing the market ... Trump and DPRK leader-Kim are scheduled to meet at 9 a.m. local time in Singapore. While North Korea is not a major economic power on an absolute scale, the marginal gains ... ( read original story ...)

Singapore rolls out tough summit security

The police deployment for the hotly anticipated meeting is expected to be the biggest since 2006 when some 23,000 officers were mobilised for an IMF-World Bank meeting in the city-state. A Kim Jong Un lookalike who said he had been to Singapore beforewas ... ( read original story ...)

Wilmar-OCBC deal pushes green financing in Singapore

this time with Singapore bank Oversea-Chinese Banking Corp. The two companies described it as the largest such bilateral deal in the city-state. The arrangement comes as Singapore pushes to become a hub for green financing and as the region's palm-oil ... ( read original story ...)

OCBC’s Next Digital Play: Instant Bank Account Opening

OCBC Bank claims to be the first Singapore bank to roll out a digital instant account-opening service for all customers who are Singaporeans or permanent residents. Even if you do not currently have any relationship with OCBC Bank, you can leverage ... ( read original story ...)

Research: Millennials dominate mortgage broker market

Story Continues Commenting on the research by Roy Morgan, chief mortgage consultant at icompareloan.com said that in the context of Singapore, most wealthy people want to use mortgage brokers as they see the value in engaging them. The chief mortgage ... ( read original story ...)

Singapore bank lending up 0.8% in April

SINGAPORE - Bank lending in Singapore rose 0.8 per cent in April from a month ago, preliminary data from the Monetary Authority of Singapore showed on Thursday (May 31). Loans through the domestic banking unit - which captures lending in all currencies ... ( read original story ...)