United Overseas Bank (UOB) on July 30 launched Singapore’s largest car ecosystem and a faster UOB car loan application process with its fully-digital financing solution for car buyers. UOB’s digital c... ( read original story ...)
Asian markets rise after Bank of Japan policy statement
SINGAPORE — Asian markets were mostly higher on Tuesday after the Bank of Japan decided to keep its monetary policy steady while allowing some flexibility to achieve yield targets. Investors turned th... ( read original story ...)
Worried your money in the bank will get stolen by hackers? Don’t be, NTU prof says
Q. Amid that backdrop, will Singapore banks get robbed the way the Bangladesh central bank did in 2016? Prof Wang: The Bangladesh bank case, where hackers got away with US$81 million, actually spoke v... ( read original story ...)
Singapore central bank issues prohibition order against ex-CIMB VP for insider trading
SINGAPORE: The Monetary Authority of Singapore (MAS) has issued a five-year prohibition order (PO) against Alan Tay Yeow Kee, a former vice-president of CIMB Bank Bhd. The order will prohibit him from ... ( read original story ...)
VTB claims repayment from Singapore’s AnAn over En+ shares
Singapore's AnAn Group said on Monday it was seeking legal advice after receiving a claim from Russia's VTB Bank to repay $170.4 million in relation to the purchase of shares in En+ Group last year. V... ( read original story ...)
Singapore’s DBS second quarter profit rises 20 percent, misses market estimates
The Singaporean bank's net profit came in at S$1.37 billion (766.66 million ... according to Thomson Reuters I/B/E/S. Analysts say an easing of Singapore's economic growth amid an international trade ... ( read original story ...)
DBS Posts 20% Gain in 2nd-Quarter Profit
Net income rose 20 percent to S$1.37 billion ($1 billion) in the three months to June, the Singapore-based bank said Thursday, falling short of the S$1.44 billion average forecast in a Bloomberg surve... ( read original story ...)
DBS second quarter profit jumps 20 percent, misses estimates due to weak trading
SINGAPORE (Reuters) - DBS Group Holdings Ltd (DBSM.SI), Southeast Asia’s biggest lender, reported a 20 percent jump in net profit on Thursday, missing market expectations as the impact of business vol... ( read original story ...)
In a first, majority of Singapore-listed firms now have a woman director
The proportion of all-male boards slipped to 49 per cent as at end-June 2018, the first time the measurement has crossed below 50 per cent, according to DAC, an advocacy group comprising prominent mem... ( read original story ...)
How do Singapore’s regions stack up in 4G?
For this analysis we looked at the same 90-day test period as our Singapore report to identify the fastest sector and the sector with the highest level of LTE access. You would think the Central regio... ( read original story ...)
Singapore issues a new $795mn contract to transform its port
Singapore has issued a $795mn contract to Japanese firm Penta-Ocean Construction and Bachy Soletanche Singapore in a new joint venture. The project will see the duo develop the second largest port in ... ( read original story ...)
SINGAPORE | World shares mixed on fears of higher US tariffs on China
SINGAPORE — World shares were mixed Wednesday on uncertainties over trade, as news the U.S. and China may be working to reopen trade talks was overshadowed by talk of plans for even higher tariffs on ... ( read original story ...)
DBS focus: RBI views on liquidity; sees 25bp hike
Indian 10-Year bond yields have been, after keeping to a narrow 7.75-7.78 per cent range last week. Singapore: Singapore banking group DBS said it would be paying attention to the Reserve Bank of Indi... ( read original story ...)
Former Singapore cop crowned champion in MasterChef Australia season 10
Who would have expected that a hardened cop from Singapore could be a champion chef in Australia? Sasha Cheliah, who migrated to Adelaide six years ago, just scored the top prize in the 2018 season of ... ( read original story ...)
SINGAPORE | Asia shares gain on reports China, US may resume trade talks
SINGAPORE — Asian shares are mostly higher as traders watch ... The Russell 2000 index of smaller-company stocks jumped 1.1 percent to 1,670.80. Bloomberg News reported, citing two people familiar wit... ( read original story ...)
OCBC launches upskilling programme for wealth advisors
OCBC yesterday launched a new upskilling programme for its wealth advisors in partnership with the Wealth Management Institute (WMI) of Nanyang Technological University, Singapore (NTU Singapore). Acc... ( read original story ...)