The Singaporean economy is slowing much faster than anticipated. The latest forecast by the Ministry of Trade and Industry Singapore (MTI) projects 2016 Singapore GDP growth at 1.0-1.5 per cent — the slowest since the 2009 fallout from the Global ... ( read original story ...)
Singapore bond market faces S$22bn refinancing bill
"Primary issuance in the Singapore dollar bond market should be better in 2017, coming off this year's lows and, hopefully, no further big shocks will affect the SGD market," said Tan Kee Phong, head of capital markets at OCBC Bank. "This year, the ... ( read original story ...)
DBS: This Singapore Bank Has Another 22% Upside
It’s taken longer than expected, but Barron’s Asia’s tip to buy shares in DBS Group finally proved to be on the money. We advised depositing DBS (D05.SG) in your portfolio back in February when Singapore’s biggest lender was trading at under SGD14 ... ( read original story ...)
Asia stocks mostly higher, dollar claws back some losses
SINGAPORE (Reuters) - Asian stocks were mostly higher on Tuesday ... European stocks were little changed on Friday, although banks rose after Deutsche Bank and Credit Suisse settled investigations into U.S. mortgage securities sales, while ... ( read original story ...)
The 10 Largest Companies Listed In Singapore: No.4 To No.1
For the fifth and the sixth, check out here. Counting Down To No.1 At fourth place is United Overseas Bank Ltd (SGX: U11), one of the largest financial companies in Southeast Asia. The Singapore-based bank provides a wide range of financial services globally. ( read original story ...)
Singapore inflation flat in November
said CIMB Private Bank economist Song Seng Wun. Last month's non-negative inflation reading also reflected a pick-up in services and food inflation, the Monetary Authority of Singapore and the Trade and Industry Ministry said yesterday. Food inflation ... ( read original story ...)
Malaysia’s central bank takes action against firm over ringgit trade
KUALA LUMPUR — Bank Negara Malaysia said it was taking action against ... fines for “cartel conduct” when trading ringgit foreign exchange contracts out of Singapore in 2011. The two banks said they offered to pay the fines after the antitrust ... ( read original story ...)
CreditEase Wealth Management Wins China’s “Best Non-Bank Private Wealth Product” Award
BEIJING, Dec. 26, 2016 /PRNewswire/ — CreditEase Wealth Management was named winner of the “Best Non-Bank Private Wealth Product” by The Asian Banker, a Singapore-based leading provider of strategic intelligence on the financial services industry ... ( read original story ...)
Asia stocks flat in muted session, dollar recovers some losses
SINGAPORE (Reuters) - Asian stocks were little changed on Tuesday ... European stocks (.STOXX) were little changed on Friday, although banks rose after Deutsche Bank (DBKGn.DE) and Credit Suisse (:CSGN.S) settled investigations into U.S. mortgage ... ( read original story ...)
T-Mobile’s ‘One’ mobile plan is not the simple, unified plan that was promised
T-Mobile CEO John Legere. T-Mobile’s mobile plans aren’t getting any simpler. The carrier last week announced an update to its flagship “T-Mobile One” plan. Now, instead of having the single “T-Mobile One Plus” add-on that was unveiled shortly ... ( read original story ...)
Quiet week likely for Singapore market
The Singapore stock market will likely end the last week of 2016 on a muted note - a stark contrast to the frenzy of action it saw at the start of the year. "The final week of the year is expected to remain a quiet one, with thin trading conditions to ... ( read original ...
Why are Cars so expensive in Singapore
70% of Car Price if OMV is below $20,000; up to 7 years. This is the traditional car loan scheme from Singapore banks for individuals. In many countries, people pay cash for their cars or simply swipe their credit cards. In Singapore cars that go for $ ... ( read original story ...)
Singapore Stock Market May Rebound On Tuesday
(RTTNews.com) - The Singapore stock market turned lower again on Monday, one session after it had snapped the two-day losing streak in which it had given away almost 25 points or 0.8 percent. The Straits Times Index now rests just beneath the 2,915-point ... ( read original story ...)
Singapore stock market: More uncertainties ahead
It has been a turbulent year for the stock market, with investors jolted by one shock after another. Those who survived the ordeal will find things little changed from December last year and more uncertainties ahead, even though opportunities still abound. ( read original story ...)
Singapore Market Poised To Snap Losing Streak
(RTTNews.com) - The Singapore stock market has finished lower in back-to-back sessions, giving away more than 25 points or 0.9 percent along the way. The Straits Times Index now rests just above the 2,910-point plateau, although the market may stop the ... ( read original story ...)
The 10 Largest REITs In Singapore: No. 1 To No. 5
Singapore’s stock market is home to a growing number of real estate investment trusts. Apart from REITs with local assets, more and more REITs with international assets are also choosing Singapore as the place to list. I thought it’d be interesting ... ( read original story ...)