Financial Services
Daily Briefing: Singapore banks' slide into boredom; Retail market: the disease and the cure
And Frasers Hospitality plans to launch 10 more properties in China.
OCBC’s Q1 profits drop 14% to $856m
Blame it on lower insurance, increased allowances.
Daily Briefing: OCBC's profit falls 14%; Industrial prices, rents decline in Q1 as vacancy rises
And resale condo prices continue drop in March.
More than 1 in 3 Singaporeans use mobile wallets in face-to-face transactions: Visa
Faster transactions, ease of use are top considerations.
UOB’s earnings slip 4.4% to $766m in Q1
Blame it on weak fee income, losses from associates.
Singapore banks unable to shake off default risks even as oil prices recover
Support services firms are still in deep water.
Local PE salaries finally at par with Hong Kong as pay inches up
China and Australia boast the fattest paychecks.
UOB inks deal with Chinese investment firms to launch RMB100 billion private equity fund
It will focus on Chongqing-based companies.
Apple Pay launches in Singapore
At present, it can only be used with American Express cards.
OCBC's mobile fingerprint access feature extended to Android phones
It has also launched a new trading app.
China’s debt-equity swap plan spells trouble for banks
Equities are riskier than loans.
DBS teams up with two peer-to-peer lending sites to widen funding options for SMEs
It’s the first partnership of its kind.
Private bankers steer clear of Singapore bonds as default risks mount
Investors are turning to higher-quality issuers.
Inaugural Singapore FinTech Festival to be held in November
It will be held by the MAS and ABS.
Local fintech startups can’t dodge regulation for long, says MAS
Supervision should be expected.
Singapore banks are safe from systemic risks for now: analysts
Will the rebound in oil prices hold?
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