Financial Services
Singapore dollar suffers as the greenback rallies
The US dollar rose to $1.2717 against the local currency.
Singapore dollar suffers as the greenback rallies
The US dollar rose to $1.2717 against the local currency.
30% of products pitched by banks and insurers deemed "unsuitable"
Banks and insurers recommend investment and insurance products that 3 out of 10 times disregard the financial goals of their clients.
Singapore expands list of Chinese qualifying full banks
Two more Chinese banks will gain qualifying full bank privileges, one of which will also be authorised as a clearing bank for Renminbi.
SGX geared up for Chinese securities trade
Dual currency trading option available to issuers listing RMB securities on SGX.
China cuts benchmark one-year lending and deposit rates
The move aims at shoring up weakening loan demand seen lately, says DBS.
Singapore dollar shows resilience against the greenback
The local currency has been pretty resilient this week against the US dollar which continues to be the big winner from the eurozone crisis, says IG...
Singapore dollar virtually unchanged at $1.2658
A lacklustre session saw equities, commodities and foreign exchange do very little, says IG Markets Singapore.
USD-SGD to remain 'inherently heavy'
Any further improvements in global risk appetite levels may engender a drift in the SGD NEER, says OCBC Treasury Research.
Singapore dollar sits above $1.26
The Singapore dollar is enjoying a period of stability against the greenback this week although it is still trades outside its comfort zone, says IG...
Singapore financial services barely felt globally: PwC
Trade and investment is quickly shifting to global focus, and Singapore is not keeping up.
Singapore dollar trades at $1.2673
The local currency remained unchanged against the US dollar despite a flight to safety, says IG Markets Singapore.
Asia's life insurance markets busted by bad economic and investment status
Growth momentum, weakening capitalization and hampering earning prospects dragged life insurance industry down.
Bank credit concerns elevated further with May loans data
DBU and ACU LDRs rose by 90.2% and 104.0% respectively but here's why it's not a major red flag for now.
Singapore dollar rallies with risk assets 'back in vogue'
The measures put forward by the EU seem to be welcomed by investors, says IG Markets Singapore, with the Singapore dollar trading at $1.2676.
Public Bank Berhad appoints Yik Sook Ling as Chief Financial Officer
The lender deems Ms Yik as suitable replacement of Chang Siew Yen for the post.
OCBC's non-interest income ventures to drive ROEs quicker
The bank's asset quality remains healthy despite a blip in 1Q12.
Will Singapore's loan growth momentum disappoint for the rest of the year?
DBS projects a sluggish loan growth of 12% in 2012.
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