Financial Services

MF Global Singapore may get as much as 91% of money back

The defunct company nonetheless reiterates no evidence so far of improper use of customer money in Singapore.

MF Global Singapore may get as much as 91% of money back

The defunct company nonetheless reiterates no evidence so far of improper use of customer money in Singapore.

Singapore dollar losing ground to the greenback?

The local currency is trading close to the $1.28 ceiling.

Singapore dollar threatened by difficult trading week amidst eurozone woes

With investors taking flight to the safety of the US dollar, the local currency currently trades at $1.2756.

Futures trading looks promising with SGX and UOBBF tie up

The two financial giants have set up the Professional Traders Development Centre to train individuals on multiple trading strategies in the equity...

Why is the Accountants Act being revised?

The legislation will be amended to improve oversight on audit firms and tighten the requirements on accountant registration.

UOB puts up certificate of deposit programme in Hong Kong

Proceeds from the HK$30b programme will be used for UOB Hong Kong’s general funding needs.

Currencies weaken across the board; eurozone crisis hits new low

The local currency fell above the $1.27 threshold, currently trading at $1.2767 against the US dollar.

Singapore banks emerge fully resilient under stress test

Singapore banks can withstand asset-quality shocks through their earnings alone, a stress test conducted by Fitch Ratings revealed.

Treasury China Trust names Xu Sitao as Director

The Company believed that Mr Xu's appointment will enhance the existing knowledge and skill set of the Board.

Warning: Beware of USD liquidity crunch

Find out from RBS how it will affect the Singapore dollar and other Asian currencies.

G10 currencies and risk sentiment weaken; EUR/USD back above 1.2750

The Singapore dollar is trading at $1.2711 following a four-month low against the US dollar.

Singapore banks in a sweet spot?

Their net interest margins are improving and earnings are expected to rise even more, says DBS.

Net Pacific Financial Holdings appoints Francis Lee Fook Wah as Director

He is also chairman of the Remuneration Committee, and member of the Audit Committee, Risk Management Committee and Nominating Committee.

United Overseas Bank names Lee Wai Fai as Acting Chief Risk Officer

The current Chief Financial Officer & Managing Director will temporarily take hold of the position until appointment of Chief Risk Officer.