Financial Services
Thai banks' earnings to bottom out next year
Thai banks' earnings to bottom out next year
Earnings may grow 15% after two consecutive years of slump.
Dutch Bank ING said to shut equity derivatives business in Singapore
It's the first large European lender moving staff to UK post-Brexit.
China's declining foreign reserves to persist
Total foreign reserves shrank by USD18.8bn to USD3,166.4bn in September.
China property and casualty insurance sector headed for moderation
Premium growth is projected to slow to high-single digit levels.
Chinese banks beef up lending to Singapore metal traders as the sector bottoms out
Some offers an annual flexible credit line at 1-1.5% over LIBOR.
Here's how Falcon Bank neglected 1MDB’s red flags
"Head Office is watching you," a senior manager warned.
Singapore corporates most dominant users of the RMB outside of China
Adoption nearly doubled to 26% in 2016.
Here's why CNY internalisation will be a long-term process
Yuan's share in terms of wordwide payment stood at only 1.9% in August.
Korean regulatory change may expose banks to IFRS 9: Fitch
Less conservative loan-loss provisioning poses risk.
Singapore amongst Asian countries which scored lowest in bank relevance: Survey
Singapore banks gained 74.1 out of 100.
Busted: Singapore charged two former BSI bankers with forgery in 1MDB-linked probe
They can post bail for $35,000 each.
Should Singapore banks be worried about escalating oil & gas default risks?
Another Malaysian O&G firm defaulted on bonds worth $125m.
Busted: MAS shuts down Falcon Bank on anti-money laundering breaches
It also fines DBS and UBS.
WE Holdings extends $22m loan to Jubilee Industries
It will consist of a convertible loan and a direct loan.
Daily Briefing: Prime retail rents dip 0.2% to $31.20 psf in Q3; Two Singapore bankers charged with forgery
And check out five condos with psf prices not exceeding $1000.
Singapore maintains $5.5bn loan commitment to IMF
The initial loan commitment was made four years ago.
Not a time to cheer up yet: Two ways on how Indonesia tax amnesty could hurt Singapore banks
OCBC's assets seen most exposed than peers.
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