Financial Services

Singapore dollar starts week on softer note

Singapore dollar starts week on softer note

Main concern for investors still remain around the debt burden in the eurozone, says IG Markets Singapore.

Chinese Yuan nears equilibrium level

The stabilization of China’s FX reserve suggests less intervention from the central bank, says Yi Gang.

More than 10 Indonesian banks found financially unhealthy

They do not meet the new financial health standards, says BI Governor Nasution.

Thailand's monetary policy to stay 'accommodative'

Inflationary pressures are expected to be moderate this year, says a BOT official.

Rate cuts in the Philippines seen as premature

DBS believes rate cuts in the Philippines may be premature and the central bank will keep the overnight borrowing rate steady at the upcoming...

Singapore dollar starts the week at $1.2597

The local currency has kept up its strengthening against the greenback as traders start the build-up to a key Fed meeting, says IG Markets Singapore...

Singapore banks' profit to slump 18% in 2Q12

The large trading gains in 1Q will unlikely be repeated this time around.

MAS looks into setting of key interest rate benchmarks

The central bank is following suit as Libor scandal triggered interest rate reviews worldwide.

European banks re-leverage in Asia

Asia’s total exposure grew by 4.7% after a 10% decline in 4Q11 with Singapore  recording the largest increase.

China's big four up lending pace

This after central government gave the green light for certain investment projects, says OCBC Investment Research.

DBS' bid for Danamon won't be jeopardised by new ownership cap: CIMB

Indonesia's exemption guidelines spell a higher chance of a DBS-Danamon M&A.

More than 20,000 stores and taxis to adopt mobile payments

Singapore still lags behind Philippines and Thailand in m-payments.

Singapore dollar continues ascent against the greenback

The US dollar weakens against risk currencies as traders are prepared to take on more risks, says IG Markets Singapore.

DBS changes registered address

Effectively 19 July 2012 DBS’ registered address is at 12 Marina Boulevard.

Authorities say Indonesia's new bank ownership rules are not protectionist measures

The new ownership rules, which aim to strengthen corporate governance within the entire banking industry, will be subjected to both local and foreign...

US believes Chinese Yuan remains undervalued

China’s efforts to address the problem, however, were recognized by US Treasury undersecretary Lael Brainard.