Financial Services
Chart of the Day: Services sector post largest dip in slow payments
Chart of the Day: Services sector post largest dip in slow payments
Overall slow payment in the services sector saw a sharp decline due to healthy growth in the food, accommodation and tourism-related services.
Citibank revamps credit card and ATM security measures
All new cards will be sent out deactivated from 1 July 2012, and on-demand deactivation and reactivation option for its credit cards will now be...
Delinquent Singaporeans? Not anymore as more businesses pay bills on time
Guess which sector reported the biggest improvement when it came to settling the bill?
Singapore dollar advances against the greenback
Pressure is on the US dollar as investors are cautious about the FOMC meeting, says IG Markets Singapore.
Chart of the Day: Payment delinquency falls to 12-month low
Payment performance of local firms has improved across the board in the first quarter.
Singapore dollar feels pressure of 'renewed US dollar strength'
The greenback traded higher against all of the major currencies except for the Australian and New Zealand dollars.
Manulife partners with Community Chest on its 125th anniversary
Manulife Financial treated 125 underprivileged children to a day out at the Singapore Zoo.
Cost of financial advice matters less to consumers
Consumers in Singapore are willing to pay no matter what it costs for an advisor who exhibits good knowledge in financial services.
Singapore dollar starts week with early gains against the US dollar
The Greek election results have resulted in a positive reaction in the global markets, says IG Markets Singapore.
Hong Kong issues measures supporting liquidity in offshore RMB market
The move is said to be in response to tighter RMB liquidity conditions due to recent deposit withdrawals.
Singapore dollar trades below $1.28
The greenback meanwhile weakened with equities closing over 1% higher.
Caution on Chinese banks spreading to Asian counterparts
A contagion of worry looms over Asia-Pacific as weakened Chinese banks threaten to trigger a domino fall effect.
Immediate changes to the HKD peg unlikely: analyst
Given problems with the alternatives, BBVA Research does not think changes to the HKD peg will happen in at least the next 3-5 years.
Japanese life insurers’ credit profile set for improvement
Fitch Ratings says insurers in Japan will continue to reduce risks in investments and benefit from improving underwriting fundamentals.
Singapore dollar back above 1.28 mark; range trading expected before Greek polls
IG Markets Singapore says uncertainly will remain over the Eurozone “as the world nervously awaits” for the outcome of the election.
Singapore dollar remains above $1.28 against the greenback
RBS says risk-oriented currencies staged a comeback after the previous sell-off.
Singapore dollar trades at $1.2846 as traders move back to safe haven currencies
The local currency had held steady sitting below the $1.28 mark up until Monday night.
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