Financial Services
Are Singapore banks feeling the squeeze of Euro crisis?
Are Singapore banks feeling the squeeze of Euro crisis?
Maybe it's not the falling deposits and loans we should be looking at, rather at deteriorating banks' asset quality.
Asia unattractive for insurance firms planning to make new private equity investments
Surprisingly, insurance prefers Europe over Asia despite the former's current financial trouble.
Bailout for Spanish banks showing little effect on Singapore dollar
The local currency is trading at $1.275 against the US dollar.
OCBC, DBS, and UOB pamper ultra-rich Singaporeans
Each bank targets Singapore's rising rich with diverse product offerings, but which bank gets the highest revenue contributions from this wealthy...
Offshore wealth in Singapore reaches a whopping US$1trn
You'll never guess which region increased its offshore wealth in Singapore by more than 50% to US$140bn in 2011.
Wow! 17% of Singapore households have wealth of more than US$1m
If you're looking for a millionaire, you know where to go.
Singapore dollar holds steady at $1.2794 against the greenback
The local currency is forecast to drift to $1.30 by the end of 2012.
Cost-cutting halves Singapore bankers' notice periods
Three months of paid notice is now the standard instead of the once luxurious six-month "gardening leave".
Manulife Singapore launches universal life plan for the ultra-rich
Manulife prepares to capture Singapore's growing market of rich Singaporeans as they are expected to double from 64,000 to 129,000 by 2015.
DBS unveils instant mobile rewards redemption service
DBS Rewards mobile app allows cardmembers to instantly redeem their rewards in over 1,000 outlets in Singapore.
Taiwan's state banks riding on false complacency?
A study conducted by Fitch Ratings reported that the Taiwanese public's strong confidence in their state banks has hindered reforms from being pushed...
Singapore dollar moves to below $1.28 against the US dollar
Upbeat traders reduced their positions in the greenback and yen.
Markets 'lifted' due to G7 conference call; STI set for firmer open
PMI factory output figures showing a rise to 50.4 points in May are also likely to boost trading in Singapore.
Singapore dollar takes a breather
IG Markets Singapore says the local currency has been given a slight respite from the pressure of investors flocking to safe-haven funds.
'Singapore is not a tax haven': High Commission
The High Commission of the Republic of Singapore issued a statement pointing out inaccuracies in a Nanyang Siang Pau article.
Singapore dollar hitting new lows against the greenback
The local currency, siding against the US dollar, currently sits at $1.2939.
Chart of the Day: Loan pace turns sluggish
Loan growth in Singapore banks is projected at 12% for 2012.
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