Financial Services
Sky-high credit card rates pose bigger threat to the banking industry
Sky-high credit card rates pose bigger threat to the banking industry
Bank loans and deposits moderated in April but It's the credit card charge-off rates now inching closer to their 10-year average of 5% that concern...
Chart of the Day: What you need to know about loan growth in Singapore
Driven by business loans, loan growth continued to moderate as expected.
Singapore dollar sits close to the $1.29 threshold against the US dollar
Traders are said to be exiting Asian currencies into the safe havens amidst fears over Spain becoming the next Greece.
Say 'goodbye' to disporpotionately high fees on loans
Moneylender laws amended to ease borrower burdens.
Singapore bank deposits 'anaemic'; loans 'lethargic'
Are Singapore banks feeling the squeeze of Euro crisis?
Local currency in trouble amidst safe haven flows
Analyst says traders are ditching risk assets, causing the Singapore dollar to lose value.
Job losses loom: Majority of SIngaporean CFO's won't hire new staff
And forget about asking for a pay rise, with 41% deeming rising cost of labour or scarcity of well qualified employees as the greatest threat in 2012...
Singapore dollar stays close to $1.28 ceiling; investors flock to safe haven assets
All other currencies, except the yen, are losing ground against the US dollar.
Public Bank Berhad appoints Lai Wai Keen as Director
Ms Lai's appointment would bring gender diversity to the Board.
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...
Singapore dollar struggles as traders move to safe haven assets
The local currency sits above $1.27 against the US dollar.
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.
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