Financial Services

Currency Briefing - what you need to know for Mon March 19, 2012

Currency Briefing - what you need to know for Mon March 19, 2012

Last week the Singapore dollar traded as high as $1.27, and the US dollar has slipped against the local currency.

MAS inks supervisory deal with Euro market regulators

Singapore’s regulatory framework for credit rating agencies are also to be in line with EU’s rules.

Currency Briefing - what you need to know for Fri March 16, 2012

The US dollar came off its recent high against the Singapore dollar.

Chart of the Day: US 5-year swap rate tests but fails to close above 200-day MA

On 15 March 2012 the growth oriented currencies rallied against the US dollar.

Singaporeans dissatisfied with insurance transparency

And 18% of survey respondents are not even sure if the life insurance they have is right for their needs.

Currency Briefing - what you need to know for Thurs March 15, 2012

There was a shift in sentiment away from Asian currencies while the US dollar strengthened against the G10.

UOB’s net profit could have been S$70m higher in 4Q11

That is if we back out the EU debt related losses.

MAS urges Islamic banks to embark on trade finance

It’s a model that fits well with Shariah principle, says MAS exec director Tai Boon Leong.

Currency Briefing - what you need to know for Wed March 14, 2012

Recovery signs in American economy helped the US dollar strengthen against the Singapore dollar.

AsiaPac banks to face higher credit costs in 2012

High loan growth and moderate credit costs is now a thing of the past.

Currency Briefing Update - here’s what happened on March 13 morning

The US dollar retreated against Asian currencies but gains were capped.

Currency Briefing - what you need to know for Tues March 13, 2012

A MAS tweak in the exchange rate system to slow the local currency’s appreciation is said to be possible.

Ausgroup Ltd appoints Laurie McGregor Barlow as CEO

He will be assigned to develop and grow the business.

Currency Briefing - what you need to know for Mon March 12, 2012

The US dollar edges up to $1.2584 against the Singapore dollar.

Morgan Stanley to do wholesale banking in Singapore

It can now operate one branch that can accept deposits of not less than $250,000.

Singapore banks' net profit growth to taper off in 2012

So how much net profit can DBS, OCBC, and UOB get this year?

CapitaMall Trust gets bank facilities without using property as security

CMT has secured an aggregate of S$800m committed bank facilities.