Financial Services
UOB's soaring credit costs drag its growth
UOB's soaring credit costs drag its growth
But the bank's strong net interest income was spurred by an upturn in margins.
Standard Chartered Bank posts record income of US$2b in FY11
Thanks to its consumer and wholesale banking business which accounted for 42% and 58% of the income, consecutively.
Currency Briefing - what you need to know for Wed Feb 29, 2012
The Singapore dollar was up 1.2478 Tuesday night.
St. James Holdings appoints Gordon Foo Chuan Wei as Business Development Manager
The resignation of the company's COO will give Mr. Foo greater roles and responsibilities.
Currency Briefing - what you need to know for Tues Feb 28, 2012
There was weakness in the local currency amidst concerns from the G20 meeting.
Currency Briefing - what you need to know for Mon Feb 27, 2012
Weak economic data caused the Singapore dollar to slip against the US dollar.
UOB’s FY11 net profit disappoints market expectations
But the corporate banking business is seen to drive UOB’s growth in FY12.
Card skimmers attack DBS Singapore
DBS reports a total of SGD23,000 worth of unauthorized withdrawals last Sunday, Feb 19.
Currency Briefing - what you need to know for Fri Feb 24, 2012
The US dollar weakened against the G10 amidst downward pressure on risk assets including many Asian currencies.
Currency Briefing - what you need to know for Thurs Feb 23, 2012
The Singapore dollar slipped against the US dollar amidst global economic uncertainty.
Currency Briefing - what you need to know for Wed Feb 22, 2012
There was a boost in Asian currencies, including the Singapore dollar, but it didn’t linger.
OCBC appoints Ooi Sang Kuang as Director
His qualification and experience was given merit by the Nominating Committee.
Currency Briefing - what you need to know for Tues Feb 21, 2012
The Singapore dollar along with other Asian currencies were stronger against the US dollar.
OCBC’s net profit up 3% to a whopping S$2.3b in 2011
As the group’s customer-related businesses showed robust growth in the past year.
Currency Briefing - what you need to know for Mon Feb 20, 2012
Amidst improvement in risk sentiment, the Singapore dollar has edged up against the US dollar.
Chinese Global Investors' Executive Director resigns
Soong Kok Meng quitted his post for personal reasons.
Is Singapore next on the list of mobile payments leadership?
Is it time for Singapore to adopt a national mobile payments system?