Financial Services
Currency Briefing - what you need to know for Fri Feb 17, 2012
Currency Briefing - what you need to know for Fri Feb 17, 2012
The Singapore dollar gained some ground but saw any further rises capped amidst Greece's sovereign debt troubles.
Singapore vulnerable to multidimensional risks posed by Europe Crisis
Find out the many ways on how troubles in the West could affect Singapore and other countries in Asia Pacific as Standard and Poor’s reports.
Currency Briefing - what you need to know for Thurs Feb 16, 2012
Amidst improvement in investor confidence in Asia, the Singapore dollar edged up Wednesday against the US dollar.
Currency Briefing - what you need to know for Wed Feb 15, 2012
The rise in the value of the Singapore dollar against the US dollar is said to have taken a dent.
Great Eastern’s net profit plummets 24% to S$385.7m in 2011
As the severe deterioration in the investment climate caused unexpected losses for the group in 2H11.
DBS growth will dip then recover: OCBC
Earnings seen to expand by a modest 1% in 2012 before bouncing back to 6.6% in 2013.
DBS full-year profit up 15%
DBS Group Holdings reported net profit of S$3.04b for 2011.
DBS’ POSB to open branch in community club
The first bank in Singapore to have a branch presence in a community club, POSB will set foot within Zhenghua.
Singapore amongst exposed to risk of deterioration in the Euro area
Singapore exhibits highest reliance on Euro banks with more than a third or 39% of its GDP are Euro banks' claims.
Scared Singapore suppliers considering more insurance
The plummeting credit worthiness of European and US partners has forced firms to prepare for the worst.
Banks' earnings growth to be subdued in 2012
But without a global financial crisis scenario, the bleak outlook in 1H12 should revert positively in 2H12.
DBS forms a Taiwan subsidiary
It was created as part of a so-called greater China strategy.
Demand for equities expected to remain structurally weak
Strategists cited prolonged risk aversion, regulatory changes, and deteriorating demographics as factors.
DBS is analyst’s top pick over OCBC and UOB
Well it’s not surprising as DBS’s ROEs leapfrogged its peers in 3Q in a climate of poor capital markets and low interest rates.
UOB's profit seen to have increased 10% in 4Q11
An analyst expects the bank to post a S$574m net profit when it announces its 4Q11 results on 24 February.
Will OCBC’s increased US$ trade finance loans continue?
CIMB expects a loan growth of 6% qoq despite high US$ LDR and a general scarcity of dollar deposits in the system.
Macquarie Group appoints Alex Harvey CEO of Asia
Mr. Harvey is currently an Executive Director in Macquarie Capital and Global Head of the Telecommunications, Media, Entertainment and Technology...
Read Here
Advertise
Sign Up
![Video [Event News]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/event_news_featured_article/public/2025-05/screenshot-2025-05-08-at-4.58.53-pm_0.png.webp?itok=Kud35sMs)
![Event News SBR 9 Lorem Ipsum [8 may]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/event_news_thumbnail/public/2025-05/a_hand_pointing_to_a_futuristic_technology_5b87c9d0e3_8.png.webp?itok=DTh_dbYp)
![Event News SBR 9 Lorem Ipsum [8 May]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/event_news_thumbnail/public/2025-05/a_hand_pointing_to_a_futuristic_technology_5b87c9d0e3_7.png.webp?itok=vzDAzb6V)
![Event News SBR 8 Lorem Ipsum [8 May]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/event_news_thumbnail/public/2025-05/a_hand_pointing_to_a_futuristic_technology_5b87c9d0e3_6.png.webp?itok=jvHFc4P6)
![Video [Event News]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/video_thumbnail/public/2025-05/screenshot-2025-05-08-at-4.58.53-pm_0.png.webp?itok=yZnI0YBb)
![Video 1 SBR [8 May]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/video_thumbnail/public/2025-05/screenshot-2025-05-08-at-4.58.53-pm.png.webp?itok=9AAeRz_k)
