ING
A global bank offering products such as savings, payments, investments, loans and mortgages in retail markets. They also provide specialised lending, tailored corporate finance, debt and equity market solutions, sustainable finance solutions, payments & cash management and trade and treasury services to their wholesale banking clients.
See below for the Latest ING News, Analysis, Profit Results, Share Price Information, and Commentary.
AI governance failures threaten banks’ returns
AI governance failures threaten banks’ returns
95% of GenAI spend has no outcome as organisations remain in the early stages of adoption.
ING expands eFX capabilities, sets up regional trading hub in Singapore
It is investing in advanced algorithm capabilities and direct API integration.
When will the manufacturing recession end?
February marked the fifth consecutive month of decline in industrial production.
Retail sales momentum to decelerate into 1H23
RHB expects full-year retail growth to clock in at 6.0%.
Full-year outlook for retail improves due to China reopening
The revival will boost the travel and tourism sector in Singapore.
Influx of tourists may provide limited support on expected slow economic growth
The government saw a 12-fold boost in foreign visitor arrivals.
Chart of the day: Slowing China exports drags Singapore’s growth
Export to China has contracted to translate to a slowdown in Singapore’s own growth.
Analysts raises full-year headline inflation forecast to 5.5%-6%
A further tightening of monetary policy in October is also likely.
Exports rose beyond expectations in May, but will its growth continue?
Singapore’s NODX jumped 12.4% YoY in May.
Inflation to increase ‘by a bigger magnitude’ in coming months: analysts
Inflation further accelerated to 5.4% in March.
Chart of the Day: Inflation accelerates to a sizzling 5.4% in March
Prices of basic goods have been on an uptick since February last year.
MAS likely to tighten monetary policy in April following inflation uptick
Headline inflation moved at a faster pace in February at 4.3% YoY.
Olam places $275m notes in US
Proceeds from the issue will be used for general corporate purposes.
Headline inflation rises at fastest pace since 2013 at 4%
Elevated prices likely to push MAS to further tighten monetary policy.
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Commentary
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