Financial Services
Hong Kong issues measures supporting liquidity in offshore RMB market
Hong Kong issues measures supporting liquidity in offshore RMB market
The move is said to be in response to tighter RMB liquidity conditions due to recent deposit withdrawals.
Singapore dollar trades below $1.28
The greenback meanwhile weakened with equities closing over 1% higher.
Caution on Chinese banks spreading to Asian counterparts
A contagion of worry looms over Asia-Pacific as weakened Chinese banks threaten to trigger a domino fall effect.
Immediate changes to the HKD peg unlikely: analyst
Given problems with the alternatives, BBVA Research does not think changes to the HKD peg will happen in at least the next 3-5 years.
Japanese life insurers’ credit profile set for improvement
Fitch Ratings says insurers in Japan will continue to reduce risks in investments and benefit from improving underwriting fundamentals.
Singapore dollar back above 1.28 mark; range trading expected before Greek polls
IG Markets Singapore says uncertainly will remain over the Eurozone “as the world nervously awaits” for the outcome of the election.
Singapore dollar remains above $1.28 against the greenback
RBS says risk-oriented currencies staged a comeback after the previous sell-off.
Singapore dollar trades at $1.2846 as traders move back to safe haven currencies
The local currency had held steady sitting below the $1.28 mark up until Monday night.
Are Singapore banks feeling the squeeze of Euro crisis?
Maybe it's not the falling deposits and loans we should be looking at, rather at deteriorating banks' asset quality.
Asia unattractive for insurance firms planning to make new private equity investments
Surprisingly, insurance prefers Europe over Asia despite the former's current financial trouble.
Bailout for Spanish banks showing little effect on Singapore dollar
The local currency is trading at $1.275 against the US dollar.
OCBC, DBS, and UOB pamper ultra-rich Singaporeans
Each bank targets Singapore's rising rich with diverse product offerings, but which bank gets the highest revenue contributions from this wealthy...
Offshore wealth in Singapore reaches a whopping US$1trn
You'll never guess which region increased its offshore wealth in Singapore by more than 50% to US$140bn in 2011.
Wow! 17% of Singapore households have wealth of more than US$1m
If you're looking for a millionaire, you know where to go.
Singapore dollar holds steady at $1.2794 against the greenback
The local currency is forecast to drift to $1.30 by the end of 2012.
Cost-cutting halves Singapore bankers' notice periods
Three months of paid notice is now the standard instead of the once luxurious six-month "gardening leave".
Manulife Singapore launches universal life plan for the ultra-rich
Manulife prepares to capture Singapore's growing market of rich Singaporeans as they are expected to double from 64,000 to 129,000 by 2015.
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