Financial Services

Overhauling OTC derivatives trading in Singapore

The Monetary Authority of Singapore (MAS) ushered in a new era for the Asian capital markets in February by issuing a consultation paper on the...

Currency Briefing - what you need to know for Mon April 16, 2012

The local currency sits at $1.2511, with appreciation against the US dollar expected to be gradual.

DBS launches electronic securities application service

Now customers can subscribe to IPOs even while in bed straight from their smart phones.

Singaporeans take cashless shopping to record levels

Survey shows Singapore cardholders own the most number of credit cards across Asia, with an average of 3.3 cards per individual.

OCBC's status gets a little boost

The financial institution's growing wealth management franchise merits a premium to peers.

Currency Briefing - what you need to know for Thurs April 12, 2012

The Singapore dollar continues to trade within a tight range, sitting at $1.2576.

SGX and CIMB Securities to train more trading reps

The new initiative seeks raise the number of investing traders to meet growing demand.

DBS to inject RMB 2.3b to China franchise

The bank is increasing its registered capital in DBS China by close to 60%.

Currency Briefing - what you need to know for Wed April 11, 2012

The Singapore dollar is almost unchanged, currently trading at $1.2621.

Currency Briefing - what you need to know for Tues April 10, 2012

The local currency currently trades at $1.2608 against the greenback.

Singapore loan growth might slow to ASEAN-4 low

CIMB predicts a marked deceleration for bank loan growth as last year's torrent of trade-finance loans dries up.

Currency Briefing - what you need to know for Mon April 9, 2012

The US dollar has recovered slightly against the Singapore dollar and now sits at $1.26.

DBS diversifying past its Singapore core market: UOB

The bank's reliance on Singapore revenues will likely diminish to 49% from 62% as its regional clout rises.

Asian reinsurance rates starting to spike

Now the region is beginning to feel the rate-raising impact of last year's deluge of natural disasters.

Thailand banking sector regains ground

Banks seem likely to meet the 23% net profit growth target as they recover from floodings of 4Q11.