Financial Services

Mainland Chinese can now shop Singapore online with eNets

The deal will let 160 million mainland chinese shop anywhere in the world that accepts eNets, a major boost for the payments platform.

Mainland Chinese can now shop Singapore online with eNets

The deal will let 160 million mainland chinese shop anywhere in the world that accepts eNets, a major boost for the payments platform.

FRANKLY, will students give a d*** about OCBC's youth rebranding ?

OCBC branches at SMU and NTU being renamed "FRANK" - no, really.

Singapore commodities hub drives RMB trade settlement

Commodities are the reason why the Chinese Renminbi (RMB) scheme is going global and the connection is Singapore, according to the Standard Chartered...

Mastercard appoints Matthew Driver to head Asian operations

Matthew Driver will take on the role of Division President, South East Asia with immediate effect.

No go loan zone: Fitch toughens global RMBS ratings criteria

Naughty insurers aren't paying out full claims on defaults, and Fitch isn't happy.

Booming commodity prices push Singapore's offshore trade up 50.5% to US$700bn

And the good news is that trading jobs actually grew 18.5 % with 11,250 new jobs created.

DBS Inaugurates New Taiwan Headquarters

DBS Bank today formally opened its new Taiwan headquarters at Shin Kong Xinyi Financial Center as it strengthens its presence in the country.

OCBC NIM falls to 1.9% in 1Q11

OCBC 1Q 2011 core net profit of $596 million was in line with expectations except for the disappointment in lower NIM.

OCBC net profit surged 24% in 1Q11

OCBC reported a net profit of S$628 million for the first quarter.

DBS Asset Management launches DBS Asia Asset Allocator Fund

The fund offers investors a multi-asset class approach to long-term wealth management with an Asian focus.

OCBC named world's strongest bank

Three Singapore banks made it to the top twenty list of Bloomberg's World's Strongest Banks.

DBS partners with Sumitomo Trust to boost services in Asia

Both banks signed an MOU to will enable both banks to offer an increased scope of products and services to customers across the region.

AXA Insurance introduces “SmartClaims” Application on Android

AXA, one of the world's leading insurance providers which launched the first motor claims iPhone application last year in Singapore, now extends the...

Insurers attained 45% growth in 1Q 2011

The $460 million weighted new business premiums was spurred by robust sales across all products.

Standard Chartered Bank to offer Yuan deposits this year

EXCLUSIVE: The British bank plans to replicate in Singapore the success of its Hong Kong branch in offering Yuan (CNY) or Remninbi (RMB) deposit...

Islamic Bank of Asia appoints Toby O'Connor as CEO

He will lead the growth of IB Asia by ramping up investment banking, especially capital markets and private equity.

Government payout to swell by 50% in 2011

The government will make special efforts to help low income worker through the Workfare Special Bonus.