News

How susceptible will Singapore banks be?

The make-or-break day for Heineken’s takeover bid has come.

S&P warns banks in Singapore, Hong Kong, and Malaysia from overly agressive expansion that could weaken their credit profiles.

Britain tops the list and guess who are those catching up.

Singapore IPOs  in Q212 down by 21%.

Enquiries across the board expected to add to the group’s current order book of S$6.6b, said OCBC.

Net profit grew in the second quarter from a year ago as total income rose 6% to S$1.94 billion.

Guess which industry believes the business climate will be less favourable in the second half of 2012.

$143 mllion net profit for the second quarter of 2012 paled from a year before due to revenue timing and lower initial recognition of rig building projects.

The bank posted better-than-expected financial results in 2Q 2012 yet was forced to peg down loan growth guidance to single-digits from low-teens.

This surge results to a whopping income of US$1.162 bn.

Analysts believe Singapore Airlines has little expertise to run Scoot and Tiger.

OCBC posted overheads growth of 6% qoq on higher staff costs.

If tomorrow never comes, there is value now, says CIMB.

But guess which country is billed as most attractive M&A market.

SIA derives 40% of its passenger income from these lower-growth regions.