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CIMB cuts its FY11-13 earnings estimate for OCBC by 6-8% mainly from insurance and trading-related income.

Now that Moody’s has downgraded the bank with negative outlook, the bank was compelled to issue a statement that it stands by its “ability to fulfill its obligation as a structured warrants guarantor”.

The mobile plan features sharing of bundled data, airtime, and SMSes for family members.

Having large foreign reserves and chronic current account surplus were clearly not enough, says RBS.

“Behind the Scenes@ DBS” initiative underlines the bank’s commitment to identifying and nurturing future leaders.

The exchange to offer new order types that enable investors more flexibility in the execution of their orders.

As it is predicted to become the dominant center for global trade flows over the next 12 months.

This is the largest supply of flats in a single launch, offering a wide array of choices across flat-types in both mature and new towns.

And guess what three countries were picked by Singaporean executives as the most promising markets for growth?

Inflation also remains significantly higher than the historic average despite increasing downside risk to economic growth, says economist.

This is amidst potential knock-on impact on the office rental market.

The bank stressed there's higher probability of sharply slower growth and easier monetary policy in Asia the longer Europe remains in crisis.

It’s clearly not a priority as only 27% of financial institutions discuss anti-money laundering at board level.

As its largest shareholder, GIC is disappointed at UBS’ lapses relating to the $2.3b trading loss and urged UBS to take firm action to restore confidence in the bank.

The industries have been lagging behind in terms of profits as companies tend to focus on quick top-line solutions.

Their bid, the highest among only three participants, was S$312m for the Robinson Rd/Cecil St land parcel.