News

Sembcorp Marine to operate 2 in 4 new dry docks by 2Q13

The remaining two docks will be operational by early 2H13, says CIMB.

Two reasons why DBS hit record profits in 1H12

Limited asset-quality problems and cost controls overshadowed slower revenue growth.

It’s decision time for F&N

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

Agressive regional expansion by banks fraught with risks

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

Top 9 foreign groups forming business in Singapore

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

'Serious enquiries' deluge Sembcorp Marine

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

DBS profit up 10% to S$810m

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

Chart of the Day: No change for services sector

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

Sembcorp Marine net profit sinks 5%

$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.

OCBC net profit up 12% but loan growth outlook lowered

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.

Standard Chartered Bank pulls profit up 17%

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

Are SIA's disparate brand strategies counterproductive?

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

Don't be fooled by OCBC's 2Q12 results, warns analyst

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

What every investor should know when doomsday looms

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