OCBC Targets Revenue Boost From Southeast Asia-China Business
Oversea-Chinese Banking Corp. unveiled a target to boost revenue from business flows between Greater China and Southeast Asia
1970-01-01 08:00
Singapore’s Star Banker Creates a Succession Dilemma for DBS
For more than 13 years, Piyush Gupta has led one of Singapore’s most iconic institutions, the bank that
1970-01-01 08:00
China’s PBOC Sticks With Yuan Support as Currency Losses Deepen
China took steps to slow a decline in the yuan for a fourth time this week, as its
1970-01-01 08:00
China Extends Fight Against Weak Yuan as Drops Unsettle PBOC
China took a further step to slow the slide in the yuan, setting its daily reference rate for
1970-01-01 08:00
Singapore Fines DBS, Citi for Breaches in Wirecard Scandal
Singapore’s financial regulator imposed penalties amounting to a total of S$3.8 million ($2.8 million) on four financial institutions
1970-01-01 08:00
While Yuan Struggles Other China Proxies Are Beginning to Soar
China’s move to ramp up stimulus measures to boost its economy is providing little fillip for the yuan,
1970-01-01 08:00
China Big Four State Banks Said to Cut Dollar Deposit Rates
China’s four big state lenders have effectively cut dollar deposit rates, according to people familiar with the matter,
1970-01-01 08:00
Singapore Banks Are So Flush With Deposits That DBS Is Loaning MAS S$30 Billion
Singapore banks are flushed with deposits with few options to deploy them amid a tepid lending environment. The
1970-01-01 08:00
Global Funds Rush Into Thai Bonds Ahead of Weekend Election
Foreign investor purchases of Thai bonds reached a six-month high ahead of the country’s election, helping the baht
1970-01-01 08:00
PBOC Extends Cash Support in May After Credit Growth Slumped
China’s central bank injected more long-term liquidity into the financial system for the sixth month in a bid
1970-01-01 08:00
Singapore bank OCBC's Q1 net profit jumps 39% to record $1.42 billion
SINGAPORE (Reuters) -Singapore's second biggest lender Oversea-Chinese Banking Corp (OCBC) on Wednesday reported a 39% jump in its first-quarter net
1970-01-01 08:00
Singapore to Allow Banks Share Client Data to Fight Crime
Singapore banks will be able to share information on potentially risky clients next year, a move aimed at
1970-01-01 08:00