banks

Oil & Gas

MAS tells banks not to pull lines on oil players here 'indiscriminately'

Banks are deened well capitalised and diversified in their exposures to these sectors

Banking & finance

DBS, UOB forecast to cut dividends this year as OCBC resorts to script in bear case, says Morgan Stanley

The Covid-19 pandemic has changed many aspects of our lives. Since banks are central to the way we live — the way in which banks are perceived have also changed. Take as an example dividends. Local investors have over the past 10 y

Commodities

Banks freeze credit to Singapore oil trader after price crash

The lenders to privately-held Hin Leong Trading (Pte.) Ltd. won’t issue new letters of credit to the company

Covid-19 Solidarity Budget

What the stimulus means for banks

 In addition to the stimulus packages, policy interest rates are falling. Singapore’s exchange rate policy and the easing for the SGD NEER leading to a weaker Singapore dollar may limit the decline in local rates.

Banking & finance

Broking a viable market

UOB Kay Hian has been involved in at least half of the Singapore IPOs. Choo points out that such a phenomenon is not new at all, and certainly not due to a new worry such as the Covid-19 outbreak.

Banking & finance

Seeking shelter in banks

This past week, investors around the world have been compelled to swallow and digest fast-unfolding news by the day, if not the hour. The widening Cov­id-19 outbreak and the shocking break­down of ties between Saudi Arabia and Russ

Banking & finance

Banks raise dividends to sustainable levels despite heightened risks

While investors expect credit costs to rise, the banks’ top management have moderated ex­pectations. For instance, all three banks guid­ed on credit costs rising by single-digit basis points.

Global review

JP Morgan’s Yeo maintains preference for 'growth' over 'value'

SINGAPORE (Feb 7): In recent weeks, normal activities in Asia came to a standstill and borders were closed as governments fight to stop the spread of the coronavirus first reported in China.
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