banks

SINGAPORE (Aug 1): It took an earnings announcement from the smallest of Singapore's banks to shake the edifice of optimism that investors had built around all three of them. 

SINGAPORE (June 28): RHB is maintaining its “neutral” stance on Singapore’s banking sector as Credit Bureau Singapore (CBS) data reflected a 20% q-o-q increase in 1Q17 loan applications, which the research house says is a positive for Singapore bank

(June 19): Investors are hoping the Federal Reserve will allow big US banks to put an estimated US$150 billion ($208 billion) in idle capital toward stock buybacks, dividends and profit-boosting investments in the coming weeks after conducting a regular e

HONG KONG (June 16): Creditors of struggling commodity trader Noble Group have agreed to offer a lifeline by pushing back a repayment deadline on a crucial credit line until October, a source familiar with the matter said on Friday.

SINGAPORE (May 9): Oversea-Chinese Banking Corporation (OCBC) has posted a net profit after tax of $973 million for 1Q17, 14% above $856 million in 1Q16.

SINGAPORE (May 5): Banks are at new multi-year highs and have underpinned the Straits Times Index, helping it to a new 2017 and 12-month high.

TOKYO (April 5): Corporate Japan achieved a rare feat in the fiscal year that ended last week. Not one of its almost 4,000 publicly-traded firms filed for bankruptcy protection.

SINGAPORE (Feb 23): Credit Suisse says UOB is its top pick as the bank offers the appeal of positive leverage to rising US rates while providing earnings assurance should there be further asset quality weakness in oil and gas sector loans.

SINGAPORE (Feb 2): The likely two or three interest rate increases expected in the US for 2017 will likely benefit Singapore banks given the positive impact on their net interest margins, agrees Lim & Tan Securities in its daily note this morning.

SYDNEY (Dec 19): Australia's conservative government will on Monday give an update on the national budget that could trigger a downgrade in the country's prized triple A credit rating and push up borrowing costs on over a trillion dollars of debt.