GLP China issues 1b renminbi bonds on China's interbank market

GLP has issued one billion renminbi (S$205 million) bonds in China's interbank market...

SGD bonds still hot as interest rates stay low

SINGAPORE-dollar (SGD) bond deals continue to hit the market, and are being snapped up by investors who fear the "low-for-long" interest rate mantra is sticking...

Alliance Mineral CEO: Better terms in latest agreement with Burwill

CATALIST-LISTED Alliance Mineral Assets Ltd got much better terms in its recently concluded renegotiations with Burwill Commodity which is also funding and taking an equity stake in the lithium mining company in Western Australian, said its CEO.

Singapore firms continue to hedge USD exposure

SINGAPORE companies are generally a cautious bunch, they take no chances with their US dollar exposure and hedging remains an ongoing activity, said banks.

OCBC joins fixed-rate home loan battle

HOME buyers are getting more financing choices as OCBC Bank jumped into the fray last week with a new mortgage package.

DBS, OCBC launch products to help busy executives

LOCAL banks DBS and OCBC have come up with yet more tools to help busy executives.

DBS introduces online tool for CFOs to cut through tedium

DBS Bank has launched a tool for busy CFOs (chief financial officers) and corporate treasurers.

Asean banks need to work harder on sustainable business practices: WWF

SINGAPORE's three banks are ahead of their Asean peers in environmental, social and governance (ESG) business practices, but it's far from adequate - and they need to step up their act urgently, said the World Wildlife Fund (WWF)...

UBS chairman not concerned about weakened Merkel

GERMAN Chancellor Angela Merkel's slim majority after the federal elections has left her weakened in championing Europe and international issues but it will lead to France coming forward resulting in more collaboration, said Axel Weber, chairman of the board of directors of UBS...

Singapore dividends to drop: study

SINGAPORE dividends are in for another tough year to the dismay of the legions of retiree investors; they also take some shine off the bull run in which the Straits Times Index has risen some 12 per cent since January.
HOCK LOCK SIEW

CPF - there's a silver lining in the silver tsunami

THE Central Provident Fund 2016 annual report can make for frightening reading in highlighting Singapore's rapidly ageing population...

Great Eastern's 3-year 2.05% endowment plan selling well

GREAT Eastern's three-year single premium endowment plan offering a guaranteed payout of 2.05 per cent is selling well, said a company official...

Great Eastern's 3-year 2.05% endowment plan selling well: company official

GREAT Eastern's three-year single premium endowment plan offering a guaranteed payout of 2.05 per cent is selling well, said a company official...

Asia is core to Indosuez Wealth Management: CEO

ASIA is a core market for Indosuez Wealth Management, the private banking arm of Credit Agricole, France's second largest bank, said Jean-Francois Deroche, chief executive of CA Indosuez (Switzerland) SA...

CEO pay at Singapore-listed firms not aligned with performance: study

THE link between what Singapore chief executives are paid and the profitability of their company is tenuous, a study has found. It has emerged that some CEOs still receive bonuses when their companies are in the red, or are paid fatter bonuses even when the company's profits have shrunk. ...

Alignment between CEOs' pay and profitability found lacking: report

PAY-for-performance alignment between Singapore chief executives and profitability remain an issue as long-term incentives usage here remains low. At the same time, CEOs continue to receive bonuses despite incurring losses or higher bonuses despite lower profit, a study found.

UOB, HSBC join mortgage war with 3-year fixed-rate packages

BANKS in Singapore have started a mortgage war, spurred by the lower interest rate for a longer duration, to the delight of the legions of home buyers who are pouring back to a buoyant residential market.

A bad week for greenback as Singdollar rises to 15-month high

THE Singapore dollar continues to surge, rising to 1.3371 against the US dollar on Friday on scepticism over further interest rate hikes by the US Federal Reserve and continued geo-political worries.

Asia a transaction banking goldmine for StanChart

ASIA's burgeoning economies are often the only growth engine for many multinationals and that in turn has helped boost Standard Chartered Bank's transaction banking business...

Singapore dollar rallies further as investors seek refuge

THE Singapore dollar (SGD) continued to rally on Tuesday as investors turned to safe-haven assets following the latest North Korean provocation.

Singapore dollar rallies for the fourth day on safe haven appeal

THE Singapore dollar continued to rally on Tuesday as investors turned to safe haven assets following the latest North Korean provocation.

Singapore dollar surges against US dollar as central bankers keep mum on policy

THE Singapore dollar surged against the greenback as expected on Monday, in line with other currencies, following a meeting of central bankers in Jackson Hole in Wyoming over the weekend.

AA Group sells unit for S$7.5m to focus on property related activities

AA Group Holdings is selling its wholly owned unit Allied Advantage Sdn Bhd Ltd as it gets out of the speakers and iron ore trading business.

Sing dollar surges after Jackson Hole; local interest rates gain too

THE Singapore dollar, as expected, surged on Monday against the greenback in line with other currencies following a meeting of central bankers in Jackson Hole over the weekend which gave no clue on monetary policy.

Silverlake Axis's Q4 profit down 58%

SILVERLAKE Axis Ltd (SAL) on Friday said Q4 FY2017 profit fell 58 per cent to RM32.7 million (S$10.4 million) from a year ago, as customers deferred and reduced IT capital expenditures amid uncertainties in the region.