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THE unemployment rate and the number of redundancies in Singapore increased from March to June this year, according to the Manpower Ministry's (MOM) preliminary labour market data for the second...

SWIBER SHOCK

DBS has a total exposure of about S$700 million to the Swiber group of companies, and expects only half of this to be recovered because the exposure is only partially secured.

SWIBER SHOCK

THE share price of Catalist-listed Vallianz Holdings collapsed on Thursday morning before recovering slightly, while other offshore and marine (O&M) counters fell on shocking news that Swiber...

COMMENTARY

IT is quite possible that the most shocking news from oil services firm Swiber Holdings - there were lots where that came from this week, leading to a climax on Thursday - was not that it has lost...

THE Federal Reserve has left interest rates unchanged while saying risks to the US economy have subsided and the labour market is getting tighter, suggesting conditions are getting more favourable...

BANK EARNINGS

AMID a "roller coaster ride" in global markets fanned by a commodity slump, slowing China and Brexit uncertainties, United Overseas Bank (UOB) posted a 5 per cent increase in second-quarter...

BANK EARNINGS

OCBC Bank - which reported a 15 per cent fall in second-quarter net profit - has seen deepening issues in the oil-and-gas sector amid the oil rout, but does not see the stress broadening out, for now...

BANK EARNING

OCBC Bank is not unduly concerned over the tougher scrutiny from Singapore regulators following the 1MDB scandal that has rocked the Singapore financial sector, the chief executive of the bank has...

THE Bank of Japan is under intense political and market pressure to announce bold monetary actions on Friday after a government announcement on Wednesday that it had planned a fiscal stimulus...

GRAB on Thursday unveiled the first two of its satellite GrabTaxi driver-support centres under an ongoing commitment to serve its drivers - a move which an observer said shows the Singapore-based...