HOCK LOCK SIEW

Banks' gender diversity efforts skewed by digital make-up

ANOTHER year, and there hasn't been much progress in improving diversity among the three local banks...

DBS ramps up project finance deals on Asia infrastructure

DBS Bank is beefing up its project finance team to get a share of Asia's huge infrastructure development needs. ...

HSBC Singapore beefing up commercial banking division

HSBC Singapore is ramping up its commercial banking division to support companies expanding in Southeast Asia.

Cash-flush investors zoom in on DBS' S$1b of perps

FLUSH with cash and desperate for safer assets, investors are making a beeline for local banks' bond sales...

DBS sets Singapore-dollar perpetual final price guidance at 3.98%

DBS Group Holdings has set its final price guidance for its Singapore-dollar perpetual NC7 AT1 issue at 3.98 per cent, down from the initial price guidance of 4.375 per cent, following sizzling demand.

Singapore 'can be conduit for capital, trade, technology into Africa'

SINGAPORE can play a pivotal role in helping Africa access critically needed capital, says the regional chief executive for Africa and the Middle East for Standard Chartered Bank.

IFA clarifies recommendation for Wheelock offer

PRIMEPARTNERS Corporate Finance, the independent financial adviser (IFA) to the recommending directors, has clarified its advice on the offer to take Wheelock Properties (Singapore) private as "fair and reasonable"...

IFA clarifies recommendation for Wheelock offer

PRIMEPARTNERS Corporate Finance, the independent financial adviser (IFA) to the recommending directors of Wheelock Properties (Singapore), has clarified its advice on the offer to take the company private as fair and reasonable.

Singapore debt market deepens with Asian Bond Grant Scheme

THE Singapore corporate debt market continues to grow and deepen, with an extra boost from the Asian Bond Grant Scheme.
HOCK LOCK SIEW

DBS or UOB, why not both?

FIVE months ago in April at United Overseas Bank's annual shareholder meeting, one investor lamented that the stock price had fallen behind rival DBS Group Holdings. The share price of Southeast Asia's biggest bank used to lag UOB until DBS upped its dividend early this year...

Banks and consumers are top performers: SGX

BANKS and consumers are the best performing stocks among those with over S$1 billion market cap.
BT EXCLUSIVE

Borrowers feel rate hike pinch as banks step up mortgage repricing

AS interest rates hit a 10-year high, banks are increasingly firing off missives to home loan borrowers informing them that their loans have been repriced.

SGD savings deposit growth flatlining as depositors seek options

SAVINGS deposits' growth is plateauing as alternative instruments lure consumers with higher payouts for Singapore-dollar funds...

Asia drives Prudential plc H1 results again

PRUDENTIAL plc has posted a 9 per cent rise in operating profit driven by its Asian business for H1 2018.

SGD bond issues jump 147% in July, but YTD figure still weak

THE Singapore dollar bond market drought may be ending if July's activity is anything to go by - volume sold more than doubled due to a big boost from government-linked issues, including a rare 40-year issue by the Land Transport Authority (LTA)...

UOB posts sparkling Q2 earnings, but CEO expects home loans and home prices to slide

GOOD news was announced at UOB's Q2 earnings briefing on Friday, despite its chief executive Wee Ee Cheong projecting a drop in home loans and the prospect of housing prices falling over time as last month's property measures hit home...

UOB sees housing prices falling 5-10% over time; keeps 2018 home loan growth forecast

UOB chief Wee Ee Cheong said housing prices could fall 5-10 per cent in time, following the recent property cooling measures by the government, calling it his "gut feel". ...

DBS trims property loans growth by S$1b; Q2 net up 18%

DBS Group Holdings, the nation's largest mortgage provider, has dialled back its property loans growth forecast by S$1 billion, given that last month's cooling measures are expected to hit sentiment...

Relearning the ropes

DBS GROUP HOLDINGS is on a roll. Singapore's largest listed company (by total market value) has become an investor's must-hold and features in many fund managers' portfolios. ...
TEMASEK REVIEW 2018

Temasek may slow investments as near-term risks emerge

TEMASEK Holdings warned of increased near-term downside risks and said it could slow its investment pace, even as buoyant stock markets lifted its portfolio worth to a record high while one-year return came in at 12.19 per cent for the financial year ended March 31, 2018.
TEMASEK REVIEW 2018

Temasek pumps more into early-stage firms in agribusiness, healthcare and digital media

TEMASEK has been increasing its investments in several early-stage companies in agribusiness, healthcare and digital media, as it recognises that technological advances, demographic shifts and changing consumption patterns are creating new opportunities.

Temasek returned 12% in FY18, but warns of near-term risks

TEMASEK Holdings warned of increased near-term downside risks even as buoyant stock markets lifted its portfolio to a 12.19 per cent one-year return for the financial year ended March 31, 2018.
PROPERTY CURBS

Slower growth in home loans expected from cooling measures

HOME buyers will be hit hard by the latest property cooling measures since the lower borrowing limits require them to stump up a lot more cash, say bankers.
MAS ANNUAL REVIEW

Singapore 2018 growth holding steady despite rising trade friction: MAS chief

SINGAPORE's economy should continue to expand in 2018 although protectionism risks have risen, said Ravi Menon, Monetary Authority of Singapore managing director...

MAS warning of 'euphoria' puts Singapore property market on notice

SINGAPORE's hot property market has been put on notice. For the second time in eight months, the central bank is warning of a bubble building up and cautioning developers, banks and home buyers to proceed with care...