11/12/2020
Analysis: Bottoming out - Singapore banks' earnings upgrades signal turning point for sector
The local banks reported lower-than-expected declines in quarterly profits last week, supported by gains in wealth management fees.
11/12/2020
The local banks reported lower-than-expected declines in quarterly profits last week, supported by gains in wealth management fees.
11/11/2020
Another risk is the surge in borrowing as government’s seek to prop up pandemic-hit economies, even with many balance sheets already stretched.
11/11/2020
Other concerns include performance and a lack of transparency, according to a Schroders survey.
11/11/2020
facebook sharing buttonlinkedin sharing buttontwitter sharing buttonemail sharing button The Industry has seen a proliferation of new data providers but this does not necessarily mean knowledge and understanding has improved.
11/11/2020
The impact of COVID-19 also accelerated several ongoing trends in Asia’s payments landscape
11/10/2020
The HKMA has long cherished our close partnership with the IFC, especially since the setting up of its East Asia and Pacific Regional Office in Hong Kong in 2000.
11/10/2020
The survey recorded the findings of close to 250 SMEs in three industry sectors most acutely affected by COVID-19 – retail; food and beverage; and building and construction.
11/10/2020
Total bank lending rose 6.2% in October from the same month a year earlier, slower than a 6.4% gain in September, BOJ data showed on Tuesday.
11/10/2020
The rejection rate in the central region of the country rose 30 percent while in the North it jumped between 40 to 50 percent, according to the report.
11/10/2020
Operating revenue, at RM107.65 million, was lower than the RM119.19 million a year ago.
11/09/2020
COVID-19 is reshaping the emotional needs of Australian consumers and, subsequently, their purchasing behaviour.
11/09/2020
The growth is primarily contributed by household sector financing, which increased by 8.7 per cent to RM490.9 billion, mainly for the purchase of residential properties, it noted.
11/09/2020
A higher yen hurts Japanese exporters by making their products less competitive overseas.
11/09/2020
Some analysts saw the move as an attempt by Beijing to humble a company that had become too powerful and a leader who had become too outspoken.
11/09/2020
Asia has been a focus for the global growth in wealth over the past two decades, thanks in part to the region’s flourishing economy and rapid infrastructure development.
11/09/2020
It has used some of its cash to buy back shares as well as invest in US-listed stock and equity derivatives to ride an uplift in tech valuations during the quarter.
11/06/2020
While the major banks had been resilient and avoided a worst-case scenario through strong balance sheets that acted as shock absorbers during the economic downturn, they still have “a big job” ahead of them, KPMG believes.
11/05/2020
NAB as a whole was also impacted heavily by the operating environment, market volatility and interest rate cuts by the Reserve Bank.
11/05/2020
Indonesia has fallen into its first recession in 22 years as the coronavirus pandemic continues to take it toll.
11/04/2020
A new study highlights a need for Singaporeans, particularly the younger generation, to take their susceptibility to severe disability seriously and better prepare for potential long-term healthcare needs