Featured Archives • Page 1300 of 1422 • Financial News

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PSA International unit prices S$500m 10-year notes at 1.63%

PSA Treasury, a wholly-owned subsidiary of Singapore’s port and terminal operator PSA International, will issue at par S$500 million worth of guaranteed notes maturing in 2030.

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ECB needs to look beyond banking giants for signs of financial risk lurking within the system

SINCE taking over as the euro zone's main banking supervisor, the European Central Bank has spearheaded efforts to reduce the amount of bad loans that had cumulated throughout the great recession and the euro zone sovereign debt crisis.

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Singapore banks extend slump in afternoon session; Sibor falls

SHARES of Singapore banks extended their slump in the afternoon trading session, with the Singapore interbank offer rate (Sibor) also falling following the emergency Fed rate cut earlier this month.

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Singapore banks close at new 52-week lows; Sibor falls

SHARES of Singapore banks closed on Monday at new 52-week lows, with the Singapore interbank offered rate (Sibor) also falling following the emergency Fed rate cut earlier this month over the novel coronavirus outbreak.

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Mapletree Investments gets 200m euro sustainability-linked OCBC loan

MAPLETREE Investments has obtained a 200 million euro (S$310 million) sustainability-linked loan from OCBC Bank, which will be used for general working capital and corporate funding purposes.

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DBS CEO Piyush Gupta 2019 pay up 2% to S$12.1m

DBS Group Holdings chief executive Piyush Gupta had his 2019 pay rise just about 2 per cent to S$12.13 million, the bank's latest annual report on Monday showed, with 2019 marking his 10th year at Singapore's largest bank. 

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Citi downgrades Singapore banks to ‘sell’

CITI Research on Monday downgraded the Singapore banks to "sell", seeing further material downside on the trio's share prices as the bank-brokerage expects short-term Fed interest rates to hit and stay at zero for much of the next nine months.

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Citi downgrades Singapore banks to ‘sell’; trio down 4%

CITI Research on Monday downgraded the Singapore banks to "sell", seeing further material downside on the trio's share prices as the bank-brokerage expects short-term Fed interest rates to hit and stay at zero for much of the next nine months.

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UOB, Prudential launch account with insurance

UNITED Overseas Bank (UOB) and Prudential Singapore have launched a savings account that offers complimentary medical insurance for six female-related cancers, believed to be the first such a savings plan in Singapore.

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Heeding his calling

WORK in a call centre, fielding calls from time-pressed and typically irate clients, is typically dismissed as a dead-end, tedious job. But Dan Watkins, Asia Pacific chief executive of JP Morgan Asset Management, is proud of his humble start in asset management more than two decades ago....

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