GREAT Eastern Holdings on Monday posted a net profit of S$232.3 million for the second quarter ended June 30, 2021, 22 per cent lower than the S$297.5 million a year ago.
WITH regulatory caps on their dividends now lifted, the three Singapore banks are widely expected to lift their payouts when they report their second-quarter results.
PRIVATE insurers offering Integrated Shield (IP) policies have staged a turnaround in their underwriting results for 2020, after years of losses since around 2016.
SINGAPORE bank lending in June logged the fastest monthly growth since March 2018, up 1.5 per cent to S$703.92 billion as business loans gain further momentum.
THE Malaysia operation of iFast Corporation, iFast Capital, has launched stockbroking services for US and Hong Kong-listed securities for the Malaysia market, the online brokerage said in a bourse filing on Friday.
SINGAPORE bank DBS and Temasek on Friday announced that they have entered into an agreement to jointly launch a US$500 million growth stage debt financing platform.
BANK lending in Singapore grew 1.5 per cent in June, lifted mainly by stronger demand for business loans, data from the Monetary Authority of Singapore showed on Friday.
WHOLESALE market participants are being encouraged to "substantially shift" out of any legacy swap offer rate (SOR) exposures by Dec 31, while the retail market is expected to take a longer transition period from September till October 2022.
