Profit up 49% for SE Asia's biggest bank
Southeast Asia's biggest bank DBS Group says net profit climbed 49 per cent in the third quarter from the previous year, as interest and fee income rose and allowances tumbled.DBS earned 563...
AAP -
Friday November 6, 2009, 3:52 pm
AMP buys Singapore property trust stake
Australia's biggest wealth manager AMP Ltd has bought a stake in a Singaporean real estate trust for $S54.1 million ($A42.6 million) as it aims to take advantage of the higher returns available...
AAP -
Friday November 6, 2009, 11:59 am
Asia's Rebound Expanding
Last week it was China confirming solid growth in the third quarter, the week before it was Singapore pointing out that its economy was seeing the same positive forces. Australia has avoided the...
Australasian Investment Review -
Tuesday October 27, 2009, 8:34 am
More Figures Confirm China's Economic Bounce
More good news from China as the recovery gathers pace. In fact the rebound in the economy, thanks to the $US585 billion stimulus package, is maturing well, with imports telling us domestic...
Australasian Investment Review -
Friday October 16, 2009, 8:40 am
Singapore's OCBC buys ING's Asia private banking arm
SINGAPORE, Singapore (AFP) - The Oversea-Chinese Banking Corp (OCBC) Thursday announced the purchase of Dutch lender ING's Asian private banking business, boosting Singapore's share of the growing...
AFP Finance News -
Thursday October 15, 2009, 6:57 pm
Singapore's DBS pulls out of bid for ING assets
SINGAPORE (AFP) - Southeast Asia's biggest bank DBS Group Holdings has pulled out of a bid to acquire the Asian private banking assets of Dutch lender ING, a source close to the matter said on...
AFP Finance News -
Wednesday October 14, 2009, 12:27 am
Singapore's Economy On The Mend
More signs that the Asian region is out of the slump with Singapore lifting its 2009 growth forecast after GDP grew for a second consecutive quarter. The country's trade ministry...
Australasian Investment Review -
Tuesday October 13, 2009, 8:19 am
Asian recovery hopes boosted by Singapore growth
SINGAPORE (AFP) - Singapore's economy grew 0.8 percent in the three months to September from a year ago, official estimates showed Monday, boosting recovery hopes in other Asian economies hit by the...
AFP Finance News -
Monday October 12, 2009, 6:53 pm
Singapore economy grows 0.8 percent in Q3: govt
SINGAPORE (AFP) - Singapore's economy grew by an estimated 0.8 percent in the three months to September from a year ago, cementing the city-state's recovery from its worst recession, official figures...
AFP Finance News -
Monday October 12, 2009, 12:40 pm
Gold Up, But The US Dollar Is Not That Weak
Gold's rally this year to numerous record highs shows investors remain unconvinced that the economic recovery in the US, Europe, Japan and other major economies won't send inflation...
Australasian Investment Review -
Friday October 9, 2009, 8:25 am
ASX To Go Green Trading
Later this year we will be able to trade in renewable energy futures and options contracts on the ASX, so if you are green and numerate (as people at Macquarie Bank undoubtedly are) there's...
Australasian Investment Review -
Thursday October 8, 2009, 8:13 am
