Singapore shares skid 0.9% on HK violence, Trump disappointment

13 Nov 2019 - The Business Times
WITH the trading week heading into the home stretch, it's clear investors are facing another volatile week of trading, with more US-China trade deal uncertainty and increasingly chaotic scenes in Hong Kong the key factors denting sentiment on Wednesday. The local benchmark and its regional brethren predictably ...
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Singapore stocks: STI resumes Wednesday afternoon down 0.64% on day

13 Nov 2019 - The Business Times
SINGAPORE stocks resumed trading on Wednesday afternoon weaker, with the Straits Times Index down 0.64 per cent or 20.88 points to 3,246.92 on the day as at 1.04pm, as Asian markets continued to tread in negative territory. On the Singapore bourse, decliners outnumbered advancers 206 to 131, after about ...
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Singapore shares open lower on Wednesday; STI down 0.38%

13 Nov 2019 - The Business Times
SINGAPORE shares started Wednesday lower following a mixed US trading session overnight. The Straits Times Index pared some of its Tuesday gains, losing 12.41 points or 0.38 per cent to 3,255.39 as at 9.05am. Losers outnumbered gainers 80 to 66, after 70.3 million securities worth S$66.2 million changed ...
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Singapore's big three banks averaged total return of 12% YTD

13 Nov 2019 - Singapore Business Review
DBS, OCBC and UOB have averaged an 8% YTD growth in net profit to a combined $11.85b. DBS Group (DBS), Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank (UOB) have posted an average total return of 12% YTD and 5% in Q3, outpacing the 7% YTD average total returns of Asia Pacific’s largest 100 ...
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Daily Markets Briefing: STI up 0.84%

13 Nov 2019 - Singapore Business Review
United Engineers led the gains amongst top active stocks with a 1.89% rise. The Straits Times Index ended 27.15 or 0.84% higher at 3,267.80. The top active stocks were United Engineers, which jumped 1.89%, DBS, which climbed 0.34%, UOB, which grew 0.6%, OCBC Bank, which expanded 0.54%, and Singtel with ...
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Singapore stocks: STI resumes Tuesday afternoon up 0.37% on day

12 Nov 2019 - The Business Times
SINGAPORE shares held onto their gains as trading resumed on Tuesday afternoon, with the Straits Times Index up 0.37 per cent, or 11.94 points to 3,252.59 as at 1pm. Gainers outnumbered losers 177 to 133, after about 804.9 million shares worth S$572.9 million changed hands. Among the most heavily traded ...
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Singapore shares rise at Tuesday's open despite HK, trade woes; STI up 0.38%

12 Nov 2019 - The Business Times
SINGAPORE equities advanced in early morning trade on Tuesday, recovering from the previous day’s losses, despite a fresh escalation of violence in Hong Kong and lingering uncertainty over progress towards a US-China trade deal. The Straits Times Index (STI) rose 0.38 per cent or 12.33 points to 3,252.98 ...
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US-China trade doubts, HK unrest spook investors

12 Nov 2019 - The Business Times
SINGAPORE equities got the week off to a rough start after doubts surrounding US-China trade talks surfaced and tensions in Hong Kong were at fever pitch once again. The Straits Times Index (STI) could not shrug off those concerns despite better-than-expected earnings from DBS Group... To continue reading ...
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DBS has solid Q3, but faces margin squeeze

12 Nov 2019 - The Business Times
Singapore SOUTH-EAST Asia's largest lender DBS will not be able to meet its 2019 net interest margin (NIM) growth forecast that it had guided for earlier, as the three interest rate cuts by the US Federal Reserve this year took the bank by surprise. In its third-quarter results briefing on Monday, DBS ...
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Public healthcare agencies to adopt SGQR payments by end-2020

12 Nov 2019 - The Business Times
Singapore DBS Bank is working with Singapore's public healthcare system to move all public hospitals, specialty centres and polyclinics onto the nation's unified payment code, Singapore Quick Response Code (SGQR), by the end of next year. In a phased approach to encourage a gradual... To continue reading ...
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