SINGAPORE banks' capital ratios should be sustained at around 14 per cent over the next few years, or they risk triggering a rating downgrade, warned Fitch Ratings.
SINGAPORE's bank lending extended its slide for the fifth straight month in July, dipping 0.2 per cent to S$678.7 billion from the previous month on general weakness in business loans.
WITH the US elections looming, a Trump presidency is not necessarily better for the US dollar (USD), while a Biden administration may not be as USD-negative as believed, OCBC Treasury Research said in a research note on Friday.
INVESTMENT holding company LionGold Corp said on Monday that it plans to seek shareholders' approval to transfer its domicile from Bermuda to Singapore, change its name, and diversify into fund management and investment.
SINGAPORE banks' capital ratios should be sustained at around 14 per cent over the next few years, or they risk triggering a rating downgrade, warned Fitch Ratings.
THE Singapore Exchange (SGX) has signed a memorandum of understanding with Chinese securities brokerage house GF Securities Corporation to promote greater connectivity between Singapore and China's capital markets, SGX said on Monday.
CGS-CIMB has downgraded Singapore-based wealth management and brokerage platform iFast Corp to "hold" from "add", although it increased the target price to S$2.44, from S$1.85 previously.
WITH the US elections looming, a Trump presidency is not necessarily better for the US dollar (USD), while a Biden administration may not be as USD-negative as believed, OCBC Treasury Research said in a research note on Friday.
