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The earnings still beat the $1.86 billion forecast by analysts in a Bloomberg poll. Read more at straitstimes.com. Read more ...
Chinese Banking Corp (OCBC), Singapore's second largest bank, maintained 2025 guidance and set aside credit allowances, ...
During the quarter, the bank said that net interest income fell 4% on the year, to S$2.35 billion, while non-interest income rose to S$1.31 billion from 1.19 billion.
OCBC's 1QFY2025 net profit of $1.88 billion meets expectations, boosted by fee and trading income, and GEH's contributions.
SINGAPORE] OCBC’s net profit for the first quarter fell on lower net interest income and higher operating expenses. Read more ...
Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday a 5% decline in net profit in the first quarter, the first drop since the first quarter of 2022, mainly on lower ...
Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday a 5% decline in net profit in the ...
We believe DBS Group has a narrow economic moat, attributable to cost advantage in funding costs and operations, as well as switching costs for customers. In its home market of Singapore, DBS has ...
Venture Corp was the top gainer on the index, while Mapletree Logistics Trust led the losers. Read more at straitstimes.com.
SINGAPORE] Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s ...
The Singapore dollar has shown remarkable resilience in recent months, defying expectations with its steady appreciation against the US dollar. Analysts now suggest that parity between the two ...
The Singapore dollar (SGD) has been making waves in the foreign exchange market, with analysts predicting further strengthening against the US dollar (USD). Recent reports suggest that the SGD could ...