These are Singapore companies which announced share buybacks on Wednesday, 4 December 2019: DBS, OCBC, Keppel REIT, ST Engineering and Sembcorp Industries.
These are Singapore companies which may be in focus on Monday, 2 Dec. 2019: ThaiBev, Lendlease Global Commercial REIT, DBS, Temasek, OCBC and No Signboard.
Tiong Seng secured a total of S$125M in green loan and environmental performance-linked facilities from OCBC and DBS, the construction company said Monday.
OCBC Bank said Monday it entered a tie-up with Google to to allow its customers to use the Google Pay app to make account-to-account PayNow fund transfers.
DBS reported Monday its third quarter net profit climbed 15 percent on-year to S$1.629 billion, on record fee income and higher trading gains.
Goldman Sachs upgraded DBS to Buy from Neutral, citing its attractive yield and reasonable valuation.
Mapletree Commercial Trust said Monday it obtained a S$670 million green loan to partially finance its acquisition of Mapletree Business City Phase 2.
Overseas lending, particularly business loans, is a key variable in determining whether Singapore banks’ NPLs tick higher, Maybank KimEng said.
These are Singapore companies and news which may be in focus on Thursday, 12 September 2019: HKEx, SGX, Keppel DC REIT, Sunpower Group and Synagie.
DBS’s NIM is set to narrow in the quarters ahead, pinching earnings, as the Fed appears set to cut rates at least once more, RHB said in a note Friday.
These are Singapore companies which may be in focus on Friday, 6 September 2019: Mapletree Commercial Trust, HPHT, DBS and Keppel-KBS US REIT.
City Developments said Wednesday it has received a S$250 million loan based on the U.N. Sustainable Development Goals (SDG) from DBS.
These are Singapore companies which may be in focus on Monday, 2 September 2019: DBS, Frasers Property, Ascott Residence Trust and CRCT.
These are Singapore companies which announced share buybacks on Monday, 26 August 2019: DBS, Yangzijiang, SPH, Stamford Land and Maxi-Cash.
DBS topped profit forecasts after its net interest margin rose more than forecast, but it isn’t clear if OCBC and UOB can match the performance.
These are analyst calls after DBS reported Monday its second quarter net profit jumped 20 percent on-year, beating expectations.
RHB downgraded DBS to Neutral from Buy on expectations the bank’s net interest margin (NIM) likely hit its peak in the second quarter.
Maybank KimEng downgraded DBS to Hold from Buy, citing increased uncertainty from slower economic growth, potential rate cuts and “souring asset quality.”
The U.S. Federal Reserve may be set to cut rates ahead, but DBS CEO Gupta was sanguine on the earnings impact for the bank.
DBS reported its second quarter net profit Monday jumped 20 percent on-year to S$1.60 billion on corporate loan growth, a higher NIM and record fee income.