Singapore share buybacks Wednesday: DBS, OCBC, Keppel REIT, ST Engineering, Sembcorp
These are Singapore companies which announced share buybacks on Wednesday, 4 December 2019: DBS, OCBC, Keppel REIT, ST Engineering and Sembcorp Industries.
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UPDATE: Singapore stocks to watch Monday: FCOT, FLT, ThaiBev, Lendlease Global REIT, Oxley, UEL
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 lands S$125 million in green loans
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.
UPDATE: OCBC, DBS tie up with Google Pay for digital payments
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.
UPDATE: DBS reports 3Q19 net profit climbed 15 percent, beating analysts’ forecasts
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 upgrades DBS to Buy from Neutral
Goldman Sachs upgraded DBS to Buy from Neutral, citing its attractive yield and reasonable valuation.
Mapletree Commercial Trust obtains S$670 million green loan
Mapletree Commercial Trust said Monday it obtained a S$670 million green loan to partially finance its acquisition of Mapletree Business City Phase 2.
Maybank KimEng: What matters most for Singapore banks’ non-performing loans
Overseas lending, particularly business loans, is a key variable in determining whether Singapore banks’ NPLs tick higher, Maybank KimEng said.
UPDATE: Singapore stocks to watch Thursday: SGX, HKEx, Sembcorp, Keppel DC REIT, Sunpower, Synagie
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.
RHB: DBS earnings to face squeeze if Fed cuts rates again
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.
UPDATE: Singapore stocks to watch Friday: Mapletree Commercial, HPHT, DBS, Keppel-KBS US REIT
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 obtains S$250 million sustainable development loan from DBS
City Developments said Wednesday it has received a S$250 million loan based on the U.N. Sustainable Development Goals (SDG) from DBS.
UPDATE: Singapore stocks to watch Monday: DBS, Keppel, SembMarine, BreadTalk, Frasers Property
These are Singapore companies which may be in focus on Monday, 2 September 2019: DBS, Frasers Property, Ascott Residence Trust and CRCT.
Singapore share buybacks Monday: DBS, SPH, Yangzijiang, Maxi-Cash, Stamford Land
These are Singapore companies which announced share buybacks on Monday, 26 August 2019: DBS, Yangzijiang, SPH, Stamford Land and Maxi-Cash.
OCBC and UOB: Can Singapore banks pull a net interest margin trifecta?
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.
Analyst briefings: DBS 2Q19 earnings
These are analyst calls after DBS reported Monday its second quarter net profit jumped 20 percent on-year, beating expectations.
RHB downgrades DBS on expectations net interest margins hit their peak
RHB downgraded DBS to Neutral from Buy on expectations the bank’s net interest margin (NIM) likely hit its peak in the second quarter.
DBS downgraded by Maybank KimEng on macro headwinds
Maybank KimEng downgraded DBS to Hold from Buy, citing increased uncertainty from slower economic growth, potential rate cuts and “souring asset quality.”
DBS: This is how much a Fed rate cut could hit earnings
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.
UPDATE: DBS reports 2Q19 net profit jumped 20 percent, beating forecasts
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.