UPDATE: OCBC in talks with Singtel on virtual bank licenses: Bloomberg
OCBC is in talks with Singtel and others about seeking one of Singapore’s planned virtual banking licenses, Bloomberg reported Wednesday, citing sources.
OCBC
Credit Suisse turning even more cautious on Singapore’s market
Credit Suisse said it’s turning more cautious on the Singapore market, forecasting the city-state’s economic growth would slow to just 0.5 percent in 2019.
UPDATE: Singapore stocks to watch Friday: UOB, OCBC, CRCT, Hi-P, Dairy Farm, Ezion, Chip Eng Seng
These are Singapore stocks which may be in focus on Friday, 2 August 2019: UOB, OCBC, CRCT, Hi-P, Dairy Farm, Ezion and Chip Eng Seng.
UPDATE: OCBC reports 2Q net profit rose 1 percent, beating forecasts despite lower Great Eastern income
OCBC reported Friday its 2Q19 net profit rose 1% on-year to S$1.22B as record earnings from the bank offset lower income contributions from Great Eastern.
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.
Great Eastern reports 2Q19 net profit dropped 29 percent
Great Eastern said Thursday its 2Q19 net profit dropped 29% on-year to S$169M on lower non-operating profit and lower profit from the shareholders’ fund.
Singapore stocks to watch Friday: Keppel, SATS, ThaiBev, OCBC, Prime US REIT
These are Singapore companies which may be in focus on Friday, 19 July 2019: Keppel, SATS, Thai Beverage, OCBC, Prime US REIT and AA REIT.
Singapore share buybacks Thursday: OCBC, Olam, Trek 2000, Straits Trading
These are Singapore companies which announced share buybacks on Thursday, 11 July 2019: OCBC, Olam, Trek 2000, Straits Trading and Stamford Land.
Singapore share buybacks Wednesday: OCBC, Olam, Stamford Land, Straits Trading
These are Singapore companies which announced share buybacks on Wednesday, 10 July 2019: OCBC, Olam International, Stamford Land and Straits Trading.
Singapore share buybacks Tuesday: OCBC, Olam, Kimly, Stamford Land
These are Singapore companies which announced share buybacks on Tuesday, 9 July 2019: OCBC, Olam, Kimly, Stamford Land and Straits Trading.
Singapore share buybacks Monday: OCBC, Olam, Stamford Land, Straits Trading
These are Singapore companies which announced share buybacks on Monday, 8 July 2019: OCBC, Olam, Stamford Land and Straits Trading.
Singapore share buybacks Thursday: OCBC, Olam, CDW, Global Investments
These are Singapore companies which announced share buybacks on Thursday, 4 July 2019: OCBC, Olam, CDW, Global Investments and Singapore Shipping.
Singapore share buybacks Wednesday: OCBC, Olam, KSH, Global Investments
These are Singapore companies which announced share buybacks on Wednesday, 3 July 2019: OCBC, Olam International, KSH Holdings and Global Investments.
Singapore share buybacks Tuesday: OCBC, Olam, Global Investments
These are Singapore companies which announced share buybacks on Tuesday, 2 July 2019: OCBC, Olam, Global Investments and Singapore Shipping.
Singapore share buybacks Monday: Olam, OCBC, Stamford Land
These are Singapore companies which announced share buybacks on Monday, 1 July 2019: Olam International, OCBC and Stamford Land.
Maybank KE: Singapore banks may benefit from trade war fallout
Singapore banks are seeing rising credit demand from trade-related sectors, suggesting Southeast Asia is benefiting from the trade war, Maybank KE said Monday.
DBS: This is who will benefit from new digital banking licences
Small-to-medium sized enterprises (SMEs) are likely to benefit from Singapore’s move to allow digital banks into the market, DBS said in a note Monday.
UPDATE: Singapore stocks to watch Monday: Banks, CapitaLand, Temasek, Keppel, SIA, Suntec REIT
These are Singapore companies that may be in focus on Monday, 1 July 2019: Banks, Temasek, Singapore Airlines and Hyflux.
Singapore central bank to issue up to five new digital bank licences
The Monetary Authority of Singapore said Friday it would issue up to five new digital bank licences, opening the banking sector to non-bank players.
UDPATE: Singapore share buybacks Thursday: OCBC, Olam, Stamford Land, KSH, Global Palm, Jardine Strategic
These are Singapore companies which announced share buybacks on Thursday, 27 June 2019: OCBC, Olam, Stamford Land, KSH and Global Palm Resources.
Singapore share buybacks Wednesday: OCBC, Olam, Japfa, Stamford Land, Global Palm
These are Singapore companies which announced share buybacks Wednesday, 26 June 2019: OCBC, Olam, Japfa, Stamford Land and Global Palm Resources.
UPDATE: Singapore share buybacks Tuesday: OCBC, Olam, Stamford Land, Jardine Strategic
These are Singapore companies which announced share buybacks on Tuesday, 25 June 2019: OCBC, Olam International and Stamford Land.
Singapore share buybacks Monday: OCBC, Olam, Stamford Land, Koufu, Global Palm
These are Singapore companies which announced share buybacks on Monday, 24 June 2019: OCBC, Olam, Stamford Land, Koufu and Global Palm Resources.
UPDATE: Singapore share buybacks Thursday: OCBC, Olam, Keppel REIT, Stamford Land, KSH
These are Singapore companies which announced share buybacks on Thursday, 20 June 2019: OCBC, Keppel REIT, Olam, KSH Holdings and Stamford Land.
Singapore share buybacks Wednesday: OCBC, Olam, Keppel REIT, Global Palm, Stamford Land
These are Singapore companies which announced share buybacks Wednesday, 19 June 2019: OCBC, Olam, Keppel REIT, Stamford Land and Global Palm Resources.
Singapore share buybacks Tuesday: OCBC, Olam, Boustead Singapore, Stamford Land
These are Singapore companies which announced share buybacks Tuesday, 18 June 2019: OCBC, Olam International, Boustead Singapore and Stamford Land.
Singapore share buybacks Monday: OCBC, Olam, Jardine Strategic, Stamford Land, Boustead Singapore
These are Singapore companies which announced share buybacks on Monday, 17 June 2019: OCBC, Olam, Stamford Land, Jardine Strategic and Boustead Singapore.
Maybank KE: Singapore banks’ share buybacks signal value is emerging
Singapore banks have increased their share buybacks even as their stocks have dropped, signaling emerging value, Maybank KimEng said Friday.
