Singapore banks unlikely to surprise at Q1 earnings, but expect upside from delayed rate cuts: analysts
SINGAPORE’S local banks are unlikely to surprise in their earnings for the first quarter of 2024. But a potential delay ...
Tag: Banks
Europe: Stoxx 600 logs best day in three months as banks shine
Europe’s benchmark stock index had its biggest one-day gain in more than three months on Friday (Apr 26), propelled by ...
Thai banks cut rate for some borrowers after push from PM
Thailand’s biggest commercial banks agreed to temporarily lower borrowing costs for vulnerable groups and small businesses, following an appeal by ...
Europe: Stoxx 600 falls on banks drag; tech contains losses on ASMI boost
EUROPE’S benchmark stock index dropped on Wednesday (Apr 24) as financials sagged on disappointing earnings from Swedish lender Handelsbanken, while ...
Singapore stocks extend gains on Tuesday led by banks; STI up 1.5%
SINGAPORE stocks extended gains on Tuesday (Apr 23), as local banks led gains on the benchmark Straits Times Index (STI). The ...
Thai PM asks banks to lower interest rates to help economy
THAILAND’S Prime Minister Srettha Thavisin on Tuesday said he had asked the country’s four largest lenders to lower interest rates ...
Singapore banks lead market surge again on easing Middle East tensions; STI up 1%
SINGAPORE stocks opened stronger on Tuesday (Apr 23) following overnight gains on global markets as easing tensions in the Middle ...
From airport lounge access to dining deals: How banks can attract customers with travel perks
The global travel industry is witnessing a resurgence, surpassing pre-pandemic levels with an expected 4.7 billion people projected to travel ...
Chinese banks hold lending rates with yuan under pressure
BANKS in China maintained their benchmark lending rates on Monday (Apr 22), following the Chinese central bank’s recent decision to ...
Japan banks’ capital sufficient to withstand stresses, BOJ says
JAPANESE banks have improved their resilience to rising interest rates by rebalancing their domestic bond portfolios, the Bank of Japan ...
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