Articles by Boby Michael

Email : editor@ibtimes.sg

Singapore's DBS among banks in bid to buy Barclays' Asian wealth unit

DBS says Q4 net drops 9% as more funds kept aside for bad loans, full year net down 2%, shares up

The DBS has proposed a final dividend of 30 Singapore cents a share and for a full-year dividend of 60 Singapore cents.

Feb 16, 2017

Australian dollar near 3-month high as jobless rate dips from 6-month high

Aussie is now just 33 pips away from a 10-month high and 54 pips near 21-month high.

Feb 16, 2017

Taiwan GDP growth rate rises to 2-year high; currency strongest in 8 months

Taiwanese economy expanded 2.88% from a year earlier in the three months to December.

Feb 15, 2017

Stock rotation to continue as Fed seen open to 2016 hike

Dollar at 1-month high vs euro, multi-week highs vs yen and franc on Yellen rate hike remarks

The US is expected to continue to expand at a moderate pace and waiting too long to raise rates would be unwise, Yellen said on Monday.

Feb 15, 2017

Singdollar off 2-week low, NZ currency strengthens as food price inflation rises

Food inflation in New Zealand went up 1.4% year-on-year in January to its highest since March 2015.

Feb 14, 2017

2 Singaporeans charged in Australia for dealing with criminal proceeds

Australian dollar shrugs off China inflation, edges near 3-month high on NAB data

The business confidence index released by National Australia Bank has jumped to a three-year high of 10.0 in January from 6.0 in December.

Feb 14, 2017

China inflation soars to 32-month high fuelling worries of further PBoC tightening

The CPI jumped 2.5% y-y in January, its highest since May 2014, beating consensus of 2.4%, and up from December rate of 2.1%

Feb 14, 2017

Singapore sets up Data Analytics Group, picks up Azendian founder Hardoon as head

The DAG will lead MAS' efforts to harness the power of data analytics to unlock insights and enhance the supervision of financial institutions.

Feb 13, 2017

Singapore to launch blockchain technology for interbank payments

Singapore central bank to boost funding for next generation growth companies

The MAS said it wants to strengthen financing channels for next-generation Asian growth companies and build technology infrastructure to drive innovation.

Feb 13, 2017

Singapore dollar stays near two-week low ahead of crucial data

Retail sales and trade data for January and final print for Q4 GDP are the data slated for this week.

Feb 13, 2017

IBT-SG FX Week: All majors down with kiwi falling most; China data, oil rally help Canada, Aussie dollars pare losses

China's trade surplus is up to 1-year high, RBNZ says exchange rate higher than required and oil was up on fresh EIA output assessment.

Feb 11, 2017

Philippines peso slides to 20-day low as trade gap stays near record low, BSP hikes inflation forecasts

The trade gap was $2.564 bln in December, near November's 10-month low of $2.566 bln and January's all-time low of $2.638 bln

Feb 10, 2017

RBA cuts Australia GDP forecasts; IMF says policy needs to stay accommodative

The growth forecast for the year to June 30 was cut by 1% to 1.5-2.5% and the 2018 growth to 2.75%-3.75%, down 0.25 %, from the November forecast.

Feb 10, 2017

Indian rupee at 3-month high after RBI holds rates, charts suggest further gains

Charts suggest more upside for the rupee, at least up to 66.60/dollar, in the near term.

Feb 9, 2017

NZ dollar down to 2-week low as RBNZ says exchange rate needs to fall, shares rise as rates held

As expected, the RBNZ has left the official cash rate unchanged at 1.75% at the policy decision on Thursday.

Feb 9, 2017

Australia denies spy programme derailed joint military training with Indonesia

Australian army apologises to Indonesian military for offensive training material

The Indonesian side has accepted the apology but not announced a resumption of the suspended military cooperation yet.

Feb 9, 2017

Malaysian ringgit falls to 2-week low as trade surplus narrows, oil prices slide

The ringgit that rallied 1.3% in January is down 0.4% so far this week.

Feb 8, 2017

Singapore annual jobs growth to 'stabilise' at levels far below previous years: Lim Swee Say

The job addition will be not more than 25,000 to 40,000 in the next three to five years, the Manpower Minister said.

Feb 8, 2017

AECOM to design Singapore-Kuala Lumpur HSR: LTA

The estimated delivery date for the S$24.6 million worth contract is Oct 1, 2018.

Feb 8, 2017

Asia stocks higher tracking Wall Street gains, Singapore dollar down

Technically, the Singapore dollar could fall back to a multi-year low in a few weeks if the US currency keeps its momentum.

Feb 8, 2017

1 2 3 4 5 6 7 8 9