News: Oversea-Chinese Banking Corporation Ltd (OCBC.SI)

OCBC.SI on Stock Exchange of Singapore

10.86SGD
23 May 2013
Price Change (% chg)

$-0.27 (-2.43%)
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$11.13
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Mon, Apr 29 2013

Singapore OCBC's Q1 net profit down 16 pct, above forecast

SINGAPORE, April 30 - Oversea-Chinese Banking Corp , Singapore's second-biggest lender, posted a 16 percent fall in first quarter profit, hurt by lower contributions from its insurance unit and weak interest rate margins.

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MOVES-JP Morgan Private Bank, OCBC Bank, Affiliated Managers Group

Feb 21 - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email to moves@thomsonreuters.com.

OCBC's Q4 net profit up 12 pct, above forecast

SINGAPORE, Feb 15 - Oversea-Chinese Banking Corp , Singapore's second-biggest lender, posted a 12 percent jump in fourth quarter net profit due to a rise in fee income and a quadrupling of gains from its insurance unit that offset weak interest margins.

STOCKS NEWS SINGAPORE-Maybank, OCBC raise Keppel Land target price

Maybank Kim Eng raised its target price on Singapore property developer Keppel Land Ltd to S$4.78 from S$4.74 and maintained its 'buy' rating, citing "attractive" valuations.

STOCKS NEWS SINGAPORE-OCBC raises Suntec REIT target price

OCBC Investment Research raised its target price for Suntec Real Estate Investment Trust, which operates commercial properties, to S$1.94 from S$1.70 and kept its 'buy' rating, to factor in better-than-expected fourth quarter results and divestment gains.

STOCKS NEWS SINGAPORE-OCBC ups CityDev target price

OCBC Investment Research raised its target price for property developer City Developments Ltd to S$14.05 from S$13.96 and kept its 'buy' rating, citing higher average selling prices for its residential units.

STOCKS NEWS SINGAPORE-OCBC ups CityDev target price

OCBC Investment Research raised its target price for property developer City Developments Ltd to S$13.96 from S$13.18, and kept its 'buy' rating on the stock, citing healthy demand for some major residential project launches in the next year.

REFILE-STOCKS NEWS SINGAPORE-OCBC raises target on Petra Foods, keeps 'buy'

OCBC Investment Research raised its target price for Petra Foods Ltd to S$3.12 from S$2.98 and maintained its 'buy' rating, saying its valuation premium is justified due to the company's exposure to emerging consumer demand in Asia.

UPDATE 1-Maybank downgrades Olam to 'sell' after fund-raising plan

SINGAPORE, Dec 4 - Maybank Kim Eng downgraded Olam International Ltd to "sell" from "hold" on Tuesday and cut its target price to S$1.42 from S$1.75 after the Singaporean commodities trader announced its fund-raising plan.

TEXT-Fitch: OCBC NISP affirms rating at 'AAA (idn)'

(The following statement was released by the rating agency)

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