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Anshuman Daga

Singapore banks' results to reflect double whammy of low rates, weak growth

7:05pm EDT

SINGAPORE Singapore banks are likely to report their average net interest margins fell the most quarter-on-quarter in 18 years as interest rates weakened, while profits on the year are seen taking a hit from the impact of the COVID-19 pandemic and weak asset quality.

PREVIEW-Singapore banks' results to reflect double whammy of low rates, weak growth

7:00pm EDT

SINGAPORE, Aug 4 Singapore banks are likely to report their average net interest margins fell the most quarter-on-quarter in 18 years as interest rates weakened, while profits on the year are seen taking a hit from the impact of the COVID-19 pandemic and weak asset quality.

Temasek's $3 billion bid for Keppel at risk as conglomerate reports big loss

Jul 31 2020

SINGAPORE Singaporean conglomerate Keppel Corp swung to a big second-quarter loss on Thursday that breaches a threshold in state investor Temasek Holdings' $3 billion conditional offer to buy control of the company.

UPDATE 2-Temasek's $3 bln bid for Keppel at risk as conglomerate reports big loss

Jul 31 2020

* Bid unlikely to proceed unless pre-conditions waived -analyst (Adds analyst comment in the sixth paragraph)

SGX cautions on market activity after jump in fourth-quarter profit

Jul 30 2020

SINGAPORE Singapore Exchange Ltd (SGX) reported a rise of nearly 17% in net profit for the quarter ending in June, but cautioned that a recent surge in market activity amid the coronavirus pandemic could start easing.

UPDATE 1-Singapore Exchange cautions on market activity after jump in Q4 profit

Jul 30 2020

SINGAPORE, July 30 Singapore Exchange Ltd (SGX) reported a rise of nearly 17% in net profit for the quarter ending in June, but cautioned that a recent surge in market activity amid the coronavirus pandemic could start easing.

Temasek's $3 billion bid in focus as Keppel set to post weak results

Jul 29 2020

SINGAPORE Temasek Holding's $3 billion bid to acquire a controlling stake in Keppel Corp will be under scrutiny on Thursday as a big quarterly profit drop at the conglomerate could raise the risk of the state investor dropping its proposal, analysts said.

UPDATE 1-Temasek's $3 bln bid in focus as Keppel set to post weak results

Jul 29 2020

SINGAPORE, July 29 Temasek Holding's $3 billion bid to acquire a controlling stake in Keppel Corp will be under scrutiny on Thursday as a big quarterly profit drop at the conglomerate could raise the risk of the state investor dropping its proposal, analysts said.

Temasek's $3 bln bid in focus as Keppel set to post weak results

Jul 29 2020

SINGAPORE, July 29 Temasek Holding's $3 billion bid to acquire a controlling stake in Keppel Corp will be under scrutiny on Thursday as a big quarterly profit drop at the conglomerate could raise the risk of the state investor dropping its proposal, analysts said.

Southeast Asian IPOs show tentative revival as issuers brave markets

Jul 29 2020

SINGAPORE/KUALA LUMPUR/HONG KONG A handful of companies from the technology and consumer durables sectors are aiming to launch IPOs in Southeast Asia later this year, pointing to an upturn after pandemic-hit markets and weak economic growth slashed fundraising.

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