News & Events
Oil & gas sector still stinging Singapore banks
DBS Bank closed off the second-quarter results session for Singapore banks with a more muted assessment of its oil and gas (O&G) portfolio, joining its peer OCBC Bank in signalling…
Read MoreCrude Oil Demand Will Grow for Next 10 years
Takayuki Nogami, a chief economist of the Japan Oil, Gas and Metals National Corporation, spoke about the current crude oil market with The Yomiuri Shimbun. The following are excerpts from…
Read MoreChina to step up banking oversight to tackle financial risks
BEIJING (Reuters) – China will step up oversight in the banking sector this year to reduce financial risks, the country’s banking regulator said, stressing that long-term efforts would be needed…
Read MoreMorning Coffee: Ominous signs that big banking redundancies are coming in mid-2018. Over-excitable crypto-enthusiasts
As U.S. banks prepare to announce their fourth quarter results in the coming week, an unwanted spectre is waiting in the wings: job cuts. They may make their entrance towards…
Read MoreSaudi Arabia expects 80% surge in oil revenues by 2023
Authorities expect oil production to go from the current 10 million barrels a day to 11.03 million barrels in 2023 Saudi Arabia expects oil revenue to jump about 80 percent…
Read MoreGeopolitical premium seen on oil prices due to Iran unrest
Oil prices may rise further due to geopolitical risks associated with Iran protests, but the ongoing protests is not expected to impact oil production in the Islamic republic, analysts said.…
Read More‘UAE serves as financial hub for the Middle East, says DIFC official
Raja Al Mazrouei, the acting executive vice president of Fintech Hive at the Dubai International Financial centre, talks to The National about the year in fintech Was 2017 the year fintech really…
Read MoreOil, gas sector still strained, but positive signs emerge
The pain afflicting the oil and gas sector will continue for some time, said OCBC chief executive Samuel Tsien yesterday. Mr Tsien told a results briefing: “Unfortunately we do not…
Read MoreUK Government plans Bitcoin crackdown amid money laundering concerns
The UK Government is looking to step up regulation of bitcoinamid concerns criminals are using cryptocurrencies to launder money and avoid taxes. The Treasury wants to regulate bitcoin under European Union…
Read MoreMalaysia sees solid 2018 growth on strong domestic demand, exports
KUALA LUMPUR (Oct 27): Malaysia, whose economic performance has improved sharply this year on the back of stronger commodity prices, expects domestic demand and still-buoyant exports to help drive 5.0%…
Read More