viernes, 9 de mayo de 2025

OCBC keeps 2025 guidance, but loan growth targets could be buffeted by headwinds: CEO Helen Wong

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FRI, MAY 9, 2025

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OCBC keeps 2025 guidance, but loan growth targets could be buffeted by headwinds: CEO Helen Wong

[SINGAPORE] OCBC is keeping its financial targets for 2025, but noted that its loan growth guidance of a mid-single digit will likely see the most headwinds, especially if the market continues to be "very uncertain", said chief executive officer Helen Wong.

Singapore dollar hits 7-month high against the greenback; what's the prognosis for 2025?

[SINGAPORE] The Singapore dollar and other Asian currencies are continuing to gain ground against the US dollar as the tariff fallout weighs on the greenback.

Brokerage wars: Incumbents push back as investors flock to Moomoo, Tiger Brokers, FSMOne

[SINGAPORE] A digital brokerage boom erupted amid the pandemic. But, unlike other trends that emerged during Covid-19 and eased over time, the online trading frenzy seems here to stay.

ST Engineering posts 8% rise in Q1 revenue to S$2.9 billion as contract wins surge

[SINGAPORE] ST Engineering's revenue rose 8 per cent to S$2.9 billion for the first quarter ended March, from S$2.7 billion in the corresponding year-ago period, on the back of broad-based growth across all segments.

Marco Polo Marine posts 3.4% decline in H1 profit to S$10.6 million

[SINGAPORE] Marco Polo Marine on Friday (May 9) posted a 3.4 per cent year on year decline in H1 net profit to S$10.6 million, from S$11 million.

Singapore stocks rise on US-UK trade deal; STI up 0.7%

[SINGAPORE] Local stocks ended higher on Friday (May 9), as investors reacted positively to news of the US striking a trade deal with the UK – the first after President Donald Trump announced sweeping tariffs worldwide.

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Market Focus Daily: Friday, May 9, 2025

Asian stocks lifted by hopes for US-China talks after UK deal; Singapore dollar at 7-month high against US dollar; OCBC keeps 2025 guidance, but tariffs could affect about 3% of OCBC's loan book.
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