OCBC's planned rights issue to finance its pricey Wing Hang Bank acquisition has reassured the market, but now it must overcome skepticism.» Read More
Indonesian stocks jumped more than 2 percent to one-year highs on Thursday, as investors bet on an election win by Jakarta Governor Joko Widodo.
Indonesia's presidential election is two weeks away and a narrowing lead for frontrunner Joko "Jokowi" Widodo spells uncertainty for local markets.
Gold fell as the dollar swung into positive territory, after the U.S. jobs report came in almost exactly in line with expectations.
News of a pick-up in China's factory activity suggests the world's second-largest economy is regaining its momentum, analysts told CNBC.
Calls for a correction after the long rally have been wrong for years and will likely stay wrong, Dennis Gartman, the Gartman Letter's publisher, said.
Gold ended lower on Thursday, extending the previous day's more than 1 percent drop, after the ECB it may act to stem falling inflation.
Singapore's Oversea-Chinese Banking Corp has made an offer to buy Wing Hang Bank for HK$38.428 billion ($4.95 billion).
Growing signs that political limbo in Thailand is taking a toll on the economy is pressuring the Bank of Thailand (BOT) to pull the rate-cut trigger.
DBS Group Holdings posted a 6 percent increase in core quarterly profit, missing expectations as it took higher provisions for bad debt charges.
David Marshall, Senior Analyst, Asia-Pacific Financials at CreditSights, analyses DBS and OCBC's quarterly profits.
Recent market chaos may have sparked a rate-hike trend among emerging markets, but this nation could buck the trend and stay pat for all of 2014.
China is set to return to the heyday of double-digit growth in 2014 driven by a revival in global demand, according to an investment strategist.
The Federal Reserve's September surprise, which postponed tapering its asset purchases, dented otherwise solid earnings at two Singapore banks.
Gold fell on Monday amid worries about a US government shutdown. It's is headed for its best quarter in a year but the overall outlook is weak.
Gold settled lower amid a lack of clarity over U.S. monetary and fiscal policy dented demand.
Gold settled lower on Friday, paring the rally it made after the Fed's surprise decision this week to maintain monetary stimulus.
Gold settled higher and hit one-week highs on Thursday after the Federal Reserve chose not to cut back on its asset-buying program for now.
Gold pushed above the key $1,400 psychological level on Monday to its highest in almost three months, putting the precious metal within striking distance of bull-market territory.
DBS posted a record quarterly profit, beating expectations, as higher fee and commission income offset a slight drop in income from its key lending business.
The CEO of OCBC, which posted a record profit on Friday, said the bank would focus on growing its offshore activities in Greater China as more Chinese firms look to expand overseas.