DBS, Singapore's biggest lender, beat forecasts with a 6% rise in core quarterly profit despite a slump in mainly China-related trade loans.
The affected institutions are DBS Bank, DBS Group Holdings, OCBC and UOB, Moody's said in a statement.
*China stock markets tumble 7.3 pct, trigger trading halt. SHANGHAI/ LONDON, Jan 7- China allowed the biggest fall in the yuan in five months on Thursday, pressuring regional currencies and sending global stock markets tumbling as investors feared it would trigger competitive devaluations. For the second time this week China's stock markets were suspended for...
*Investors fear China is triggering trade war. SHANGHAI, Jan 7- China accelerated the depreciation of the yuan on Thursday, sending currencies across the region reeling and domestic stock markets tumbling, as investors feared the Asian giant was kicking off a trade war against its competitors. Trading on China's stock markets was suspended for the rest of the...
Asian shares traded mixed on Friday, as investors awaited the release of U.S. jobs data that could provide hints to when the Fed will raise interest rates.
Malaysia's budget may be the toughest yet as its embattled leader struggles with declining oil revenues, spending priorities and a political scandal.
Noble may see some light at the end of a months-long tunnel of attacks, with its stock surge after a report on its accounting suggesting a sentiment shift.
Asian equities mostly edged up on Friday, as investors took heart from less volatile share moves in the mainland.
DBS Group, Singapore's biggest bank, on Monday posted a better-than-expected 15 percent rise in second-quarter net profit.
You've heard of the "Greenspan put", now get acquainted with the "Zhou put" as China pulls monetary levers to ease declines in its stock market.
Singapore's annual exports unexpectedly rose in April on strong Europe demand, but there were weaknesses in shipments to the US and China.
HSBC is betting on China's Pearl River Delta for growth, but the region's patchy development underlines the risks in the bank's Asia "pivot" strategy.
Stories that begin with central banks easing bank lending requirements don't often end happily, but Indonesia may dodge creating a credit bubble.
Ahead of a transition back to normal interest rates, Singapore's Oversea-Chinese Banking (OCBC) is cautious of the credit environment ahead.
Indonesia's economy stumbled, with first-quarter growth below expectations, amid signs the government's stimulation efforts may be falling short.
Asian stocks plummeted on Thursday amid a mixed bag of corporate earnings and renewed concerns over the state of the U.S. economy.
Reforms of Indonesia's easily-sidestepped luxury property taxes may be on ice, but the taxman is likely still coming for the wealthy, analysts said.
China's economic growth for the first quarter of 2015 could well hit a multi-year low, experts say.
Gold dropped for a fourth session in five on Monday, drifting almost 1 percent below $1,200 an ounce as the dollar firmed.
China’s most recent effort to prop up its real estate market is not enough, and interest rate cuts are the best remedy, analysts say.