OCBC

Latest stories

4d
Channel NewsAsia
SMRT shares climb 8% after buyout offeris how the scheme of arrangement works." TEMASEK OFFER "IS A FAIR ONE": BROKER
SMRT shares climb 8% after buyout offer
Channel NewsAsia / Posted 4 days ago
is how the scheme of arrangement works." TEMASEK OFFER "IS A FAIR ONE": BROKERS At least three brokers - including DBS, OCBC and UOB - have recommended that SMRT investors accept Temasek's offer. Analysts noted that the offer price is about 9... Read more
8 related stories
4d
The Temasek Review
Bloomberg: Singapore Exchange Blames Faulty Disk for Market’s Trading Halt « Business « Snippets « TR EMERITUSuntil all member firms could reconcile their trades and risk exposure,” said TK
Bloomberg: Singapore Exchange Blames Faulty Disk for Market’s Trading Halt « Business « Snippets « TR EMERITUS
The Temasek Review / Posted 4 days ago
until all member firms could reconcile their trades and risk exposure,” said TK Yap, head of institutional business at OCBC Securities Pte. “Otherwise it would have created an uneven playing field and made matters worse.” The central bank said... Read more
5d
Channel NewsAsia
SMRT shares jump after Temasek’s buyout, but remain below offer pricethat SMRT shares could be in for a 31 per cent upside from their previous targe
SMRT shares jump after Temasek’s buyout, but remain below offer price
Channel NewsAsia / Posted 5 days ago
that SMRT shares could be in for a 31 per cent upside from their previous target price of S$1.28 per share. Analysts from OCBC Investment Research echoed that sentiment, and recommended investors to accept Temasek’s offer given an “unexciting... Read more
8 related stories
5d
TheBull
Gold falls on rising $USare still some headwinds to growth and this may lift safe-haven demand should t
Gold falls on rising $US
TheBull / Posted 5 days ago
are still some headwinds to growth and this may lift safe-haven demand should the implications of Brexit start to unwind," OCBC Bank analyst Barnabas Gan. Spot palladium rose by as much as 2.9 per cent to $US675.20 an ounce, the highest since late... Read more
3 related stories
5d
The Courier Mail
Gold falls on rising $USare still some headwinds to growth and this may lift safe-haven demand should t
Gold falls on rising $US
The Courier Mail / Posted 5 days ago
are still some headwinds to growth and this may lift safe-haven demand should the implications of Brexit start to unwind," OCBC Bank analyst Barnabas Gan. Spot palladium rose by as much as 2.9 per cent to $US675.20 an ounce, the highest since late... Read more
3 related stories
6d
asianage
Gold holds firm as equity rally loses steamprobability of a U.S. Federal rate hike has increased as of today. Some expecta
Gold holds firm as equity rally loses steam
asianage / Posted 6 days ago
probability of a U.S. Federal rate hike has increased as of today. Some expectations of a rate hike have come back," said OCBC Bank analyst Barnabas Gan. "There are still some headwinds to growth and this may lift safe-haven demand should the... Read more
3 related stories
6d
The Economic Times
Gold holds firm as equity rally loses steamprobability of a US Federal rate hike has increased as of today. Some expectati
Gold holds firm as equity rally loses steam
The Economic Times / Posted 6 days ago
probability of a US Federal rate hike has increased as of today. Some expectations of a rate hike have come back," said OCBC Bank analyst Barnabas Gan. "There are still some headwinds to growth and this may lift safe-haven demand should the... Read more
3 related stories
7d
Market Watch
Fear of a glut in supply keeps the pressure on crude priceshave a diluted effect on crude oil into the months ahead,” wrote Barnabas Gan,
Fear of a glut in supply keeps the pressure on crude prices
Market Watch / Posted 7 days ago
have a diluted effect on crude oil into the months ahead,” wrote Barnabas Gan, the economist and commodities analyst at OCBC. The mismatch in supply and demand has haunted oil prices for two years, dragging prices sharply down from above $100... Read more
8d
Channel NewsAsia
Spike in number of phone scam calls impersonating OCBC over past few weeksSINGAPORE: A spike in the number of phone scams where OCBC Bank is being impers
Spike in number of phone scam calls impersonating OCBC over past few weeks
Channel NewsAsia / Posted 8 days ago
SINGAPORE: A spike in the number of phone scams where OCBC Bank is being impersonated has been observed over the past few weeks, the bank said. In a media release on Friday (Jul 15), OCBC said it is aware of the scams and has provided additional... Read more
9d
The Borneo Post
Safehaven in 2016’s trying timesperceived ‘safe-haven’ assets following the UK’s vote to leave the EU,” it said
Safehaven in 2016’s trying times
The Borneo Post / Posted 9 days ago
perceived ‘safe-haven’ assets following the UK’s vote to leave the EU,” it said. Gold and other commodities Meanwhile, OCBC Bank Treasury Research and Strategy in a report on June 30 said its prediction on gold price depends on the expectation... Read more
10d
Reuters
Singapore Exchange's securities market reopens after disruptionscrutiny on trading activities following a penny stock crash in 2013. "It's ob
Singapore Exchange's securities market reopens after disruption
Reuters / Posted 10 days ago
scrutiny on trading activities following a penny stock crash in 2013. "It's obviously a dent to their reputation," said OCBC head of research Carmen Lee. The exchange said challenges in reconciling the missing and duplicate messages resulted in... Read more
6 related stories
11d
Channel NewsAsia
Banker jailed for stealing S$336,850 in cash from 4 elderly customersYong, 28, managed to siphon off the money undetected over about nine months bef
Banker jailed for stealing S$336,850 in cash from 4 elderly customers
Channel NewsAsia / Posted 11 days ago
Yong, 28, managed to siphon off the money undetected over about nine months before he was found out. Goh, who worked for OCBC bank, targeted rarely used accounts in order to avoid detection, Deputy Public Prosecutor Tan Zhongshan said. On 18... Read more
12d
The Star
Malaysia add three more golds from the pool at Asean Uni Gamesmake a splash in the pool, with the swimmers hauling in three more gold medals
Malaysia add three more golds from the pool at Asean Uni Games
The Star / Posted 12 days ago
make a splash in the pool, with the swimmers hauling in three more gold medals in the Asean University Games (AUG) at the OCBC Aquatic Centre in Singapore. Erika Kong completed a breaststroke double when she won the women’s 50m final on Wednesday... Read more
15d
Market Watch
Oil prices fall on fear of more U.S. supplysustainable amount of time underpins the widespread risk aversion sentiment amo
Oil prices fall on fear of more U.S. supply
Market Watch / Posted 15 days ago
sustainable amount of time underpins the widespread risk aversion sentiment among players. Barnabas Gan, an economist at OCBC said even though the knee-jerk selloff after the Brexit vote has ebbed, the market is monitoring any contagion effects... Read more
4 related stories
16d
The Borneo Post
The week at a glance 10 July 20168.1 months of retained imports and is 1.2 times the short-term external debt, t
The week at a glance 10 July 2016
The Borneo Post / Posted 16 days ago
8.1 months of retained imports and is 1.2 times the short-term external debt, the central bank said in a statement. Ocbc retains Malaysia’s 2016 gdp forecast at 4.4 pct OCBC Bank’s Global Treasury Research Research and Strategy has retained... Read more
17d
The Star
Teller who gave RM90,000 to robber followed safety protocols, says bankfor banks to have security guards, although many do. The Straits Times observe
Teller who gave RM90,000 to robber followed safety protocols, says bank
The Star / Posted 17 days ago
for banks to have security guards, although many do. The Straits Times observed that of the six banks - HSBC, StanChart, OCBC Bank, DBS Bank, Citibank and Maybank - in that stretch of Holland Village, the last two were the only ones that appeared... Read more
17d
Daily News
Dulanjan Fernando champion diver in SingaporeFernando was adjudged the Champion Diver at the seventh Singapore invitation Na
Dulanjan Fernando champion diver in Singapore
Daily News / Posted 17 days ago
Fernando was adjudged the Champion Diver at the seventh Singapore invitation National Diving Championship concluded at the OCBC Aquatic Centre in Singapore Sports Hub. Fernando, a student of Royal College Colombo, won three silver medals in the... Read more
17d
The Borneo Post
OCBC retains Malaysia’s 2016 GDP forecast at 4.4 per centOCBC Bank Global Treasury Research Research and Strategy said Malaysia would mo
OCBC retains Malaysia’s 2016 GDP forecast at 4.4 per cent
The Borneo Post / Posted 17 days ago
OCBC Bank Global Treasury Research Research and Strategy said Malaysia would most likely hold the overnight policy rate at 3.25 per cent for the rest of the year to support economic activity. KUALA LUMPUR: OCBC Bank’s Global Treasury Research... Read more
2 related stories
17d
Channel NewsAsia
Gold could rally to US$1,400 and beyond on Brexit boostat “some point in the second half of 2016”. But not everyone is convinced that
Gold could rally to US$1,400 and beyond on Brexit boost
Channel NewsAsia / Posted 17 days ago
at “some point in the second half of 2016”. But not everyone is convinced that gold is in for further big increases. OCBC Bank’s vice-president and senior investment strategist Vasu Menon said at the bank’s quarterly investor forum on... Read more
18d
The Star
Friday, July 8foreign banks have been losing market share on Malaysian turf. According to TA
Friday, July 8
The Star / Posted 18 days ago
foreign banks have been losing market share on Malaysian turf. According to TA Research, the combined net interest income of Standard Chartered, OCBC, Citibank and UOB’s Malaysian operations have contracted for five straight quarters.... Read more
18d
The Star
Foreign banks losing market share in Malaysiamarket share on Malaysian turf. According to TA Research, the combined net int
Foreign banks losing market share in Malaysia
The Star / Posted 18 days ago
market share on Malaysian turf. According to TA Research, the combined net interest income (NII) of Standard Chartered, OCBC, Citibank and UOB’s Malaysian operations have contracted for five straight quarters. “While we believe loan yields have... Read more
18d
The Star
Four Malaysians on Forbes donor listto rebuild a hospital in Jurong, and Tan Chin Tuan Foundation chairman Tan Khen
Four Malaysians on Forbes donor list
The Star / Posted 18 days ago
to rebuild a hospital in Jurong, and Tan Chin Tuan Foundation chairman Tan Kheng Lian, who is the daughter of the late OCBC chairman and philanthropist Tan Chin Tuan. China has five entries in the list, including Tencent Holdings chairman and... Read more
18d
Newsmax
Major Investment Banks Are Becoming More Bullish on Goldand concern about the very future of the EU should keep investors on edge.” Ov
Major Investment Banks Are Becoming More Bullish on Gold
Newsmax / Posted 18 days ago
and concern about the very future of the EU should keep investors on edge.” Overseas Chinese Bank Corp sees $1,400 gold. OCBC economist Barnabas Gan said “With U.K.’s exit from the European Union, we expect the risk-off sentiment to persist into... Read more
19d
The Star
Four Malaysians in Forbes' Heroes of Philanthropy list(RM370mil) to rebuild a hospital in Jurong and Tan Chin Tuan Foundation chairma
Four Malaysians in Forbes' Heroes of Philanthropy list
The Star / Posted 19 days ago
(RM370mil) to rebuild a hospital in Jurong and Tan Chin Tuan Foundation chairman Tan Kheng Lian, the daughter of the late OCBC chairman and philanthropist, Tan Chin Tuan. China has five entries in the list, including Tencent Holdings chairman and... Read more
21d
Bangkok Post - Thailand's English news
Thai beer drinkers power Singapore’s best stockis “limited upside” at current levels following the stock’s recent price run-up
Thai beer drinkers power Singapore’s best stock
Bangkok Post - Thailand's English news / Posted 21 days ago
is “limited upside” at current levels following the stock’s recent price run-up, according to Jodie Foo, an analyst at OCBC Investment Research, who cut the stock to hold in a June report. Thai Beverage is trading at the highest level ever... Read more
24d
Channel NewsAsia
Two US funds sue DBS Bank, OCBC for Singapore rate riggingbeing sued are Citigroup, Bank of America, JPMorgan Chase, RBS, UBS, ING, BNP P
Two US funds sue DBS Bank, OCBC for Singapore rate rigging
Channel NewsAsia / Posted 24 days ago
being sued are Citigroup, Bank of America, JPMorgan Chase, RBS, UBS, ING, BNP Paribas, Oversea-Chinese Banking Corporation (OCBC), Barclays, Credit Agricole, Credit Suisse, Standard Chartered, DBS Bank, Mitsubishi Ufj, HSBC, Macquarie and... Read more
24d
Channel NewsAsia
Yang Yin trial: Widow’s long-time friend offers glimpse into life with Yangvia a Lasting Power of Attorney (LPA). The court heard on Friday morning Yang
Yang Yin trial: Widow’s long-time friend offers glimpse into life with Yang
Channel NewsAsia / Posted 24 days ago
via a Lasting Power of Attorney (LPA). The court heard on Friday morning Yang had liquidated Mdm Chung’s investments with OCBC bank, totaling S$1.3 million. He pocketed S$600,000 in cash, claiming he needed the sum to open an art gallery in Hong... Read more
25d
Canberra Times
Gold seen rising to $US1400 an ounce on Brexit boostDoom Report. "With UK's exit from the European Union, we expect the risk-off s
Gold seen rising to $US1400 an ounce on Brexit boost
Canberra Times / Posted 25 days ago
Doom Report. "With UK's exit from the European Union, we expect the risk-off sentiment to persist into the months ahead," OCBC economist Barnabas Gan wrote in a note, saying chances of a rise from the Fed in 2016 had receded. The bank put gold at... Read more
5 related stories
25d
Newsmax
Brexit Vote Sees Stampede by Banks Into Higher Gold TargetsSentiment’ “With U.K.’s exit from the European Union, we expect the risk-off s
Brexit Vote Sees Stampede by Banks Into Higher Gold Targets
Newsmax / Posted 25 days ago
Sentiment’ “With U.K.’s exit from the European Union, we expect the risk-off sentiment to persist into the months ahead,” OCBC economist Barnabas Gan wrote in a note, saying chances of a rise from the Fed in 2016 had receded. The bank put gold at... Read more
5 related stories
25d
Brisbane Times
Gold seen rising to $US1400 an ounce on Brexit boostDoom Report. "With UK's exit from the European Union, we expect the risk-off s
Gold seen rising to $US1400 an ounce on Brexit boost
Brisbane Times / Posted 25 days ago
Doom Report. "With UK's exit from the European Union, we expect the risk-off sentiment to persist into the months ahead," OCBC economist Barnabas Gan wrote in a note, saying chances of a rise from the Fed in 2016 had receded. The bank put gold at... Read more
5 related stories
25d
The Age
Gold seen rising to $US1400 an ounce on Brexit boostDoom Report. "With UK's exit from the European Union, we expect the risk-off s
Gold seen rising to $US1400 an ounce on Brexit boost
The Age / Posted 25 days ago
Doom Report. "With UK's exit from the European Union, we expect the risk-off sentiment to persist into the months ahead," OCBC economist Barnabas Gan wrote in a note, saying chances of a rise from the Fed in 2016 had receded. The bank put gold at... Read more
5 related stories
25d
Sydney Morning Herald
Gold seen rising to $US1400 an ounce on Brexit boostDoom Report. "With UK's exit from the European Union, we expect the risk-off s
Gold seen rising to $US1400 an ounce on Brexit boost
Sydney Morning Herald / Posted 25 days ago
Doom Report. "With UK's exit from the European Union, we expect the risk-off sentiment to persist into the months ahead," OCBC economist Barnabas Gan wrote in a note, saying chances of a rise from the Fed in 2016 had receded. The bank put gold at... Read more
5 related stories
26d
BBC News
Brexit: Singapore bank UOB suspends London property loansif the country's currency depreciates against the Singapore dollar," Mr Tok exp
Brexit: Singapore bank UOB suspends London property loans
BBC News / Posted 26 days ago
if the country's currency depreciates against the Singapore dollar," Mr Tok explained. Singapore's other big lender, OCBC bank, told the BBC it had not made any changes to its advisory policy. Head of Consumer Secured Lending Phang Lah Hwa... Read more
13 related stories
26d
The Star
Moody's revises outlook on Singapore's banking system to negativethe three major banking groups in Singapore: DBS Bank Ltd. (DBS, Aa1 negative,
Moody's revises outlook on Singapore's banking system to negative
The Star / Posted 26 days ago
the three major banking groups in Singapore: DBS Bank Ltd. (DBS, Aa1 negative, aa3), Oversea-Chinese Banking Corp Ltd (OCBC, Aa1 negative, aa3) and United Overseas Bank Limited (UOB, Aa1 negative, aa3). It also rates Standard Chartered Bank... Read more
27d
Bangkok Post - Thailand's English news
Android Pay makes Asian debut in Singaporebe used by customers who have MasterCard and Visa credit or debit cards from ma
Android Pay makes Asian debut in Singapore
Bangkok Post - Thailand's English news / Posted 27 days ago
be used by customers who have MasterCard and Visa credit or debit cards from major banks here, such as DBS Bank, POSB Bank, OCBC Bank, UOB and Standard Chartered. There is no limit to the number of cards that can be added to the platform. To pay, a... Read more
2 related stories
27d
The Star
OCK secures US$40.2mil financing for Myanmar telco projectBank Myanmar general manager (risk management division) Daw Soe Soe Thin, Mayba
OCK secures US$40.2mil financing for Myanmar telco project
The Star / Posted 27 days ago
Bank Myanmar general manager (risk management division) Daw Soe Soe Thin, Maybank Yangon country head Abd Malek Mohd Khair, OCBC Bank Yangon country head Daniel Tan, OCBC Bank (M) Bhd senior banker (government and conglomerates coverage) and head of... Read more
28d
International Business Times
Android Pay launched in Asia, Singapore will be first to experience the payment platform in Singapore. Android Pay for Singapore, according to Google's Blog, will work
Android Pay launched in Asia, Singapore will be first to experience the payment platform
International Business Times / Posted 28 days ago
in Singapore. Android Pay for Singapore, according to Google's Blog, will work with MasterCard and Visa cards from DBS, OCBC Bank, POSB, Standard Chartered Bank and UOB. More banks should lend support as time passes by. Unlike Samsung or Apple... Read more
2 related stories
28d
Channel NewsAsia
Singapore first in Asia to get Android Paythe offering without the banks' support. At launch, Android Pay will work with
Singapore first in Asia to get Android Pay
Channel NewsAsia / Posted 28 days ago
the offering without the banks' support. At launch, Android Pay will work with MasterCard and Visa cards from DBS Bank, OCBC Bank, POSB, Standard Chartered Bank and UOB, and there is no limit as to how many cards can be added by the consumer,... Read more
2 related stories
28d
Mashable
Android Pay launches in Asia starting with Singaporeday here came with the backing of large banks, too. Android Pay will support Ma
Android Pay launches in Asia starting with Singapore
Mashable / Posted 28 days ago
day here came with the backing of large banks, too. Android Pay will support MasterCard and Visa cards from DBS/POSB, OCBC Bank, Standard Chartered and UOB. MasterCard estimates this will cover some 30,000 contactless terminals... Read more

People in this news