Singapore

OCBC bank revises exposure to US lenders

SingaporeOCBC Bank - Insurance funds run by a unit of Singapore's OC

ASEAN foreign ministers push for ratification of landmark charter

Singapore - Foreign ministers of the Association of South-East Asian Nations (ASEAN) started meeting in Singapore Thursday with the aim of early ratification of a landmark charter giving the organi

Keppel Corp offers internships to Middle Eastern students

Singapore - Keppel Corporation launched a project to give young Middle Eastern students the opportunity to come to Singapore as interns with its businesses, it said on Wednesday. 

Poll focuses on credit agencies swayed by client pressure

Singapore - Eleven per cent of financial investment professionals queried have witnessed a credit-rating agency change its product ratings after pressure from clients, according to a poll published

More challengers lining up for East Asia's gambling bounty

Singapore - Thailand, Taiwan and Japan are said to be considering gaming options which would create more "challenges" to casinos in Asia, a published report said on Tuesday.

Three institutions get Islamic fund licenses in Malaysia

Singapore - A wholly-owned unit of Singapore's DBS Bank and the Kuwait Finance House have been granted licences to set up Islamic fund management operations in Malaysia, a statement said on Monday.

DBS Asset Management's chief executive officer Deborah Ho said the new entity will structure and distribute Islamic asset management products across Asia "via synergies with DBS and DBS' Islamic Bank of Asia."

Malaysia's Securities Commission granted approval to the two in addition to CIMB-Principal Islamic Asset Management.

"The approval of these three companies will play a catalytic role in the internationalization of our Islamic capital market," The Business Times quoted commission chairman Zarinah Anwar as saying.

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