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  1. UPDATE 1- Singapore's UOB lifts bad debt charges due to property loans

    Headlines

    Thu, 31 Jul 2014

    SINGAPORE , July 31 (Reuters) - United Overseas Bank , Singapore 's third-biggest bank, doubled its bad debt charges in the second quarter, saying a group of investors was struggling to service high-end property loans in the city state.

  2. Chinese gold jewellery demand sees first quarterly drop in 8 years

    Headlines

    Thu, 31 Jul 2014

    SINGAPORE /LONDON, July 31 (Reuters) - Chinese gold jewellery demand fell for the first time in eight years in the second quarter and could drop as much as 20 percent in the full year, a leading precious metals consultancy said.

  3. Kurdish oil cargo unloaded at sea, destination a mystery

    Headlines

    Thu, 31 Jul 2014

    SINGAPORE , July 31 (Reuters) - Part of a Kurdish oil cargo has been offloaded from a Greek-managed tanker into another tanker in the South China Sea, but mystery surrounds the identity of the buyer and where the two tankers are headed.

  4. BRIEF-Taiwan's HTC posts Q2 net profit of T$2.3 bln

    Headlines

    Thu, 31 Jul 2014

    (US$ = T$29.95) (Reporting by Hong Kong and Singapore newsrooms)

  5. Singapore Exchange Q4 net profit falls 12 pct; sees trading volume recovery

    Headlines

    Thu, 31 Jul 2014

    SINGAPORE , July 31 (Reuters) - Singapore Exchange Ltd said on Thursday its net profit fell 12 percent in the fiscal fourth quarter as a result of its struggling securities business, but said it expects share trading volumes to recover.

  6. Singapore UOB's Q2 net profit up 3.2 pct, beats estimates

    Headlines

    Thu, 31 Jul 2014

    SINGAPORE , July 31 (Reuters) - United Overseas Bank Ltd , the smallest of Singapore 's three banks, posted a 3.2 percent rise in quarterly profit and beat market estimates, boosted by an increase in...

  7. ASIA CREDIT CLOSE: Spreads tighten after sell-off in treasuries

    Headlines

    Thu, 31 Jul 2014

    SINGAPORE , July 31 (IFR) - Spreads on Asian credits generally tightened 2bp-3bp today after yields on US Treasuries rose overnight.

  8. Singapore risks business cred with foreign labour restrictions

    Headlines

    Thu, 31 Jul 2014

    SINGAPORE , July 31 (Reuters) - Singapore risks tarnishing its business-friendly reputation by implementing new labour laws that require companies to prioritise hiring locals over foreigners for...

  9. SE Asia Stocks - Singapore at 14-mnth high; property shares lead Philippine rise

    Headlines

    Thu, 31 Jul 2014

    BANGKOK, July 31 (Reuters) - Singapore stocks scaled a new 14-month high on Thursday with active buying in index heavyweights while property shares such as Ayala Land outperformed in the Philippines...

  10. Singapore June bank lending steady from May

    Headlines

    Wed, 30 Jul 2014

    SINGAPORE , July 31 (Reuters) - Total bank lending in Singapore was barely changed in June from May as loans to building and construction grew while lending to general commerce and manufacturing fell, central bank data showed on Thursday.

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