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DBS posts record quarterly profit, powered by lending income
Mon, Apr 29, 2019
DBS Group Holdings Ltd, Southeast Asia`s biggest lender, beat market estimates on Monday to post a record quarterly profit, as strong net interest income offset weakness in wealth management, brokerage and investment banking fees.
DBS forecasts stable loan growth this year after record 2018 profit
Mon, Feb 18, 2019
Full-year profit jumped 28 percent to a record S$5.63 billion as Singapore banks benefited from higher interest rates.
DBS raises real GDP estimate to 7.4% for this fiscal
Tue, Aug 21, 2018
As per the report, while private consumption is likely to benefit from better urban and non-farm spending, the agricultural sector will have to deal with easing real wage growth, falling crop prices and weak terms of trade.
Aston Martin to recall over 5,000 vehicles in US: Safety agency
Tue, Dec 26, 2017
The recalls are expected to begin on Feb. 1, 2018, and come as the owners of the carmaker made famous by fictional spy James Bond prepare for a stock market listing or sale of the company.
Reserve Bank of India may consider a rate cut in first half of 2017: DBS
Tue, Jan 17, 2017
The Reserve Bank of India (RBI) is expected to go for a rate cut in the first half of this year, largely owing to 'below estimate' inflation, says a DBS report. Rising prices of petrol and diesel fuelled Wholesale Price Index (WPI) inflation to 3.39% in December 2016.
Govt likely to meet fiscal deficit target of 3.5% of GDP in FY17: DBS
Wed, Jan 04, 2017
Government is expected to meet the fiscal deficit target of 3.5% of GDP in the current financial year, despite recent demonetisation move and potential delay in roll out of the Goods and Services Tax (GST), says a report.
ANZ Bank profit slides on restructuring costs
Thu, Nov 03, 2016
ANZ Bank posted a 24% drop in annual net profits on Thursday on the back of restructuring costs as it aims to become "more agile" with less emphasis on Asia. The Australia and New Zealand Banking Group's result for the year to September 30 came in at Aus$5.7 billion ($4.3 billion).
JNPT inks pact with SBI, DBS for Rs 2600 crore loan
Tue, Aug 23, 2016
The two parties will exchange the documents tomorrow.
India's GDP to grow at 7.8% in FY17, led by consumption, public expenditure: DBS
Sun, Jun 12, 2016
According to global brokerage firm, the burden of lifting growth is likely to be "uneven" largely led by strong consumption followed by public capex, while private sector investments may improve in October-December quarter onwards.
India's Q4 growth to be around 7.1%: DBS
Mon, May 30, 2016
Some of the service indicators like visitor arrivals, service sector PMIs were also positive, making up for the weak financial sector metrics
Window for another rate cut by RBI likely in second half of 2016: DBS
Tue, May 10, 2016
Rainfall strength and impact on food supplies will be a key influence on the September quarter trends.