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DBS

DBS posts record quarterly profit, powered by lending income

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

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.

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Aston Martin to recall over 5,000 vehicles in US: Safety agency

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

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

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

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

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

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

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

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.

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