Staff Reporter

Australian banks’ dividends to stay flat amidst cash earning pressures

The higher payouts in H1 were to establish shareholders’ confidence, S&P said.

StanChart, OPEC Fund enhance Trade Finance Risk Participation Programme

The programme has helped facilitate trade flows of over $1b annually.

HSBC to restructure its Islamic finance business

The HSBC Group is concentrating more in Malaysia and Saudi Arabia and less in Indonesia in its Islamic finance offering to customers.

Eurozone woes sap TAIEX

The TAIEX fell below the 7,700 point mark Wednesday as turnover shrank further amid lingering concerns over debt problems in the eurozone, dealers said.

Singapore Monetary Policy Tightening Is Credit Positive for Banks

The Monetary Authority of Singapore’s (MAS) tightening of monetary policy to benefit banks operating in Singapore, according to Moody's Investor Service.