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Examples
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Oversea-Chinese Banking reported a 15% rise in quarterly profit as its lending business grew.
What's News 2011
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Oversea-Chinese Banking reported a 10% fall in third-quarter net profit from a year earlier, on the back of weaker trading and insurance income.
What's News— 2011
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DBS Group Holdings lost 3.6%, while United Overseas Bank and Oversea-Chinese Banking fell 2.9%.
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DBS Group Holdings lost 3.6%, while United Overseas Bank and Oversea-Chinese Banking fell 2.9%.
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His full-year "buy" recommendation on Oversea-Chinese Banking saw a price gain of 35%.
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Oversea-Chinese Banking was the fourth-most accurate forecaster for the second consecutive quarter and had the second-lowest margin of error on the euro versus the dollar.
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European leaders' Dec. 9 pledge to form a fiscal union, "and getting over the first-quarter hump of refinancing by several of the euro-zone countries may give some room for a return of risk appetite, which explains the profile we have for euro-dollar to stabilize into the middle of this year," Emmanuel Ng, a currency strategist at Oversea-Chinese Banking in Singapore, said Jan. 5 in a telephone interview.
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"At the onset of the year, you'll basically see investment funds searching for destinations," said Emmanuel Ng, a currency strategist at Oversea-Chinese Banking in Singapore.
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Oversea-Chinese Banking was the fourth-most accurate forecaster for the second consecutive quarter and had the second-lowest margin of error on the euro versus the dollar.
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European leaders' Dec. 9 pledge to form a fiscal union, "and getting over the first-quarter hump of refinancing by several of the euro-zone countries may give some room for a return of risk appetite, which explains the profile we have for euro-dollar to stabilize into the middle of this year," Emmanuel Ng, a currency strategist at Oversea-Chinese Banking in Singapore, said Jan. 5 in a telephone interview.
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