Fitch Ratings

SINGAPORE (Jan 27): When the People’s Republic of China first introduced the One Belt One Road (OBOR) programme, its intention was to maximise its underutilised capacity in the steel, construction and engineering industries and extend its global influen

SINGAPORE (Nov 24): Oversea-Chinese Banking Corporation (OCBC) has established its inaugural programme to issue US$10 billion ($14.3 billion) of global mortgage covered bonds.

SINGAPORE (Nov 1): The three local lenders, DBS Bank, United Overseas Bank and Oversea-Chinese Banking Corporation - with their combined oil and gas exposure of $47.3 billion at end Sept - saw falling asset quality from their oil and gas exposure for 3QFY

SINGAPORE (Oct 11): Singapore banks are well positioned to withstand losses from Asia’s oil and gas defaults, says Fitch Ratings.

SINGAPORE (Oct 6): Asean banks are facing slower GDP growth, a weaker operating environment and increasing downside risks – but most should have adequate loss-absorption buffers to support their current ratings, says Fitch Ratings.

SINGAPORE (Oct 4): Fitch Ratings has revised down its forecast for US growth in FY16 to 1.4% from 1.8% in July, according to its latest bi­monthly Global Economic Outlook (GEO) report for Sept.

SINGAPORE (Sept 1): United Overseas Bank (UOB) says it will be issuing US$600 million worth of 2.88% Basel III-compliant Tier 2 subordinated notes on Sept 8.

SINGAPORE (Aug 16): A liquidity crunch at Noble Group may prove to be temporary, according to Fitch Ratings, which said that the Singapore-listed commodity trader will probably generate about US$900 million ($1.2 billion) in the coming months including pr

SINGAPORE (June 21): Fitch Ratings expects the eight strongest banks in Asia-Pacific to “maintain sound profiles despite the current credit-cycle downturn”.