OCBC’s Fourth-Quarter Profit Climbs More-Than-Estimated 18% on Loan Growth

David Conner, chief executive officer of Oversea-Chinese Banking Corp Oversea-Chinese Banking Corp. (OCBC), Southeast Asia’s second-largest bank, posted an 18 percent increase in fourth-quarter profit, beating analysts’ estimates as loan demand climbed. Net income in the three months ended Dec. 31 rose to S$594 million More...

by admin | Published 3 days ago
By admin On Monday, February 13th, 2012
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Sony’s Big Gamble With The PS Vita Could Lead Them To Victory

PS Vita Bundle PS Vita is a gaming machine. Nothing else comes close in the portable space. So what will Sony consider a victory? That’s a tough one to answer. I don’t see how More...

By admin On Wednesday, February 8th, 2012
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Allstate Profit More Than Doubles as Claims Costs Fall

Allstate Corp Allstate Corp. (ALL), the largest publicly traded U.S. auto and home insurer, said fourth-quarter profit more than doubled on lower costs tied to catastrophes. The company More...

By admin On Monday, February 6th, 2012
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Asian Stocks Advance as U.S. Jobs Data Boosts Economic Optimism

Asian Stocks Advance as US Jobs Data Boosts Economic Optimism Asian stocks rose, with a regional benchmark index set to extend its longest streak of weekly advances since 2010, after More...

By admin On Thursday, February 2nd, 2012
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Fred Goodwin’s Knighthood Removed By The Queen

Fred Goodwin, the man who caused the biggest banking disaster in British history has “joined” Robert Mugabe and Nicolae Ceausescu as an “ex-knight”, because More...

By admin On Monday, January 30th, 2012
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Pros and Cons War On SOPA Spend Millions of Dollars

Pros and Cons War On SOPA Spend Millions of Dollars Two controversial anti-piracy bill has “invited” the two stronghold which involved in the Pros and Cons large lobby More...

By admin On Monday, January 30th, 2012
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Facebook Will Submit IPO File Next Week

Facebook Will Submit IPO File Next Week Facebook is reported that they will send the file to be able to do an IPO or Initial Public Offering (IPO) to the U.S. Securities and Exchange More...