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TRIS Rating Affirms Company Rating on DBSVT at AAA , with Stable

TRIS Rating affirms the company rating on DBS Vickers Securities (Thailand) Co., Ltd. (DBSVT) at ?AAA? with a ?stable? outlook. The rating mainly reflects the company?s status as a highly strategic subsidiary of the DBS Group whose main operating entity is DBS Bank Ltd. (rated ?AA-/Stable? by S&P Global Ratings). KEY RATING CONSIDERATIONS Highly strategic subsidiary of the DBS Group We consider DBSVT to be a highly strategic subsidiary of the DBS Group. DBSVT is a wholly owned subsidiary of DBS Vickers Securities Holding Pte (DBSVH), the Singapore-based securities arm of the DBS Group. The company serves as an integral part of a platform to offer brokerage services to clients of the DBS Group and affiliated companies. As an integral part of the group, DBSVT adopts the group?s strategies and financial targets. DBSVT?s strong linkage with the group is evidenced by the company?s securities brokerage trading volume originating from affiliated companies that accounted for 75% of total

Peak Central Bank Support Marks New Phase for Global Recovery

Peak Central Bank Support Marks New Phase for Global Recovery
leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.

Treasuries Defiant Rally Thrusts Risk Assets Back Onto Menu

(Bloomberg) The strongest Treasuries rally in a year is encouraging investors to pile back into riskier assets as they grow more confident the Federal Reserve is right to call a surge in consumer prices transitory.Strategists are turning bullish on investments that experienced bouts of underperformance since yields started rising in August last year. Expensive growth stocks, especially technology companies and emerging-market assets have solidified their place on investors’ shopping lists ami

GGRAsia – Las Vegas Sands boss disappointed at Macau recovery pace

The chairman and chief executive of the parent firm of Macau casino operator Sands China Ltd said on Wednesday he was “disappointed” about the pace of recovery in the Macau gaming market, but understood the Macau and mainland China authorities had opted for a safety-first approach amid the Covid-19 pandemic. Robert Goldstein (pictured, top left), boss of United States-based Las Vegas Sands Corp (LVS), was speaking during the Bernstein Annual Strategic Decisions Conference, in a session held online and hosted by Sanford C. Bernstein Ltd analyst Vitaly Umansky (pictured, top right). Mr Goldstein stated regarding the pace of Macau’s rebound: “We are disappointed… we were hoping for a quicker recovery”. But the Las Vegas Sands executive added he understood that the authorities in Macau and the mainland were “very cautious” on travel easing, as they had a “zero-tolerance policy” toward Covid-19.

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