|Bid||10.64 x 0|
|Ask||10.65 x 0|
|Day's range||10.63 - 10.69|
|52-week range||10.36 - 12.19|
|Beta (3Y monthly)||1.16|
|PE ratio (TTM)||9.87|
|Earnings date||1 Nov 2019|
|Forward dividend & yield||0.46 (4.10%)|
|1y target est||13.94|
Pictet, the Swiss wealth manager, is overhauling its leadership in Asia as it pushes ahead with plans to expand across the region and in the Middle East. The 214-year-old Geneva-based group has appointed Tee Fong-Seng as chief executive of its Asian wealth management business and Alex Ng as chief executive of Hong Kong and of wealth management in north Asia. Mr Tee will join Pictet from Zurich-based private bank EFG, where he was the chairman of its Asia advisory board.
* U.S. curve inverts for first time in 12 years * Singapore hurt by losses in financial sector * Vietnam claws back ground to end 1.1% higher By Soumyajit Saha Aug 15 (Reuters) - Most Southeast Asian stock markets ended lower on Thursday, tracking a global downturn in equities as an inversion in the U.S. bond yield curve triggered recession fears, while the Vietnam index closed at its highest in two weeks. Risk appetite was all but eradicated as the inversion came shortly after economic data showed China's industrial output growth cooling to a more than 17-year low, pointing towards a slowdown in Southeast Asia's biggest trading partner. Adding to market uncertainty, no trade concessions were made by Beijing following the postponement of 10% tariffs on over $150 billion worth of Chinese imports by U.S. President Donald Trump, senior U.S. officials said on Wednesday.
Companies that increase their dividends signal that their business is going strong. Here are three such companies that might be worth a look.
OCBC Bank (SGX: O39) has just released its Q2 2019 earnings report, and all-round improvements can be seen in almost every aspect of the bank.
Oversea-Chinese Banking Corporation Limited (SGX: O39) seems to be the cheapest Singapore bank right now in terms of the price-to-book ratio.
Singapore's Oversea-Chinese Banking Corp Ltd reported steady earnings and profit jumped at United Overseas Bank in the second quarter, with improved margins and loan growth providing support in a slowing economy. Analysts however expect Singapore banks' performance to weaken as a decline in interest rates and the faltering economy put pressure on the sector's profit and revenue growth after three strong years. "While economic growth in our key markets is slowing, our healthy capital, funding and liquidity position will allow us to comfortably navigate the challenging operating environment and pursue our long-term growth strategy," OCBC CEO Samuel Tsien said in a statement on Friday.
Singapore's Oversea-Chinese Banking Corp Ltd reported steady earnings and profit jumped at United Overseas Bank in the second quarter, with improved margins and loan growth providing support in a slowing economy. Analysts however expect Singapore banks' performance to weaken as a decline in interest rates and the faltering economy put pressure on the sector's profit and revenue growth after three strong years.