2 United Overseas Bank Limited 127,113 2 . 3 Overseas Chinese Banking Corp 126,032 3 . Source: BankScope DBS Group Holdings (OTC: DBSDY ) is the largest bank in Singapore by assets followed by United Overseas Bank (OTC: UOVEY ).  
Share:  <span class="sent">2 United <span class="company">Overseas</span> Bank Limited 127,113 2 . 3 <span class="company">Overseas</span> Chinese Banking Corp 126,032 3 . Source: BankScope DBS Group Holdings (OTC: DBSDY ) is the largest bank in Singapore by assets followed by United <span class="company">Overseas</span> Bank (OTC: UOVEY ). </span> Tweet this 

OCBC kicked off the earnings season for Singapore banks. Second ranked United Overseas Bank ( UOBH.SI ) will announce earnings on Wednesday and DBS ( DBSM.SI ), Southeast Asia's biggest bank, on Friday. "We are more bullish compared to a month ago as more signs have emerged in the past month to fuel the market's confidence on the outlook ahead," Alistair Scarff, research analyst at Bank of America Merrill Lynch, said in a note ahead of the earnings. "Recent second quarter GDP and property data reaffirm that the economy is already past the trough. Meanwhile, our own channel checks suggest that asset quality is holding up better than we thought." 
Share:  OCBC kicked off the earnings season for Singapore banks. Second ranked <span class="company">United Overseas Bank</span> ( UOBH.SI ) will announce earnings on Wednesday and DBS ( DBSM.SI ), Southeast Asia's biggest bank, on Friday. <span class="sent"> "We are more bullish compared to a month ago as more signs have emerged in the past month to fuel the market's confidence on the outlook ahead," <span class="analyst">Alistair Scarff</span>, research analyst at Bank of America Merrill Lynch, said in a note ahead of the earnings. </span> "Recent second quarter GDP and property data reaffirm that the economy is already past the trough. Meanwhile, our own channel checks suggest that asset quality is holding up better than we thought." ...OCBC kicked off the earnings season for Singapore banks. Second ranked <span class="company">United Overseas Bank</span> ( UOBH.SI ) will announce earnings on Wednesday and DBS ( DBSM.SI ), Southeast Asia's biggest bank, on Friday. <span class="sent"> "We are more bullish compared to a month ago as more signs have emerged in the past month to fuel the market's confidence on the outlook ahead," <span class="analyst">Alistair Scarff</span>, research analyst at Bank of America Merrill Lynch, said in a note ahead of the earnings. </span> "Recent second quarter GDP and property data reaffirm that the economy is already past the trough. Meanwhile, our own channel checks suggest that asset quality is holding up better than we thought." ...OCBC Tweet this 

Noble "are obviously looking to preserve their interest and maybe have bigger plans for the group," said Tom Sartor , a mining analyst at ABN Amro Morgans Ltd., who has a `hold' rating on the stock and a A$4.25 target price. "Whether Xstrata is in the mood to possibly enter the fray again I'm not sure. They'd be the logical one to come back and consider it." . Gloucester rose 27 percent to A$4.95 at 11:05 a.m. 
Share:  <span class="sent"><span class="company">Noble</span> "are obviously looking to preserve their interest and maybe have bigger plans for the group," said <span class="analyst">Tom Sartor</span> , a mining analyst at ABN Amro Morgans Ltd., who has a `hold' rating on the stock and a A$4.25 target price. </span> "Whether Xstrata is in the mood to possibly enter the fray again I'm not sure. They'd be the logical one to come back and consider it." . Gloucester rose 27 percent to A$4.95 at 11:05 a.m. Tweet this 

Noble's stake in the combined company would fall to 7 percent should the takeover be completed, UBS AG said on Feb. 20. "They obviously have the cash" for a bid, said Nirgunan Tiruchelvam, an analyst at ABN Amro Asia Securities (Singapore) Pte. "Assuming they get it at the right price, it would consolidate their position as a leading commodities supplier." Noble's fourth-quarter profit rose 42 percent to $138.9 million from $97.9 million a year earlier, according to Bloomberg data. The company said in November it will book a gain of A$117.7 million ($76.4 million) from selling a stake in iron- ore producer Portman Ltd. 
Share:  <span class="sent"><span class="company">Noble</span>'s stake in the combined company would fall to 7 percent should the takeover be completed, UBS AG said on Feb. 20. "They obviously have the cash" for a bid, said <span class="analyst">Nirgunan Tiruchelvam</span>, an analyst at ABN Amro Asia Securities (Singapore) Pte. </span> "Assuming they get it at the right price, it would consolidate their position as a leading commodities supplier." <span class="company">Noble</span>'s fourth-quarter profit rose 42 percent to $138.9 million from $97.9 million a year earlier, according to Bloomberg data. The company said in November it will book a gain of A$117.7 million ($76.4 million) from selling a stake in iron- ore producer Portman Ltd. Tweet this 

Nirgunan Tiruchelvam, equities analyst at ABN Amro Securities (RBS) is bullish on commodity plays. -- Golden Agri and Noble Group . , despite both stocks logging in sharp losses yesterday. 
Share:  <span class="sent"><span class="analyst">Nirgunan Tiruchelvam</span>, equities analyst at ABN Amro Securities (RBS) is bullish on commodity plays. </span> -- Golden Agri and <span class="company">Noble Group</span> . , despite both stocks logging in sharp losses yesterday. Tweet this