Markets and Investing
Singapore dollar hits new one-year high
                                                                                 
                    
                    	The local currency has been gaining ground on the USD in the lead-up to Fed’s open market committee meeting.
                
                                
            Singapore dollar hits new one-year high
                                                                                                                 
                            
                            	The local currency has been gaining ground on the USD in the lead-up to Fed’s open market committee meeting.
                        
                                                
                        
    
                    Stocks in focus: F&N and Genting
                                                                                                 
                        
                        	Thursday’s big news, says IG Markets Singapore, is ThaiBev’s new offer for Fraser and Neave.
                    
                                        
                    
                US dollar falls to $1.2293 against the local currency
                                                                                                 
                        
                        	Find out here which two factors pushed down the value of the greenback.
                    
                                        
                    
                STI locked in consolidation mode
                                                                                                 
                        
                        	There was significant buying interest on small to mid-cap stocks with increasing trading volume, says OCBC Investment Research.
                    
                                        
                    
                Singapore dollar trades at $1.2369
                                                                                                 
                        
                        	The US dollar is forecast to continue to face outflows as traders move into risk currencies.
                    
                                        
                    
                STI drifts into negative territory
                                                                                                 
                        
                        	Tone is forecast to remain more downside biased, says OCBC Investment Research.
                    
                                        
                    
                Singapore dollar trades at $1.235
                                                                                                 
                        
                        	Major currencies have all gained on the US dollar, says IG Markets Singapore.
                    
                                        
                    
                STI holds on to gains
                                                                                                 
                        
                        	The index had rebounded fairly strongly in the last session, opening some 0.8% higher.
                    
                                        
                    
                Singapore dollar remains at $1.2425
                                                                                                 
                        
                        	The US dollar is still preoccupied with the prospect of QE3 being introduced by the Fed, says IG Markets Singapore.
                    
                                        
                    
                STI set to end losing streak
                                                                                                 
                        
                        	Boost in local sentiments is expected following the sharp rebound on Wall Street and the strong Nikkei start.
                    
                                        
                    
                Genting pummeled as earnings prospects weaken
                                                                                                 
                        
                        	Stock lost 1.5% of its value in yesterday trading alone.
                    
                                        
                    
                STI loses 0.5%
                                                                                                 
                        
                        	The index continued to head further south after a 0.3% lower opening on Wednesday, says OCBC Investment Research.
                    
                                        
                    
                Singapore dollar’s appreciation forecast to slow
                                                                                                 
                        
                        	The local currency’s appreciation against the US dollar may slow to help support exports, says IG Markets Singapore.
                    
                                        
                    
                STI continues dull week
                                                                                                 
                        
                        	The index is forecast to slide further towards the 3000 psychological base.
                    
                                        
                    
                SGX Iron Ore Swaps continues record clearing streak
                                                                                                 
                        
                        	14.88m metric tonnes were cleared in August, up 42% from July's high.
                    
                                        
                    
                The greenback slips to $1.245 against the Singapore dollar
                                                                                                 
                        
                        	The local currency has gained ground on the US dollar as traders stand firm on hopes of QE3, says IG Markets Singapore.
                    
                                        
                    
                STI sees lackluster performance
                                                                                                 
                        
                        	The index hardly moved, failing to make any significant headway after opening some 0.4% lower on Monday.