Markets & Investing
CIMB strategist says Q1 earnings "lousy"
Their view is there are too many disappointments and too little earnings growth and thats why they have moved the STI from overweight to neutral.
CIMB strategist says Q1 earnings "lousy"
Their view is there are too many disappointments and too little earnings growth and thats why they have moved the STI from overweight to neutral.
Digging overseas: Temasek grabs stake deal with Canadian miner
Subsidiary Ellington Investments closed the $510 million exchange with Inmet Mining to give the state investor approximately 11 percent stake.
Government urge SMEs to participate in productivity drive
SMEs play a critical role in Singapore's economy, said Gan Kim Yong, Minister of Manpower.
Singapore remains threat to Hong Kong in fund management
Assets under management by fund managers in Singapore have reached new high of $1.4 trillion.
Moody’s retains SingTel’s Aa2 rating for 2010
The telco’s financial metrics and liquidity profile remain robust and continue to leave its standalone rating well positioned at the single A range.
SGX to add 8 new ADRs
All the ADRs are fungible with those listed in the US and allow investors, for the first time, to manage their exposure to these companies round-the...
Maybank acquires stake in Kim Eng
Mayban IB, formerly known as Aseam Credit, announced the completion of the acquisition for 44.63% of the issued share capital of Kim Eng.
SGX tightens spreads to boost traders cost efficiency
It wants to attract high-frequency traders in order to increase trading liquidity on its equities market, said Kim Eng Securities.
GIC annual return at par with global equities return of 10.2%
This is the annual return over the past 30 years since 1981, said GIC Chairman Lee Kuan Yew.
SGX derivatives market to add rubber futures
From 16 May, rubber futures will be added to the commodities suite with the migration of SICOM rubber contracts onto the SGX trading platform.
Trend shows PAP win tied to STI gains
Data from past polls show the index typically outperforms if the percentage of votes won by PAP is high, said DMG Research.
CapitaCommercial paid 2.1mn units to management
CapitaCommercial Trust Management received a total of 2,128,929 at an issue price of $1.3937 per unit.
SGX average daily trading volume rose 12% in April 2011
Futures & options average daily trading volume rose from 224,575 to 252,401.
Stocks selling at a bargain as GE nears
Various developer stocks are currently trading at a sharper discount to their book value, or at a smaller premium than before.
83% of services sector firms see a ho-hum 2011 ahead
The 17% who view a favorable second quarter is smaller than the net weighted balance of 36% registered in the same period of the previous year.
SGX lists Nam Cheong offshore shipbuilding and chartering unit
The S$472mn reverse takeover of Eagle Brand for Nam Cheong Group is satisfied via the issuance of 94.4bn new ordinary shares.
SGX appoints Nels Friets as new Securities Head and SVP
The former chair of the SGX Securities Committee was also a founding member of the Securities Association of Singapore.