Markets & Investing

Swiss Re reported US$863mn net income for 2010

The high net income reflects the sustained earnings power of its business and the strength of its client franchise.

Swiss Re reported US$863mn net income for 2010

The high net income reflects the sustained earnings power of its business and the strength of its client franchise.

CapitaMalls Asia profit jumped 9% in 2010

Profit after tax and minority interests came in at $421.9 million for FY2010.

Temasek launches US$5bn euro-commercial paper programme

The commercial paper programme will supplement Temasek's strong liqudity and the proceeds will be used to fund their business.

Citigroup partners with SGX as new depository bank

SGX is enhancing its suite of American Depository Receipts by adding new companies from other Asian countries and partnering a second depository bank...

CapitaMall offers $200mn worth of bonds

The bonds will be in aggregate principal amount of 2.00 per cent due 2013.

Singapore is the favourite location for investment bankers

Singapore topped London, New York, and Dubai as talented bankers in the UK capital seeking jobs in the Asia Pacific region.

Olam International net profit dropped 1.3% in 1H 2011

Net Profit After Tax including exceptional gain was $175.5 million compared to $177.9 million achieved in 1H FY2010.

StarHub net profit dropped 18% in 2010

Operating revenue for the quarter rose 2% to $559 million compared to $550 million y-o-y.

SGX pleased with progress of ASX bid

The Singapore Exchange was pleased with the progress it has made so far with Australian regulators in its bid for Australia's ASX , SGX's CEO told...

Exchange tie-ups put focus on Asia

A wave of stock exchange consolidation globally has thrown the spotlight on Asia's bourses.

Singapore Exchange names Michael Syn new derivatives head

SGX sees potential in Syn’s leadership and business development experience in investment banking and investment management.

Fraser and Neaves bailed out by Kirin's 15% stake

Kirin's increased stake in Fraser and Neaves provides support to the share price, and possible provide catalyst for restructuring over the medium to...

Treasury bill auction fetched 0.28% average yield

The $3.9 billion 3-month T-bill had the lowest bid-cover ratio since November last year.

Singapore Exchange derivatives volume up 2% in January 2011

Derivatives volume was 5.1 million contracts and the average daily volume was 260,233.

Singapore stayed immune to stock market shocks in Nov-Dec 2010- Morgan Stanley

The financial advisory firm said the city-state is the lone ASEAN market where investor portfolio weights did not decrease in the last two months of...

Phillip cuts target for SATS to $3.30

Phillip Securities has lowered its target price for Singapore Airport Terminal Services to US$2.59 from US$2.73 on concerns over food inflation, but...

IPO market capitalisation jumped 5-fold in 2010

39 new IPOs expanded the market capitalisation by $51 billion.