ST Index extends gains for 7th session
SINGAPORE shares started out strong on Monday, hitting an intraday record high for the first time in over two years before shedding some gains but managed to extend the rally for the seventh straight session.
STI advances in 7th straight session
SINGAPORE equities extended its rally for a seventh consecutive session on Monday, buoyed by strong local earnings and general optimism over the weekend election victory of Japan's pro-business prime minister and US President Donald Trump's tax cut plan...
STI to sway to earnings, US Fed chief pick
MARKET sentiment seems to have entered a rather blithe phase even though investors have demonstrated the ability to be fickle. The Straits Times Index (STI) generally tracks the Dow futures closely, but sometimes it may change course.
Cheery mood spurs STI's rally for 5th day
OPTIMISM in major economies and firm US and local earnings continued to fuel Singapore equities' staying power on Friday after it extended gains made in the past four sessions. ...
Singapore shares close 5.82 points higher on broad optimism
BROAD optimism in global economies and better US earnings continued to fuel Singapore equities' staying power on Friday after it extended gains made in the past four sessions...
Growth-hungry SMG snaps up clinic for S$7.9m
SIX months after moving into the paediatric space, Catalist-listed healthcare provider Singapore Medical Group (SMG) has added a third paediatric clinic - its first hospital-based clinic at Mount Alvernia Hospital - for S$7.9 million, with plans to add a fourth specialist in the first quarter next...
HOCK LOCK SIEW
When agents migrate, it takes two to tango
IT'S been argued that technically, one can tango, but it definitely took two to dance in the latest poaching incident in the insurance industry...
ST Index rallies for fourth straight day
POSITIVE US earnings and what can be argued as upbeat data from China as its Q3 growth of 6.8 per cent remained higher than the government's full-year target, spurred the extension of Singapore shares' rally for a fourth straight day...
STI adds nearly 6 points to extend rally
WHAT can be argued as upbeat growth data from China and positive US earnings spurred the extension of the rally in Singapore, with local shares making further gains for the fourth straight day.
STI, Asia stocks ride on Wall Street highs
UP and up it was for Asian equities as they continued their rally on Tuesday, riding on expectations of higher interest rates and optimism from Wall Street, even though traders took a pause after recent gains.
STI adds 6 points on Tuesday to end at 3,329.03
INSPIRED by Wall Street's record close and higher oil prices, most Asian equities extended their rally on Tuesday including the benchmark Straits Times Index (STI) which added 5.97 points or 0.18 per cent to close at 3,329.03...
Asian markets climb to highest in 10 years
THE promise of a rosy growth for China at a pace of 7 per cent and a jump in oil prices drove regional equities rally on Monday, following Wall Street gains over the weekend.
STI extends rally by 4 points in firm session
REGIONAL indices rallied on Monday on the back of China's rosy growth outlook and a surge in oil prices...
Plenty of catalysts that could fuel STI's climb
MUST all good things come to an end? Based on the Straits Times Index's (STI) track record, what goes up must come down, but perhaps the climb this time round can last a little longer and further, given the right catalysts...
STI ends Friday's session up 16 points
THE Straits Times Index (STI) finished Friday's session with a gain of 16.02 points or 0.49 per cent at 3,319.11, lifted by shares of market movers including OCBC, UOB and ThaiBev...
Talent war, consumer confusion worry smaller financial advisory firms
A GROWING financial advisory (FA) sector with more insurers setting up their own FA firms is putting pressure on smaller players to compete more aggressively for talent in a market where there are at least five different business models.
Healthcare sector upside to come from regional earnings
EVEN though healthcare stocks have broadly underperformed the rest of the market this year, they still trade at premium valuations that ultimately will have to be justified by earnings - mostly from regional expansion.
Minimum interest rates for CPF SMRA accounts stay at 4%
CENTRAL Provident Fund (CPF) members will continue to benefit from the government's decision to extend the 4 per cent minimum interest rate earned on all Special, Medisave and Retirement Account (SMRA) monies for one year until end-December 2018. ...
SingHaiyi-led group bags tender for Sun Rosier for S$271m
FOUR weeks after the owners of Sun Rosier condominium along How Sun Drive put up their freehold site for en bloc sale, a SingHaiyi-led group has won the tender for S$271 million, higher than the asking price.
CEA fines and suspends property agent for breaching code of ethics
THE Council for Estate Agencies' (CEA) Disciplinary Committee has slapped a S$6,000 fine on PropNex Realty property agent Ng Ser Leong for two counts of breaching the code of ethics and professional client care...
CPF members to benefit from extension of 4% minimum interest rate
THE government will extend the 4 per cent minimum interest rate earned on all Special, Medisave and Retirement Account (SMRA) monies for one year until end December 2018.
SingHaiyi-led group wins Sun Rosier tender for S$271m
A SingHaiyi-led group has won the Sun Rosier condominium tender for collective sale at S$271 million, or S$1,325 per square foot (psf) per plot, higher than the asking price.
MAJOR PROPERTY DEALS
GIC in another mega buy with US$909m Tokyo deal
SINGAPORE'S sovereign wealth fund GIC has added to its investments in Japan by partnering Invincible Investment Corporation, a public hotel and residential Japan real estate investment trust (J-Reit), to acquire Sheraton Grande Tokyo Bay Hotel for about 100 billion yen (US$909.1 million)...
Ex-China Hongxing CEO offers 100m yuan for operating units
SINGAPORE-LISTED China Hongxing Sports Limited's former chief executive has made a 100 million yuan (S$20.5 million) offer to acquire the company's operating subsidiaries...
GIC-backed JV to buy Sheraton Grande Tokyo Bay Hotel for US$909.1m
SINGAPORE'S sovereign wealth fund GIC will enter into a joint venture with Invincible Investment Corporation, a public hotel and residential J-Reit, to acquire Sheraton Grande Tokyo Bay Hotel for about 100 billion yen (US$909.1 million)...