Singapore Wrap Thursday
Today's notable stories
CapitaLand proposes to issue S$650m convertible bonds
Capitaland on Thursday proposed to issue S$650 million bonds that can be converted into new shares, to be placed with institutional and accredited investors.
SIA posts 47% rise in net profit for Q4
Singapore Airlines (SIA) reported a net profit of S$39.6 million for the fourth quarter of FY14/15, up nearly 47 per cent year on year.
Singtel's Q4 profit grows 4.5% at S$939m
Singapore Telecommunications' (Singtel) net profit for the fourth quarter ended March 31, 2015, held steady at S$939 million, rising 4.5 per cent from the S$898 million recorded in the corresponding period last year, due to growth in customers and data services at its regional mobile associates.
More Corporate Earnings
Sheng Siong gets nod to operate supermarkets in China
Singapore supermarket chain operator Sheng Siong Group said on Thursday it has received all the necessary approvals from the relevant Chinese authorities on its proposed joint venture (JV) to operate supermarkets in China with Kunming LuChen Group.
Singapore: Mixed session in low volume
The Straits Times Index on Thursday drifted lower for most of the session before ending at 3,455.78 for a net gain of 2.61 points. Brokers said the move was in line with expectations since many had expected Wednesday's short-covering bounce to quickly run out of momentum.
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International
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons
BOE reports record usage of short-term liquidity repo
Philippines central bank not seeing rate hike despite peso weakness: finmin