Singapore Wrap Tuesday

Sing dollar falls through S$1.43 against US dollar, to fresh six-year low

The Singapore dollar (SGD) fell through S$1.43 on Tuesday, to a fresh six-year low, on increased concerns over global growth.

Singapore property auction market records S$27.6m of sales in Q3

The Singapore property auction market saw S$27.6 million of deals in the third quarter of the year, more than double the S$10 million seen in the second quarter though slightly below the S$31.7 million seen a year ago.

S$ bonds resilient amid equity, currency selloffs

The Singapore bond market is holding up rather well amid a stockmarket selloff and currency jitters, as bond investors remain comfortable with local issuers.

Singapore now Asia's most important commodities trading hub: IE Singapore

Singapore's total offshore trade turnover for commodities hit US$1.3 trillion in 2014, said International Enterprise (IE) Singapore on Tuesday.

JTC to sell 2 confirmed list sites at Tampines and Tuas for industrial use

JTC has launched a tender to sell two confirmed list sites at Tampines Industrial Drive (Plot 3) and Tuas South Link 2 (Plot 5) under the second-half 2015 Industrial Government Land Sales (IGLS) programme.

The STI today

Singapore shares close weaker, but late rebound helps trim losses

Another day, another new low, though in the end it could have been a lot worse. The Straits Times Index (STI) on Tuesday fell for a fifth consecutive session to reach a fresh 38-month low of 2,787.94, its 3.98-point loss coming in the wake of a large - but not wholly unexpected - blowout on Wall Street that triggered selling pressure throughout the region.