SGX inks pact with Bank of China, CFETS to promote their bond indices outside China
THE Singapore Exchange (SGX) on Wednesday announced that it has signed a strategic cooperation agreement with Bank of China Limited (BOC) and China Foreign Exchange Trade System and National Interbank Funding Center (CFETS) to jointly promote the CFETS-BOC Traded Bond Index and its sub-indices...
Singapore family businesses upbeat on growth but need better succession plans: PwC
WHILE family businesses in Singapore are optimistic about growth and are keen to keep the business in the family, few have a robust succession plan in place compared to their global counterparts, according to the Global Family Business Survey 2018 released on Wednesday by professional services firm...
SINGAPORE FINTECH FESTIVAL 2018
Singapore leads Asia-Pacific in open banking readiness: poll
SINGAPORE ranks top in the Asia-Pacific region for its advanced open banking readiness, a survey released on Wednesday by global financial software provider Finastra has found.
Singapore shares decline at Wednesday's open; STI down 0.36% to 3,042.53
SINGAPORE stocks opened weaker on Wednesday, with the Straits Times Index moving down 0.36 per cent or 11.07 points to 3,042.53 as at 9.02am after US markets declined overnight, dragged by energy stocks.
Cromwell E-Reit posts 10-month DPU of 0.0361 euro, beats forecast
CROMWELL European Reit (Cromwell E-Reit) on Wednesday reported that its distribution per unit (DPU) for the 10 months ended Sept 30 was 3.61 euro cents, beating its forecast by 1.9 per cent.
Stocks to watch: ST Engineering, CapitaLand, SIA, Magnus, Yanlord, UOL
THE following companies saw new developments which may affect trading of their shares on Wednesday:
CapitaLand posts 13.6% rise in Q3 profit to S$362.2m
PROPERTY developer CapitaLand Limited on Wednesday posted a 13.6 per cent rise in net profit for the third quarter, on the back of higher operating profit and gains from asset recycling.
SGX moves to T+2 securities settlement cycle starting Dec 10
THE Singapore Exchange (SGX) will launch a new securities settlement and depository framework and system on Dec 10, which will reduce settlement cycles from three to two days (T+2) and enable simultaneous settlement of money and securities.
Valuetronics reports 12.8% drop in Q2 net profit
VALUETRONICS Holdings' net profit decreased 12.8 per cent for the second quarter ended Sept 30, the electronics manufacturing services company said on Monday...
Halcyon Agri Q3 profit dives 75.8% on compressed margins from low rubber prices
HALCYON Agri Corporation's net profit dived 75.8 per cent for the third quarter ended Sept 30 to US$1.7 million from US$7.2 million a year ago as low rubber prices continue to compress its margins, the firm said on Monday...
Sasseur Reit Q3 DPU 4.5% higher than forecast at 1.542 S cents
REAL estate investment trust Sasseur Reit on Monday announced a distribution per unit (DPU) of 1.542 Singapore cents for the third quarter ended Sept 30.
Singapore shares decline at Monday's open; STI down 0.25% to 3,070.18
SINGAPORE stocks opened lower on Monday, with the Straits Times Index slipping 0.25 per cent or 7.79 points to 3,070.18 as at 9.02am.
Stocks to watch: SGX, Oxley, Gaylin, Federal International (2000), Valuetronics
THE following companies saw new developments which may affect trading of their shares on Monday:
Valuetronics posts 12.8% fall in Q2 earnings
VALUETRONICS Holdings posted a 12.8 per cent decrease in net profit for the second quarter ended Sept 30, the electronics manufacturing services company said on Monday morning.
Economic data, geopolitics in focus this week
IT appears that there are no clear winners in the US-China trade war, as markets around the world, including in the US, were dragged down at the end of last week by signs of slowing Chinese economic growth.
AMTD sees S'pore as regional gateway
IN the long-standing rivalry between Singapore and Hong Kong for dominance as Asia's financial hub, not everyone sees a need to pick a side...
Trade tensions continue to depress Asian markets
ASIAN markets ended a choppy week lower on Friday, tracking US markets as relief over the outcome of the recent midterm elections faded, and investors turned their attention back to the Federal Reserve's interest rate hikes and the ongoing trade war...
Singapore shares end lower on Friday
SINGAPORE stocks closed lower on Friday, with the Straits Times Index retreating 0.49 per cent or 15.27 points to 3,077.97.
Singapore stocks: STI resumes Friday afternoon at 3,067.8, down 0.84% on day
SINGAPORE stocks fell on Friday afternoon's trading resumption, with the Straits Times Index retreating 25.44 points or 0.84 per cent on the day to 3,067.8 as at 1.02pm...
Asian markets rise on US election outcome
ADBS chief investment officer Hou Wey Fook said that the results were overall positive for financial markets because the political gridlock caused by a split Congress will weigh on fiscal stimulus in the US, and in turn slow down the rise of the US dollar and rates.
Singapore shares end higher on Thursday
SINGAPORE stocks ended higher on Thursday, with the Straits Times Index moving up 0.91 per cent or 27.88 points to 3,093.24.
Singapore stocks: STI resumes Thursday afternoon at 3,093.58, up 0.92% on day
SINGAPORE stocks rose on Thursday afternoon's trading resumption, with the Straits Times Index advancing 28.22 points or 0.92 per cent on the day to 3,093.58 as at 1.02pm...
Infusing science with fun
SCIENCE isn't fun - at least, not the way it's taught in school, says Rosemary Tan, founder and CEO of local biotech firm Veredus Laboratories...
Helping women scale the career ladder
THE first step to solving a problem, they say, is recognising that there is one. And when it comes to gender inequality in the workplace, Singaporeans often see no problem to be solved.
Opening the black box of AI
FEAR and distrust are often initial reactions to new technology like artificial intelligence (AI), since the less we know about something, the more mysterious and dangerous it seems.