STOCKS

STI slides 2.2% on global growth fears

ASIAN markets were hit by another wave of risk aversion on Tuesday, after concerns over global growth sparked a steep sell-off on Wall Street overnight.

Singapore shares slide 2.2% on Tuesday on Fed tightening fears

SINGAPORE stocks slumped on Tuesday, with the Straits Times Index down 2.2 per cent or 68.71 points to 3,045.54. 

Singapore stocks: STI resumes Tuesday afternoon at 3,055.48, down 1.9%

SINGAPORE stocks resumed trading lower on Tuesday's market reopen, with the Straits Times Index falling 1.9 per cent or 58.77 points to 3,055.48. ...
STOCKS

No Santa rally in sight as Christmas nears

THE much-delayed "Santa rally" remains elusive as most Asian markets opened the second last week of the year with slim gains, after risk appetite took a hit from lacklustre economic data out of China last Friday. ...

Singapore shares close higher on Monday

SINGAPORE stocks finished higher on Monday, with the Straits Times Index gaining 1.2 per cent or 37.16 points to 3,114.25. 

Singapore stocks: STI resumes Monday afternoon at 3,121.05, up 1.4% on day

SINGAPORE stocks rose on Monday afternoon's trading resumption, with the Straits Times Index advancing 1.4 per cent or 43.96 points to 3,121.05 as at 1.08pm. ...

Genting theme park plans 'all in place', slated to open in early 2019

GENTING'S theme park "remains very much part of our plans" and will be ready by early 2019, said Lim Kok Thay, its chairman and chief executive officer...

Genting to launch world's biggest cruise liners in Singapore from 2020

A NEW fleet of 10 cruise ships will be launched over the next few years, with the first of the batch to berth in Singapore in 2020, said Lim Kok Thay, chairman and chief executive officer at Genting, on the sidelines of Genting Cruise Lines' 25th anniversary celebrations on Friday...
OUTLOOK 2019

US dollar to gain still against Singapore unit into new year

AFTER registering its biggest weekly drop in more than three months last week, amid a stronger-than-expected rally this year, the US dollar regained its footing this week and is expected to continue powering ahead into 2019, particularly against the Singapore dollar.

South-east Asia tech valuations 'to hold amid global drop'

GLOBAL tech valuations are coming down, but valuations in South-east Asia will still hold up for the next couple of years, says global valuation and advisory firm Duff & Phelps.
TAKING HEART

Insuring seniors: devil's in the details

MUCH has been said about rethinking insurance - and why the coverage matters - for Singapore's ageing population. But what stops seniors from getting insurance might just be a pesky little detail: complex health underwriting questionnaires...

IP watchdog says the word 'Brent' cannot be trademarked

BRENT cannot be trademarked, rules Singapore's intellectual property (IP) watchdog, in a dispute between two major American operators of market exchanges over registered trademarks related to Brent, a global benchmark for oil prices...

Medinex opens 14% above IPO price on debut

MEDICAL support services company Medinex made its Catalist debut on Friday at S$0.285, a 14 per cent jump from its S$0.25 initial public offering (IPO) price

HK shareholder makes general offer for Sunrise Shares at S$0.017 apiece

ELECTRICAL products trader and distributor Sunrise Shares' largest shareholder will make a S$0.017 per share general offer for the company after raising his stake past 30 per cent...

Brent cannot be trademarked, rules Singapore IP watchdog in US exchange operators' tussle

BRENT cannot be trademarked, rules Singapore’s intellectual property (IP) watchdog in a dispute between two major American operators of market exchanges over registered trademarks related to Brent, a global benchmark for oil prices.

Medinex starts trading on Catalist higher than IPO price

CATALIST-LISTED Medinex opened at S$0.285 on its trading debut, up from its initial public offering (IPO) price of S$0.25 per share.<br/><br/> Shares in Medinex, a provider of professional support services to medical clinics, traded sideways on Friday morning, with close to three...

Singapore shares open higher on Friday; STI up 1.1% to 3,149.5

SINGAPORE stocks opened higher on Friday, with the Straits Times Index gaining 33.98 points or 1.1 per cent to 3,149.5 as at 9am.

Sunrise Shares' largest shareholder raises stake, will launch S$0.017/share general offer

ELECTRICAL products trader and distributor Sunrise Shares' largest shareholder will make a S$0.017 per share general offer for the company after raising his stake past 30 per cent...

Cloud startup Sansan raises 3b yen in Series E funding

TOKYO-based cloud startup Sansan has raised three billion yen (S$36 million) in Series E funding for its business as it looks to grow in Japan and expand into South-east Asia, starting with Singapore.

Stamford Tyres Q2 profit drops 98.8% on costs

TYRE and wheels distributor Stamford Tyres Corp reported second-quarter net profit of just S$19,000, a near 99 per cent year-on-year plunge from S$1.62 million in FY18, due to higher costs.

Stamford Tyres Q2 FY19 net profit sinks 98.8% on higher costs

TYRE and wheels distributor Stamford Tyres Corp reported second-quarter net profit of just S$19,000, a near 99 per cent year-on-year plunge from S$1.62 million in FY18, due to higher costs. 

Cloud startup Sansan raises 3b yen in Series E funding to boost South-east Asia, Japan presence

<span class="bold"><strong></strong></span>TOKYO-BASED cloud startup Sansan has raised three billion yen (S$36 million) in Series E funding for its business, as it looks to expand into South-east Asia, starting with Singapore, and Japan. ...

Singapore shares open lower on Thursday; STI down 0.7% to 3,133.8

SINGAPORE stocks opened lower on Thursday, with the Straits Times Index retreating 22.12 points or 0.7 per cent to 3,133.8 as at 9am.

Stocks to watch: Cityneon, BreadTalk, StarHub, Kimly

THE following companies saw new developments which may affect trading of their shares on Thursday:

Cityneon's public float falls below 10%, to be delisted

CITYNEON Holdings' public float has fallen below the 10 per cent level required under listing rules, said its buyout offeror, who remains intent on delisting the company.<br/><br/>According to Thursday's exchange filing, as at 5pm on Dec 5, offeror West Knighton – a special...