Noble to seek court-ordered administration in Bermuda to complete restructuring into New Noble
TROUBLED commodities trader Noble Group said that it will apply to the Bermudian court for a hearing on Dec 14 for a court-ordered administration in Bermuda to complete the restructuring of the company into New Noble.
Singapore firms raise US$4.9b in equity capital markets to date in 2018; 30.1% fall from 2017: Refinitiv
SINGAPORE companies have raised US$4.9 billion in equity capital markets (ECMs) so far this year, a 30.1 per cent decline in proceeds compared to 2017, according to findings in Refinitiv's Singapore ECM Q4 2018 preliminary review...
S&P Dow Jones Indices unveils index series incorporating iron ore contract
INDEX provider S&P Dow Jones Indices on Tuesday launched the S&P GSCI Iron Ore and the S&P GSCI Industrial Metals & Iron Ore Equal Weight indices, an expansion of the single and sector commodity series of indices based on the benchmark S&P GSCI.
Singapore condo resale prices up in 0.2% in November following 3 months of declines: SRX
RESALE prices of private non-landed homes in Singapore increased in November, after three straight months of declines after property cooling measures were introduced in July, flash estimates by real estate portal SRX Property has shown on Tuesday.
Singapore shares open lower on Tuesday; STI down 0.6% to 3,055.06
SINGAPORE shares opened lower on Tuesday, with the Straits Times Index down 17.38 points or 0.6 per cent to 3,055.06 as at 9.05am. <br/><br/>About 50 million shares worth S$90 million in total changed hands, which worked out to an average unit price of S$1.78 per share.
Pine Capital to buy up to 51% of Hong Kong investment firm for HK$2.55m in shares
FINANCIAL services group Pine Capital plans to buy up to a 51 per cent stake in Hong Kong-based asset management firm Silver Tree Hong Kong for HK$2.55 million (S$447,368.43) in shares, according to an announcement on Tuesday before the market opened.
US-China trade talks, data to give market direction
INVESTOR sentiment see-sawed in the past week with Asian markets starting on a high from news of a 90-day US-China trade truce, only to be foiled by doubt and subsequently, the arrest of Huawei's chief financial officer in Canada over potential violations of US sanctions on Iran...
Another volatile week for Asian markets
IN RECENT months, volatility seems to be the mantra of the markets with this week being a prime example of that.
THE FINISH LINE
Battle among London's finest
WITH over a third of the Barclays Premier League season done and dusted, most football fans have yet to put a foot wrong when it comes to predicting the top two teams in the standings.
SGX's derivatives flow faster in Nov as securities dry up
DERIVATIVE trading volumes continued to grow in November on the Singapore Exchange (SGX), giving the market operator some relief from the slowdown in securities action.
Singapore shares end lower on Friday
SINGAPORE shares closed lower on Friday, with the Straits Times Index down 4.4 points or 0.1 per cent to 3,111.12. <br/><br/>About 978 million shares worth S$856 million in total changed hands, which worked out to an average unit price of S$0.87 per share.
SGX daily average value of securities in November down 21% y-o-y but derivatives volume up 9% on year
WHILE activity in trading securities continued its downward trend year on year, the volume of derivatives contracts continued to grow, according to market statistics for November released by the Singapore Exchange (SGX).
Singapore stocks: STI resumes Friday afternoon at 3,130.71, up 0.5% on day
SINGAPORE shares resumed trading on Friday afternoon on higher ground, with the Straits Times Index up 15.19 points or 0.5 per cent to 3,130.71 as at 1.05pm.
Rekindled US-China tensions hit Asian markets
ASIAN markets were dealt another blow on Thursday as optimism from the US-China trade truce was all but extinguished with the arrest of Huawei Technologies' chief financial officer (CFO) in Canada over potential violations of US sanctions on Iran...
Rich Capital shares up 16.7%
SHARES in Catalist-listed Rich Capital Holdings were on a tear, gaining some 33.3 per cent during Thursday's early session, before closing 16.7 per cent up, or 0.1 Singapore cent to 0.7 cent. ...
Singapore shares close lower as Huawei CFO arrest dents sentiment
SINGAPORE shares closed lower on Thursday as the arrest of Huawei Technologies' chief financial officer for alleged violations of US sanctions on Iran threatened to send already fragile relations between Washington and Beijing further south...
Broker's take: Maybank Kim Eng upgrades SIA Engineering to 'buy' as growth risks are priced in
BROKERAGE Maybank Kim Eng has upgraded its call on mainboard-listed SIA Engineering to "buy", but lowered its target price for the stock from S$3.50 to S$3.00. The upgrade comes as negatives stemming from growth risks caused by structural changes in commercial aircraft maintenance, repair...
Hot stock: Rich Capital shares up 33.3% to 0.8 Singapore cent in early session
SHARES in Catalist-listed Rich Capital Holdings are on a tear, gaining some 33.3 per cent during Thursday's early session, with the stock advancing 0.2 Singapore cent to 0.8 Singapore cent before the midday break...
Singapore stocks: STI resumes Thursday afternoon at 3,118.42, down 1.2% on day
SINGAPORE shares resumed trading on Thursday afternoon on lower ground, with the Straits Times Index down 37.5 points or 1.2 per cent to 3,118.42 as at 1.06pm.
Asian markets down on Wall Street sell-off
HIS tweets may have bearing on market sentiment and shake indices but US President Donald Trump's comments on the US-China trade truce is not the only factor to have played into Wall Street's sell-off on Tuesday. It also played into a lacklustre session for Asian markets...
Singapore shares end lower on Wednesday
SINGAPORE shares closed lower on Wednesday, with the Straits Times Index down 11.87 points or 0.4 per cent to 3,155.92.<br/><br/>About 1.26 billion shares worth S$873 million in total changed hands, which worked out to an average unit price of S$0.69 per share.
STI retreats as market confidence fades
MONDAY'S rally on Asian equity benchmarks, driven by the positive sentiment surrounding the trade truce between the US and China, was partially reversed on Tuesday...
Singapore shares close lower on doubts over US-China trade truce
SINGAPORE shares closed lower on Tuesday, denting gains made on Monday as uncertainty over the US-China trade truce sent stocks lower.
Singapore stocks: STI resumes Tuesday afternoon at 3,154.8, down 1.1% on day
SINGAPORE shares resumed trading on Tuesday afternoon on lower ground, with the Straits Times Index down 35.82 points or 1.1 per cent to 3,154.8 as at 1.07pm.
Ceasefire good news for Asia markets, EM currencies
NEWS over the weekend of a deal between the United States and China on the sidelines of the G-20 Summit spelt good news for markets in Asia with key indices ending the day's trading on higher ground...