The Business Times
business-time-50

Baltic Exchange new Asia head eyes stronger regional presence

google-preferred-sourceAdd BT as a preferred source
Angela Tan

Angela Tan

Published Sun, Mar 10, 2019 · 09:50 PM

    Singapore

    MORE than two years since Singapore Exchange (SGX) sealed its £87 million (S$156) purchase of Baltic Exchange, one of London's oldest establishments, the latter is poised for a stronger presence in Asia.

    Founded in 1744 as a forum for chartering vessels, the Baltic Exchange produces benchmark indexes for global shipping rates and owns a trading platform for the freight derivatives market. It was bought over by SGX in November 2016.

    Baltic Exchange

    TRENDING NOW

    The 99-year leasehold Berlayar Drive site can yield about 415 private housing units.

    Hong Leong, GuocoLand JV sole bidder for condo plot on former Keppel Club site

    Yeoh Pei Xien is the youngest grandchild of Yeoh Tiong Lay, who founded Malaysian multinational conglomerate YTL Corporation.

    Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart

    Developments that are between 40 and 59 years old would need at least 70% of owners to agree to go ahead, down from the current 80%.

    Lower consent hurdle among changes proposed for en bloc sales to spur redevelopment, protect minority owners

    Nvidia is building ever-larger chips with billions of transistors and increasing amounts of high-bandwidth memory attached.

    Nvidia will soon face a chip limit, warns Huawei’s top scientist

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More