Capital Markets & Currencies

Shipping stocks benefited from expectations for higher freight rates due to the Iran war

The US dollar tends to lag when growth is looking solid elsewhere in the world, says an expert

Reflecting investor angst over rising government spending, the so-called long bond interest rate hits 5.31% on Aug 17, its loftiest since 2007

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Aug 18):

Goldman Sachs raised its 12-month target for the Stoxx 600 to reach 695 points from 660 previously

All three major indices closed lower for the day

Chinese onshore “panda” and offshore “dim sum” yuan bond sales reached record highs of in the first half

The index slipped 1.6 per cent last week

The currency has strengthened 0.9% so far in August, ranking as the second-best performer among South-east Asian peers