Singapore Wrap Thursday
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AUM in Singapore up 30% to S$2.4 trillion in 2014: MAS
Singapore's assets under management (AUM) grew by 30 per cent year-on-year to S$2.4 trillion in 2014, said the Monetary Authority of Singapore (MAS) on Thursday.
Singapore's Q2 domestic wholesale trade falls 19%
Singapore's domestic wholesale trade contracted by 18.8 per cent in the second quarter of this year compared to the year-ago period, partly due to lower prices of petroleum and chemical products, data released by the Singapore Department of Statistics on Thursday showed.
Soo Kee sheds 10% an hour into trading on its debut day
Jeweller Soo Kee Group fell three Singapore cents or 10 per cent to S$0.27 an hour into its first trading day on Thursday on Singapore Exchange's ( SGX) Catalist board. Its initial public offering price was S$0.30.
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Fitch: Noble's negative operating cash in Q2 2015 to reverse in H2
Fitch Ratings says today that Noble Group Limited's (Noble, BBB-/Stable) second-quarter results reflect a stable financial profile, despite an increase in debt due to working capital expansion, which will set the stage for stronger operating cash flow generation in the second half of 2015.
Singapore General Election
The STI Today
The Singapore market fell one per cent on Thursday, with the Straits Times Index retreating 31.47 points to close at 3,009.78.
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