Singapore Wrap Tuesday
Today's notable stories
Macroeconomic News
Company Earnings
SME payments in Q1 slow to near three-year low
Small and medium-sized enterprises (SMEs) took 44 days to settle their accounts in the first quarter of this year - translating into the slowest rate of payment since the second quarter of 2012, data from DP Information Group showed on Tuesday.
Temasek is single-largest foreign investor in Chinese banks: report
Singapore's Temasek Holdings is the single-largest foreign investor in Chinese banks, data from SNL Financial on Tuesday showed.
Private home resale prices nearly flat, transactions rise 31% in March: SRX
Non-landed private residential resale prices dipped 0.2 per cent in March 2015, compared to February, but resale volume rose 31 per cent from a low base.
Great Eastern sells most of stake in China Life for HK$4.31 billion
Great Eastern Holdings said on Tuesday it has sold HK$4.31 billion (S$763 million) worth of shares in Hong Kong-listed China Life Insurance Company through its subsidiaries.
Singapore: SGX's surge helps STI cross 3,500 as penny punting continues
A continuation of the surge in the shares of the Singapore Exchange (SGX) was one of the highlights of trading on Tuesday, the others being a sudden 36.69 points or 1.05 per cent upward thrust in the Straits Times Index to 3,521.88 and a continued focus on low-priced penny stocks with all 20 most active stocks for the day priced below S$0.20.
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International
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations