SEOUL, Korea, Republic Of - Asian stock markets were higher on Wednesday following ... are poised for further up move in the morning," said Jingyi Pan, a market strategist at IG in Singapore. "Early movers in the region, with the exception of the ... ( read original story ...)
Stocks in Asia Boosted by PMI Numbers
Panasonic stock was off 2.2% and Mizuho declined 0.6% by the end of the session. On the earnings front, Japan's Honda reported after the market close that it topped ... to 2,422.96 In Singapore, the Straits Times Index tacked on 8.68 points, or 0.3% ... ( read original story ...)
Asia Digests Chinese PMI Data, Stocks Hike
Japan Airlines stock was off 0.6% at the end of the session. Mizuho Financial Group also announced quarterly earnings after the market close ... to 2,402.71 In Singapore, the Straits Times Index dipped 1.23 points to 3,329.52 In New Zealand, the NZX ... ( read original story ...)
Markets meander in Asia, Europe following record-high close on Wall Street
SEOUL, Korea — Global stock markets meandered in mixed trading on ... number to assess the health of the jobs market,” said Margaret Yang, a market analyst at CMC Markets in Singapore. “A higher figure indicates rising employment and potential ... ( read original story ...)
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Now is not the time to pull back from trade with Saudi Arabia
A rise in tensions puts TMX Group Ltd.’s bid to win a piece of the planned initial public offering (IPO) of Saudi Arabian Oil Co. for the Toronto Stock ... the open market. Saudi retaliation against Canada would put players such as London, Singapore ... ( read original story ...)
Singapore’s Foreign Direct Investment to Nigeria hits $908.8m in 5 years
The Minister of Finance, Mrs Kemi Adeosun, in her comments said the pact between Nigeria and Singapore has clearly spelt out taxing rights of each country in respect of different income derived from each country. The agreement according to Adeosun “will ... ( read original story ...)
Nigeria, Singapore sign pact on double taxation avoidance
The Minister of Finance, Mrs. Kemi Adeosun, signed the agreement on behalf of the Federal Government, while Singapore’s Minister of State for Trade and Investment, Dr. Koh Poh Koon, endorsed the pact on behalf of his government. Adeosun explained that ... ( read original story ...)
Recipe to ride waves of change: Firms, workers ‘must build capabilities’
SINGAPORE — With uncertainty about how technology will affect the global economy, firms and employees must build their capabilities to prepare for the future, Finance Minister Heng Swee Keat said last night. Speaking at the 61st annual dinner for the ... ( read original story ...)
Heng Swee Keat gets lifetime award from Economic Society
Finance Minister Heng Swee Keat was made an Honorary Fellow of the Economic Society of Singapore during its annual dinner last night. The lifetime award was conferred in recognition of his contributions to economic policymaking. Only five other people have ... ( read original story ...)
S’poreans urged to embrace ‘lifelong learning and doing’
Finance Minister Heng Swee Keat said last night. He noted that the world is being roiled by major structural changes, but Singapore will be well placed to meet the challenges if firms and individuals can adapt quickly enough and build up strong capabilities. ( read original story ...)
Nigeria, Singapore trade volume hits N846bn – Adeosun
She announced this in Abuja at the signing of an agreement on avoidance of double taxation with Singapore. The balance of trade net of petroleum export stood at N42bn in favour of Singapore, while the volume of Foreign Direct Investment (FDI) from ... ( read original story ...)
Singapore PMI Rises
July’s reading was lifted by improvements in new domestic and export orders, though a dip in employment ... semiconductors—has given Singapore’s manufacturing sector a shot in the arm. ( read original story ...)
Product Tankers: Market Seems to Take A Step Back, but Trade Still Quite Impressive Says Shipbroker
At the start of 2017, exports to South East Asia (+44% YoY) grew strongly underpinned by trade with Singapore, while North East Asia (+2% YoY) was relatively stagnant. Another important development at the start of the year is that second‐tier ... ( read original story ...)
Nigeria, Singapore agree to protect investors from double taxation
The volume of trade between the two countries from 2011 to 2015 stands at N846 billion, the absolute Balance of Trade was N222 billion in favour of Nigeria while Balance of Trade net of petroleum export stood at N42 billion in favour of Singapore. ( read original story ...)