Cross-border listings ballooned 300% in value compared to domestic flotations which surged 64%. With a growing number of Singapore companies choosing to list abroad, the number of cross-border listings ballooned 300% in terms of volume and 166% in terms of ... ( read original story ...)
Market Reaction Muted After Singapore Summit
The Singapore summit with US President Donald Trump and North ... The jobs report further highlighted the difficulties facing the Bank of England which is clearly keen to start raising interest rates and normalising monetary policy. Unemployment remains ... ( read original story ...)
‘Where is Singapore?’: Trump-Kim summit a PR coup for tiny city-state
SINGAPORE (Reuters) - As images of North Korean leader Kim Jong Un strolling by revelers at a rooftop bar the night before an unprecedented meeting with President Donald Trump circulated around social media sites, U.S. citizens started asking 'Where is ... ( read original story ...)
‘Nirav Modi flees to Brussels, believed to be travelling on Singapore passport’
The diamond merchant, wanted in India's biggest-ever banking scam, is said to be travelling in and out of the UK freely, possibly on a Singapore passport, not an Indian one. On Monday, the CBI had requested Interpol for a red corner notice + against Nirav ... ( read original story ...)
Asian stocks rise with eyes on Singapore summit
Just don't ask what comprises a 'deal' and we are fine. At the risk of sounding a tad frivolous, that appears to be the truth of the matter,” said Vishnu Varathan of Mizuho Bank in Singapore of the Trump-Kim summit. ENERGY: Benchmark U.S. crude rose 3 ... ( read original story ...)
Bank stocks dipped from all-time high amidst May-June lull
Singapore bank stocks have declined to 7% YTD ever since they gained 9% during their all-time high this year. OCBC Investment Research analyst Carmen Lee noted that at this year's high, DBS was up 23%, OCBC was up 13%, and UOB was up 13%, which brought the ... ( read original story ...)
Ivanka Trump tweeted a ‘Chinese Proverb’ at Trump’s critics before the Singapore summit — but it looks like it’s not Chinese at all
Donald Trump's daughter posted a quote from what she said was a Chinese proverb on Monday. It said: "Those who say it can not be done, should not interrupt those doing it." Ivanka's post appeared to be a jab at her father's critics as he prepared to meet ... ( read original story ...)
Two fined in separate cases of possession of illegal wildlife, illegal import of bird
The seized animals were placed under the care of Wildlife Reserves Singapore. In a separate incident, a 23-year-old man was fined $5,000 for illegally importing a live bird into Singapore. Lim Ke Yi had hidden the white-rumped shama in a potato chip tube ... ( read original story ...)
Trump-Kim summit: Deciphering what happened in Singapore
These are external links and will open in a new window Donald Trump arrived in Singapore promising to make history. That he did by shaking Kim Jong-un's hand for the world's cameras - becoming the first sitting US leader to meet his North Korean counterpart. ( read original story ...)
North Korea Says It Won Major Concessions From Trump in Singapore
SEOUL, South Korea — A day after its leader’s historic talks with President Trump, North Korea wasted no time on Wednesday spinning the results in its favor, claiming it had won major concessions from the United States. The authoritarian country’s ... ( read original story ...)
Singapore’s Mobile Market: A Quick Overview for Travellers
Whether you are travelling to Singapore for business or pleasure, it is a good move to understand upfront the realities on ground, especially with regards telecommunications. That way, you can plan ahead and make informed decisions with regards getting ... ( read original story ...)
China imports to underpin Asia toluene market in H2 2018
SINGAPORE (ICIS)--Asia’s toluene market direction in the ... marked the end of three weeks’ worth of stable-to-firm price trend. This followed weaker import demand from China for July, which mainly stemmed from the ending of traders replenishing ... ( read original story ...)
Donald Trump Accuses India of Charging 100 Per Cent Import Tariff, Threatens to Cut Trade Ties
Trump has repeatedly raked up the issue of India imposing high import duty on the iconic Harley-Davidson motorcycles ... if we have to do it,” Trump warned before leaving Canada for Singapore where he is scheduled to hold a much publicised summit with ... ( read original story ...)
Kenya, Singapore ink deal to cut taxes, boost investments
Trade between the two states has nosedived in the last five years with Kenya’s annual imports falling from Sh19.4 billion in 2013 to Sh5.8 billion last year and exports dropping from Sh1.8 billion to Sh375 million. Kenya and Singapore have signed pacts ... ( read original story ...)
Chart of the Day: Weak outputs and imports weighed on manufacturing output in May
This chart from OCBC Treasury Research showed that Singapore’s manufacturing purchasing managers index (PMI) in May was pulled down six out of eight indicators, led by a lower output (-0.4) and imports (-0.4). Overall, PMI declined 0.2 points but still ... ( read original story ...)
Singapore Market Expected To Remain Rangebound
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had gathered more than 55 points or 1.6 percent. The Straits Times Index now rests ... ( read original story ...)