Hong Kong’s stock exchange group took a big step in its efforts to broaden its appeal to international investors on Wednesday when it snatched a key derivatives licensing agreement from the hands of ... ( read original story ...)
Singapore: GDP could contract 4%-7% this year – UOB
Singapore’s economic activity carries the potential to contract between 4% and 7% this year as a consequence of the impact of the coronavirus crisis on the economy, noted Barnabas Gan, Economist at ... ( read original story ...)
Dividends from Singapore companies to fall 4.5% this year on Covid-19 impact: IHS Markit
Singapore companies are expected to deliver US$14.2 billion i(S$20.2 billion) n dividends in 2020, down 4.5 per cent from US$14.8 billion a year ago.. Read more at straitstimes.com. ( read original story ...)
Singapore stock watch: SGX, DBS, OCBC, China Sunsine Chemical, DLF Holdings, Sapphire Corp
The following companies saw new developments that may affect trading of their shares on Wednesday (May 27):. Read more at straitstimes.com. ( read original story ...)
Singtel share price: 4 key considerations ahead of Q4 earnings
When will Singtel’s Q4 and full-year FY2020 financial results be released? Singapore Telecommunications (Singtel) is set to announce its fourth quarter earnings for the three months ended 31 March ... ( read original story ...)
Singapore’s PIL Seeks Temasek Investment for Survival
Pacific International Lines is in talks with an arm of Singapore sovereign wealth fund Temasek Holdings over a potential investment aimed at keeping the debt-ridden container ship operator from ... ( read original story ...)
Singapore: Q2 may be the worst point – Standard Chartered
Economists at Standard Chartered Bank raise Singaporean 2020 GDP forecast to reflect potentially higher operating level during the ‘circuit-breaker’ period while Q2 growth may ... ( read original story ...)
Singapore plans $23.2 billion fourth stimulus package to support coronavirus-hit economy
Singapore's government on Tuesday announced another 33 billion Singapore dollars ($23.2 billion) to support its economy which has been severely hit by the coronavirus pandemic. ( read original story ...)
Singapore Cuts 2020 GDP Outlook for Third Time as Virus Batters Economy
Singapore downgraded its 2020 gross domestic product forecast for the third time on Tuesday, the trade ministry said, as the bellwether economy braces for the deepest recession in its history. The ... ( read original story ...)
Singapore Stock Market Set To Extend Losing Streak
The Singapore stock market has finished lower in back-to-back trading days, sinking more than 25 points or 1 percent along the way. The Straits Times Index now rests just above the 2,555-point plateau ... ( read original story ...)
Singapore stock watch: ComfortDelGro, Koufu, DBS, Lian Beng, SLB, Geo Energy
The following companies saw new developments that may affect trading of their securities on Tuesday (May 26):. Read more at straitstimes.com. ( read original story ...)
DBS approves 3,500 loans to small firms
DBS has approved around 3,500 loans totalling more than $1.1 billion for micro and small enterprises and firms under Enterprise Singapore's financing schemes.. Read more at straitstimes.com. ( read original story ...)
Singapore’s APL England loses cargo in heavy Australian seas
A Singapore-flagged cargo ship lost at least 40 containers in deep waters off the coast of Sydney when they fell overboard in heavy seas, maritime officials said on Monday. The vessel, APL England, lo ... ( read original story ...)
DBS approves more than $1.1b in loans to over 3,500 micro and small enterprises since March
DBS has approved over 3,500 loans for micro and small enterprises, totalling more than $1.1 billion, under Enterprise Singapore's financing schemes.. Read more at straitstimes.com. ( read original story ...)
Will Singapore banks regret easy loans for coronavirus-hit businesses?
Struggling businesses have taken out 2,500 loans since March, but even with the government taking on a risk share of 90 per cent, banks are bracing themselves for defaults. ( read original story ...)
Even with protests, recession and coronavirus, Hong Kong is a better bet than Singapore
The singular advantage Singapore has over Hong Kong is affordable public housing. On all other fronts, Singapore is no better than Hong Kong. Even in the fight against Covid-19, Singapore is far ... ( read original story ...)