Minister of Finance, and Sport and Recreation, Grant Robertson, today departs for the Republic of Korea and then Singapore to meet with political and business leaders and to attend the Winter Olympic Games. In the Republic of Korea, Minister Robertson will ... ( read original story ...)
Singapore Bourse May Add To Its Winnings
Ahead of Friday's holiday for the Lunar New Year, the Singapore stock market had bounced higher on Thursday - one session after it had ended the two-day winning streak in which it had gathered almost 40 points or 1.2 percent. The Straits Times Index now ... ( read original story ...)
Singapore Exchange To List Successors To Nifty Derivative Products By August
SINGAPORE (Feb 19) -- Singapore Exchange said on Monday it would list successors to its popular Nifty 50 suite of derivative products before August when a license deal with India's National Stock Exchange expires. Market participants will be able to ... ( read original story ...)
StarHub CEO buys $518,000 worth of shares as stock falls to 6-month low
SINGAPORE - StarHub chief executive Tan Tong Hai bought more than half a million dollars' worth of the company's shares on the open market on Thursday (Feb 15) as the stock fell to a six-month low. Shares in the telco reached a low of $2.56 on Thursday ... ( read original story ...)
Last Week in Numbers: Singapore’s Non-Oil Exports Rose in January
Singapore’s non-oil exports (NODX) rose by 13% from a year ago in January. This also represented a 3.1% increase from December. It follows a strong 2017 when NODX grew by 8.8% for the full year. January’s year-on-year growth was due in part to a 20.7% ... ( read original story ...)
It’s raining dividends in OCBC and UOB
In line with DBS' increase in dividends, OCBC and UOB also raised their annual dividend run-rate. Jefferies Singapore said OCBC raised its dividend run rate from 36 cents to 38 cents, whilst UOB increased it from 70 cents to 80 cents. In addition ... ( read original story ...)
Investors placed $14.56b in Singapore property
It took the 10th spot as the most active real estate city in the world. Singapore jumped five places to the 10th in JLL's rankings of the most active countries in terms of real estate investment. According to its global capital markets report, a total of $ ... ( read original story ...)
“Aggressive” hiring in Singapore as demand spikes for China-coverage bankers
The boom in demand for China coverage bankers is spreading from Hong Kong to Singapore. https://news.efinancialcareers.com/sg-en/239783/chinese-private-banking-clients/ The boom in demand for China coverage bankers is spreading from Hong Kong to Singapore. ( read original story ...)
The Cheapest Stocks in the Singapore Stock Market Currently
One way to determine how cheap or expensive stocks are in the local stock market is to look at the number of net-net stocks that are available. A net-net stock is a stock with a market capitalisation that is lower than its net current asset value. ( read original story ...)
How Cheap Are Singapore Stocks Right Now?
Knowing how cheap the stock market currently is can help us to simplify our investing decision. There are two methods to find out if Singapore stocks are a steal or are in an overheated territory right now. The first method is to compare the market’s ... ( read original story ...)
Top Indonesian bank eyes $50bn assets stashed in Singapore
JAKARTA -- A commodities rebound, record profits and cozy ties with the government is not stopping Kartika Wirjoatmodjo, the chief of Indonesia's largest bank by assets, from hunting for new customers. His latest target is: rich Indonesians who have their ... ( read original story ...)
Singapore Stocks Expected To Rebound On Thursday
(RTTNews.com) - The Singapore stock market on Wednesday ended the two-day winning streak in which it had gathered almost 40 points or 1.2 percent. The Straits Times Index now rests just above the 3,400-point plateau although it may find renewed support on ... ( read original story ...)
Singapore Technologies Engineering Ltd’s Stock Is Near A 52-Week Low Now: Is It Actually Cheap?
I will be using the SPDR STI ETF (SGX: ES3) as a proxy for the market; the SPDR STI ETF is an exchange-traded fund that tracks the fundamentals of Singapore’s stock market benchmark, the Straits Times Index (SGX: ^STI). ST Engineering currently has a PB ... ( read original story ...)
Singapore shares open higher on Thursday; STI up 0.5%
which was up 2 per cent, or 25 Singapore cents to S$12.51; and UOB which was up 0.5 per cent or 14 Singapore cents to S$26.38. The Singapore stock market will close early at noon on Thursday for the Lunar New Year holiday. ( read original story ...)
Summit Power to launch Singapore IPO
Summit Power is planning to launch its Singapore IPO next month as it looks to become the first Bangladeshi company to list overseas, according to people with knowledge of the transaction. The subsidiary of Bangladesh's Summit Group plans to start ... ( read original story ...)
OCBC Q4 profit climbs 31% to S$1.03b on growth across all core businesses
SINGAPORE - Oversea-chinese Banking Corporation (OCBC Bank) registered a net profit of S$1.03 billion for the fourth quarter ended Dec 31, 31 per cent higher from its year-ago profit of S$789 million. For the fiscal year 2017, net profit rose 19 per cent ... ( read original story ...)