SEOUL, South Korea — Asian stock markets were mostly lower on Thursday ... to assess future monetary policy shifts," said Margaret Yang Yan, a market analyst at CMC Markets in Singapore. "Current Fed governor Jerome Power is believed to be the most ... ( read original story ...)
Trendlines incubator raises $10.3m in Singapore offering
The Trendlines Ltd. (SI:42T) incubator has announced that it raised $10.3 million on the Singapore stock exchange. The company's existing ... a 13% discount on the market price on the day of the offering. Despite the discount, the company's share rose ... ( read original story ...)
Tencent’s 2,636 per cent rally in a decade explains why Asia’s stock boom is different this time around
Tencent, which added more than US$400 billion of market value over the past decade, has been one of the largest beneficiaries of China’s shift. While the Shenzhen-based firm still earns a big chunk of its profits from online games, much of the stock’s ... ( read original story ...)
The Case Of PetroChina, The Worst Stock Slump Ever
By dollar amount at least, the loss of $800 billion of market value represents the ... But investors hoping for a rebound in PetroChina's stock may want to reconsider, at least according to Toshihiko Takamoto, a Singapore-based money manager. ( read original story ...)
Asian markets mixed as market await next Fed leader
SEOUL, South Korea (AP) -- Asian stock markets were mixed on Thursday as investors ... assess future monetary policy shifts," said Margaret Yang Yan, a market analyst at CMC Markets in Singapore. "Current Fed governor Jerome Power is believed to be the ... ( read original story ...)
SE Asia Stocks-Indonesia hits record high; Singapore drops 1 pct
For Asian Companies click; SOUTHEAST ASIAN STOCK MARKETS AS AT 0421 GMT Market Current Previous Pct Move close Singapore 3365.75 3391.61 -0.76 Bangkok 1713.07 1714.55 -0.09 Manila 8506.59 8365.26 1.69 Jakarta 6081.47 6038.146 0.72 Kuala Lumpur 1740.25 1743 ... ( read original story ...)
The one thing stopping bankers in Hong Kong and Singapore from getting new jobs
“This problem happens all in the time in Asia,” says Clarence Law, a Singapore-based business advisor in private banking. “It would be a miracle if I got through a year without seeing several cases of last-minute candidate withdrawals from job offers ... ( read original story ...)
Razer to IPO in Hong Kong on Nov 13; gaming tech firm could be valued at up to S$6.2b
SINGAPORE - Gaming tech firm Razer is seeking to raise up to US$545 million (S$743 million) through an initial public offering (IPO) in Hong Kong that could value the company at up to US$4.55 billion. Razer, which is on a roadshow until Nov 6, has ... ( read original story ...)
Razer to IPO in Hong Kong on Nov 13; gaming tech firm could be valued at up to US$4.55b
SINGAPORE - Gaming tech firm Razer is seeking to raise up to US$545 million (S$743 million) through an initial public offering (IPO) in Hong Kong that could value the company at up to US$4.55 billion. Razer, which is on a roadshow until Nov 6, has ... ( read original story ...)
DBS to re-skill 1,500 bank staff in its own professional conversion programme
SINGAPORE - In a move to help employees sharpen their competitiveness and deepen their skillset, DBS Bank will proactively re-skill 1,500 employees over the next 18 months under a scheme known as Professional Conversion Programme (DBS PCP). Extolling this ... ( read original story ...)
ETMarkets Morning Podcast: What will sway your market today
Asian stocks opened sluggish this morning and Nifty futures on the Singapore Stock Exchange were trading mildly down to give a tepid setup for Dalal Street this morning. That's where we start the day, ladies and gentlemen. This is Saloni Goel, your market ... ( read original story ...)
PetroChina, the biggest stock collapse in world history, is set to get worse
"It's going to be tough times ahead for PetroChina," said Toshihiko Takamoto, a Singapore-based money manager at Asset Management One, which oversees about $US800 million in Asia. "Why would anyone want to buy the stock when it's trading for more than 30 ... ( read original story ...)
Biggest Stock Rout in World History Can’t Make PetroChina a Buy
“It’s going to be tough times ahead for PetroChina,” said Toshihiko Takamoto, a Singapore-based money manager at Asset Management One, which oversees about $800 million in Asia. “Why would anyone want to buy the stock when it’s trading for more ... ( read original story ...)
Global stock markets mixed ahead of Trump’s Fed decision
Global stock markets were mixed Monday as investors ... Benchmarks in New Zealand, Taiwan and Jakarta gained while Singapore retreated. ASIA'S WEEK: Investors are looking ahead to a week of potentially market-moving Asian data. China and other countries ... ( read original story ...)
World’s biggest-ever stock rout can’t make Petrochina a buy
“It’s going to be tough times ahead for PetroChina,” said Toshihiko Takamoto, a Singapore-based money manager at Asset Management One, which oversees about US$800 million in Asia. “Why would anyone want to buy the stock when it’s trading for more ... ( read original story ...)
Biggest stock collapse in world history: This company has lost $800B in market value — and it’s still not a buy
“It’s going to be tough times ahead for PetroChina,” said Toshihiko Takamoto, a Singapore-based money manager at Asset Management One, which oversees about $800 million in Asia. “Why would anyone want to buy the stock when it’s trading for more ... ( read original story ...)