BEIJING — Asian stock markets were mixed Monday as investors waited to ... Taiwan and Jakarta also rose. Singapore declined. FED WATCH: Investors expect Trump to announce his choice for Fed chair as early as Monday. News reports Friday suggested Trump ... ( read original story ...)
Whiff of discontent in Singapore as Malaysia courts Chinese market for its durian
China has depended on Thailand for its durian stock mainly because the Southeast ... grade [Malaysian] durians will be sold in Singapore,” Ashley said. “The better ones will go to China, because the market is larger and more lucrative.” ( read original story ...)
Time is running out for the bull market
Since 2009, the U.S. stock market has made investors a lot of money ... That’s compared with 241 percent for MSCI Asia ex Japan, 234 percent for MSCI World, 216 percent for Singapore stocks and 204 percent for Hong Kong’s Hang Seng over the same ... ( read original story ...)
2018 expected to go well for stock investors: ST senior correspondent Goh Eng Yeow
SINGAPORE - The last Year of the Dog in 2006 brought bounty for savvy share investors, as it saw the biggest stock market boom in over a decade. The coming Year of the Dog should also be fruitful for investors, The Straits Times' senior correspondent Goh ... ( read original story ...)
Biggest stock collapse in world history has no end in sight
“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 t ... ( read original story ...)
Singapore stocks gain for third day; OCBC Bank hits record high
Singapore stocks gained for a third day on Friday, led by lenders such as Overseas-Chinese Banking Corp on strong results while positive Asian cues also boosted risk appetite. Stocks in Asia extended gains after a batch of strong earnings from Alphabet ... ( read original story ...)
Singapore Exchange Chief Hopes to Win World’s Biggest IPO
Singapore Exchange Ltd.’s chief executive officer said his company is still in the running to win a listing of the shares of oil giant Aramco, in what could be the world’s biggest initial public offering. “We’re as good as any other exchange ... ( read original story ...)
MindChamps inks deals ahead of Singapore IPO
MindChamps PreSchool has inked agreements with Chinese investors ahead of a planned initial public offering (IPO) on the mainboard of the Singapore Exchange. MindChamps, the largest operator and franchiser of premium-range pre-school centres in Singapore ... ( read original story ...)
Daily Briefing: MAS warns Singapore to prepare for inflation growth; Wealth management drives banks’ profits
Singapore’s central bank chief said while inflation is still well below the historical average, policy makers need to be proactive if a stronger economy results in a pickup in price pressures. Inflation will climb at some point if economic growth ... ( read original story ...)
Singapore stocks rise to two-month highs, Malaysia equities decline
helped by a rally in Genting Singapore. Oversea-Chinese Banking Corp. edged higher after third-quarter earnings exceeded estimates. Malaysia shares fell ahead of the presentation of the 2018 budget. Singapore's FTSE Straits Times index rose 0.4% to 3,356.25. ( read original story ...)
20-something Singapore bankers now far too frightened to move firms
As profit margins fall, young bankers in Singapore are worried about the risks of moving to a new employer. https://news.efinancialcareers.com/sg-en/213178/this-is-what-your-private-banking-salary-and-bonus-should-be-in-singapore/ If you’re an ... ( read original story ...)
Singapore Central Bank Chief: No Regulation for Cryptocurrencies
The chief of Singapore's central bank has indicated it will not regulate cryptocurrencies, but plans to stay watchful on the risks posed by the technology. In an interview with Bloomberg, Ravi Menon, managing director of Monetary Authority of Singapore ... ( read original story ...)
Oversea Chinese Banking : OCBC Third Quarter Profit Grows 12% on Year
SINGAPORE--Oversea-Chinese Banking Corp. Ltd. reported Thursday a 12% rise on year in its third quarter net profit as higher interest rates helped income. Net profit in the July-to-September quarter was 1.06 billion Singapore dollars (US$779 million ... ( read original story ...)
Singapore stocks shake off weak Asia; OCBC subdued after results
Overseas-Chinese Banking Corp rose 0.1 percent, United Overseas Bank gained 0.2 percent and DBS Group Holdings added 0.3 percent. Shares in Singapore's second-largest lender Oversea-Chinese Banking Corp were sluggish after its nonperforming assets rose 15 ... ( read original story ...)
Singapore’s OCBC third-quarter profit up 12 percent; flags stress in oil and gas sector
SINGAPORE (Reuters) - Singapore's Oversea-Chinese Banking Corp reported a 12 percent increase in quarterly net profit, boosted by growth in its insurance and wealth management businesses, but highlighted continued stress in the oil and gas ... ( read original story ...)
Lower Open Expected For Singapore Stock Market
(RTTNews.com) - The Singapore stock market moved higher again on Wednesday, one session after it had snapped the seven-day winning streak in which it had advanced more than 65 points or 2 percent. The Straits Times Index now rests just beneath the 3,345 ... ( read original story ...)