Posts Tagged ‘ percent ’

Singapore Stock Market May Extend Losing Streak

May 18, 2012 | FINANCE

The Singapore stock market has moved lower now in back-to-back sessions, retreating almost 55 points or 2 percent along the way. The Straits Times Index finished just above the 2,820-point plateau, and now traders are expecting additional damage when the market opens on Friday. ( read on here … ) – FINANCE Related items...

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Singapore economy grew 1.6% in Q1

May 17, 2012 | ECONOMY

SINGAPORE, May 17 (Xinhua) — Singapore's economy grew by 1.6 percent year-on-year in the first quarter of 2012, slower than 3. 6 percent growth in the preceding quarter, Singapore's Ministry of Trade and Industry announced on Thursday. ( more here … ) – ECONOMY Related items Singapore economy to grow 1-3% this year Singapore...

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Singapore Revised GDP Unchanged Versus Expected Rise

May 17, 2012 | ECONOMY

Singapore said on Thursday the economy grew 1.6 percent year-on-year in the first quarter, unchanged from its earlier estimate, confounding economists who had predicted an upward revision. ( more here … ) – ECONOMY Related items Singapore economy grew 1.6% in Q1 Gold retreats as US data eases economy worries Gold retreats as U.S....

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Why Eduardo Saverin moved to Singapore

May 12, 2012 | BUSINESS

Tax purposes are probably the biggest reason for his citizenship renouncement. If Saverin kept his U.S. passport, he would be paying up to 40 percent in income tax, next year. ( more here … ) – OPPORTUNITY Related items UPDATE 1-Genting Singapore Q1 net falls 33 pct, looks to expand STOCKS NEWS SINGAPORE-ST Engineering...

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Singapore Telecom 4Q net profit surges 30%

May 11, 2012 | TELECOM

Singapore Telecommunications' fourth-quarter net profit soared 30 percent on improved contributions from some of its overseas associates and a stronger Australian dollar, the firm said Thursday. ( more here … ) – TELECOM Related items M1 posts 5.3% drop in Q1 net profit to S$40m Singapore Telecom 3Q net profit down 10% Starhub posts...

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UPDATE 1-Genting Singapore Q1 net falls 33 pct, looks to expand

May 11, 2012 | BUSINESS

SINGAPORE, May 10 (Reuters) – Genting Singapore PLC, which owns one of Singapore's two multibillion-dollarcasino complexes, posted a 33 percent fall in first quarter netprofit on Thursday and said it was looking for new projects toexpand its business. "We took advantage of the favourable financial marketsconditions and leveraged our brand name and management trackrecord...

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Singapore Market May Give Up Support At 2,900 Points

May 10, 2012 | FINANCE

The Singapore stock market headed lower again on Wednesday, one session after it had concluded the three-day losing streak in which it had given away more than 80 points or 2.8 percent. The Straits Times Index finished just above the 2,900-point plateau, and now analysts are predicting continued weakness at the opening of trade...

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STOCKS NEWS SINGAPORE-ST Engineering up after results

May 10, 2012 | BUSINESS

Shares of Singapore Technologies Engineering Ltd (STEngineering) gained as much as 2.7 percent after thecompany reported a 21 percent rise in quarterly profit. "Our confidence in STE's earnings growth … (read on…) – BUSINESS Related items Why Eduardo Saverin moved to Singapore STOCKS NEWS SINGAPORE-CIMB cuts CityDev target price STOCKS NEWS SINGAPORE-Fortune REIT rises...

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Singapore's SingTel 1Q profit jumps 30 percent

May 10, 2012 | TELECOM

Singapore Telecommunications Ltd. said its profit jumped 30 percent in the first quarter because of a large tax credit and better results at its units in Thailand and Indonesia.SingTel said Thursday that … ( more here … ) – TELECOM Related items Singapore's SingTel reports USD717m profit in Q4 SingTel’s Optus to Cut 8%...

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Singapore Stock Market May Reverse Tuesday's Gains

May 9, 2012 | FINANCE

The Singapore stock market on Tuesday wrote a finish to the three-day losing streak in which it had given away more than 80 points or 2.8 percent. The Straits Times Index finished just above the 2,930-point plateau, although now traders are bracing for renewed contraction when the market kicks off trade on Wednesday. (...

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