Singapore shares closed 0.51 percent higher on Tuesday, but trading was thin as most major markets were closed. Latest data showed China’s industrial sector profit rose 14.5 percent in November from a year earlier, suggesting the economy there was ... ( read original story ...)
Singapore to tackle bacterial resistance to antibiotics
Singapore is developing a national action plan to tackle the problem of some bacteria becoming increasingly resistant to antibiotics. This is even as more Singaporeans reach out to such medication as a quick fix for their ailments. The Ministry of Health ... ( read original story ...)
Singapore ranked second most vegan-friendly city in Asia by PETA
Singapore has earned the second spot on People for the Ethical Treatment of Animals' (PETA) list of top 10 most vegan-friendly cities in Asia. The animal rights group said that Singapore has a "roaring vegan scene," with a wide range of offerings such as ... ( read original story ...)
Why does Singapore have an external debt of US$1.766 trillion?
Reader Lam Peck Heng wrote in to askST after senior correspondent Goh Eng Yeow answered a question about Singapore's foreign reserves. Mr Lam asked, citing information from a Wikipedia article: "Can you explain to your readers why Singapore had an external ... ( read original story ...)
Singapore Economy to Face Strong Challenges in 2017
The Singaporean economy is slowing much faster than anticipated. The latest forecast by the Ministry of Trade and Industry Singapore (MTI) projects 2016 Singapore GDP growth at 1.0-1.5 per cent — the slowest since the 2009 fallout from the Global ... ( read original story ...)
Singapore bond market faces S$22bn refinancing bill
"Primary issuance in the Singapore dollar bond market should be better in 2017, coming off this year's lows and, hopefully, no further big shocks will affect the SGD market," said Tan Kee Phong, head of capital markets at OCBC Bank. "This year, the ... ( read original story ...)
DBS: This Singapore Bank Has Another 22% Upside
It’s taken longer than expected, but Barron’s Asia’s tip to buy shares in DBS Group finally proved to be on the money. We advised depositing DBS (D05.SG) in your portfolio back in February when Singapore’s biggest lender was trading at under SGD14 ... ( read original story ...)
Asia stocks mostly higher, dollar claws back some losses
SINGAPORE (Reuters) - Asian stocks were mostly higher on Tuesday ... European stocks were little changed on Friday, although banks rose after Deutsche Bank and Credit Suisse settled investigations into U.S. mortgage securities sales, while ... ( read original story ...)
The 10 Largest Companies Listed In Singapore: No.4 To No.1
For the fifth and the sixth, check out here. Counting Down To No.1 At fourth place is United Overseas Bank Ltd (SGX: U11), one of the largest financial companies in Southeast Asia. The Singapore-based bank provides a wide range of financial services globally. ( read original story ...)
Singapore inflation flat in November
said CIMB Private Bank economist Song Seng Wun. Last month's non-negative inflation reading also reflected a pick-up in services and food inflation, the Monetary Authority of Singapore and the Trade and Industry Ministry said yesterday. Food inflation ... ( read original story ...)
Malaysia’s central bank takes action against firm over ringgit trade
KUALA LUMPUR — Bank Negara Malaysia said it was taking action against ... fines for “cartel conduct” when trading ringgit foreign exchange contracts out of Singapore in 2011. The two banks said they offered to pay the fines after the antitrust ... ( read original story ...)
CreditEase Wealth Management Wins China’s “Best Non-Bank Private Wealth Product” Award
BEIJING, Dec. 26, 2016 /PRNewswire/ — CreditEase Wealth Management was named winner of the “Best Non-Bank Private Wealth Product” by The Asian Banker, a Singapore-based leading provider of strategic intelligence on the financial services industry ... ( read original story ...)
Asia stocks flat in muted session, dollar recovers some losses
SINGAPORE (Reuters) - Asian stocks were little changed on Tuesday ... European stocks (.STOXX) were little changed on Friday, although banks rose after Deutsche Bank (DBKGn.DE) and Credit Suisse (:CSGN.S) settled investigations into U.S. mortgage ... ( read original story ...)
T-Mobile’s ‘One’ mobile plan is not the simple, unified plan that was promised
T-Mobile CEO John Legere. T-Mobile’s mobile plans aren’t getting any simpler. The carrier last week announced an update to its flagship “T-Mobile One” plan. Now, instead of having the single “T-Mobile One Plus” add-on that was unveiled shortly ... ( read original story ...)
Quiet week likely for Singapore market
The Singapore stock market will likely end the last week of 2016 on a muted note - a stark contrast to the frenzy of action it saw at the start of the year. "The final week of the year is expected to remain a quiet one, with thin trading conditions to ... ( read original ...
Why are Cars so expensive in Singapore
70% of Car Price if OMV is below $20,000; up to 7 years. This is the traditional car loan scheme from Singapore banks for individuals. In many countries, people pay cash for their cars or simply swipe their credit cards. In Singapore cars that go for $ ... ( read original story ...)