One of the rare "sell" calls on the Singapore banks has returned to the herd, as Citi Research on Monday (June 8) upgraded its call on the sector to a "buy".. Read more at straitstimes.com. ( read original story ...)
Oil prices extend gains on OPEC+ cuts, record China imports
Oil climbed on Monday after major producers agreed to extend a deal on record output cuts to the end of July and as China's crude imports hit an all-time high in May. ( read original story ...)
Singapore stock watch: SIA, UOB, ST Engineering, HPHT, Banyan Tree
The following companies saw new developments that may affect trading of their securities on Monday (June 8):. Read more at straitstimes.com. ( read original story ...)
Singapore Airlines secures $1 billion additional credit after rights issue
Global airlines have taken a huge blow as curbs imposed to stop the spread of the coronavirus led to a plunge in travel demand, leading to a liquidity crisis at firms. Singapore Airlines' total ... ( read original story ...)
Singapore can remain exceptional in these testing times
We will step up testing and contact tracing significantly. Then we can catch new cases early, isolate them and their contacts, and stamp out clusters before they grow. If all goes well and the ... ( read original story ...)
Surge in imports of canned seafood and meat
More canned food was imported into Singapore during the circuit breaker, figures from the Singapore Food Agency show.. Read more at straitstimes.com. ( read original story ...)
METALS-London copper falls from 3-month high as China’s exports shrink
London copper prices on Monday retreated from a three-month high hit in the previous session, after data showed top consumer China's exports weakened in May. ( read original story ...)
IPC’s Unigy Wins Infrastructure Technology Award at Singapore Business Awards 2020
IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announced that its Unigy solution has won the Infrastructure Tech ... ( read original story ...)
Imports of fresh food remained steady during circuit breaker
The amount of fresh food imported in April and last month did not change much compared with the same period last year and the year before, figures from the Singapore Food Agency showed.. Read more at ... ( read original story ...)
Singapore’s Future Won’t Look Like the One Before Coronavirus
Singapore won’t return to the open and connected global economy that existed before the island nation went into a partial lockdown two months ago due to the outbreak of the coronavirus, Prime Minister ... ( read original story ...)
That Short Getaway Trip Won’t Make a Return Soon, Singapore Says
Singapore and six Chinese cities and provinces exclusively for business travelers. The financial hub is also in talks to establish “travel b ... ( read original story ...)
Singapore’s move to introduce wearable devices for contact tracing sparks public outcry
Online petition urging the public to reject the use of wearable devices for COVID-19 contact tracing has garnered more than 17,500 signatures, as concerned Singapore residents highlight the potential ... ( read original story ...)
Singapore Considers Tightening Casino Rules for Customers
Singapore is considering tightening the due diligence process for customers at its casinos in an effort to prevent money laundering and financing terrorism, according to the Casino Regulatory ... ( read original story ...)
Singapore Airlines Doesn’t Plan to Cut Jobs for Now
Singapore Airlines Ltd. will focus on recovering from the coronavirus outbreak and doesn’t plan to cut jobs at the moment, the Sunday Times reported, citing the carrier’s Chief Executive Officer Goh ... ( read original story ...)
A value investor’s guide to ‘exploiting’ the Singapore Savings Bond
You can park your money in Singapore Savings Bonds!’ I am sure you’ve heard something like that before.As investors, we want to keep a war chest of cash that’s ready to be deployed in the stock market ... ( read original story ...)
Coronavirus: More bank branches, post offices reopening with safety checks
Providers of essential services like banks and postal operator Singapore Post are gearing up to resume activities safely post-circuit breaker, with more branches reopening for business.. Read more at ... ( read original story ...)