SINGAPORE: Singapore bank DBS Group Holdings posted its lowest quarterly profit in two years as provisions for soured loans to the city-state’s oil services industry surged, and it joined smaller rival OCBC in forecasting more pain for that sector. ( read original story ...)
Singapore's United Overseas Bank Q4 net profit falls 6.2 pct
UOB's CEO, said in a statement. The bank's full year total income was stable at S$8.06 billion. ($1 = 1.4166 Singapore dollars) (Reporting by Anshuman Daga; Editing by Richard Pullin) ( read original story ...)
Singapore exports expand for 3rd straight month in January
SINGAPORE: Singapore's exports rose 8.6 per cent in January from a year ago, buoyed by a sharp rise in shipments to China as well as Taiwan and South Korea, official data showed on Friday (Feb 17). On a month-on-month, seasonally adjusted basis, non-oil ... ( read original story ...)
Singapore exports rise 8.6% in January
SINGAPORE — The Republic's exports fell 2.8 per cent for the full year in 2016, but the outlook for trade this year continued to brighten thanks to last month's surge in shipments to China, Taiwan and South Korea. Trade agency International Enterprise ... ( read original story ...)
Singapore non-oil exports grow strongly for 3rd straight month, up 8.6% in January, as sales to China surge
SINGAPORE - Singapore's export recovery continued in January with shipments of non-oil domestic exports (Nodx) rising 8.6 per cent year on year, more than expected, as sales to China kept growing strongly. This comes on the back of the 9.1 per cent Nodx ... ( read original story ...)
Singapore's top lender DBS reports fall in Q4 net profit, increases allowances for bad loans
... of 2016 fell nearly 9 percent from the year-earlier period to S$913 million ($644 million), the bank said in an earnings release before the Singapore market opens. It set aside S$462 million ($326 million) in provisions for the quarter, up from S$247 ... ( read original story ...)
Lazada Singapore sends Top Five Sellers to Alibaba's Campus
SINGAPORE, Feb. 16, 2017 /PRNewswire/ -- Lazada Singapore is sending five of its top performing sellers to Alibaba's campus in Hangzhou, where they will join a delegation of 34 Lazada sellers from across the region. Led by Lazada Group, the visit will take ... ( read original story ...)
Singapore’s CapBridge Investment Trust launches pre-IPO fund; targets US$100 million
The fund — the first in a series of CapBridge Investment Trust sub-trust funds — wants to give institutional investors greater access to VC-backed companies Growth-stage startups and pre-IPO companies now have a new fund to tap into when raising cash ... ( read original story ...)
Singapore Market May Add To Its Winnings
(RTTNews.com) - The Singapore stock market jumped higher again on Wednesday, one session after it had ended the three-day winning streak in which it had collected almost 45 points or 1.5 percent. The Straits Times Index now rests just beneath the 3,090 ... ( read original story ...)
A Look Back At The Market A Year Ago And The Lessons We Can Learn
In Singapore’s case, the Straits Times Index has jumped by more than 10% from October 2016 to today. What can we learn from these two examples? Firstly, it is quite clear that the performance of the stock market has little in common with the state of the ... ( read original story ...)
ExxonMobil Singapore Refinery to Expand Group II Base Stock Production
The expansion project represents the latest in a series of recent ExxonMobil investments in base stock production, including a previous expansion of capacity at the Singapore refinery ... EMAPPL also serves the commercial market with its industrial ... ( read original story ...)
How major US stock market indexes fared on Wednesday
Stocks and bond yields punched higher Wednesday, and U.S. indexes set records again, following more encouraging news on the U.S. economy. On Wednesday: The Dow Jones industrial average rose 107.45 points, or 0.5 percent, to 20,611.86. The Standard & Poor's ... ( read original story ...)
These 4 REITs Can Help Investors Diversify Into Foreign Property Markets
In Singapore’s stock market, there are many listed entities that have significant businesses beyond our local shores. In this article, I want to look at a few real estate investment trusts and business trusts that are investing heavily in foreign ... ( read original story ...)
Simon Property Extends Stock Repurchase Program by 2 Years
Simon Property Group, Inc. SPG has announced the extension of its $2 billion stock repurchase program by two years ... the remaining shares worth $1.4 billion either in the open market or in privately negotiated transactions. In the end of Jan 2017 ... ( read original story ...)
Did Singapore Airlines Just Kill the Airbus A380 Jumbo Jet?
Last week, Singapore Airlines picked Boeing (NYSE ... After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to ... ( read original story ...)
Another MULTI-BAGGER STOCK in the MAKING?
The Singapore stocks market is currently rife with penny stocks plays ... In yesterday’s post, I have mentioned a penny stock called Singapore Edevelopment stock which has to date become a five-bagger. Today, let us train the spotlight on a stock ... ( read original story ...)