Asian stocks opened sluggish this morning and Nifty futures on the Singapore Stock Exchange were trading mildly down to give a tepid setup for Dalal Street this morning. That's where we start the day, ladies and gentlemen. This is Saloni Goel, your market ... ( read original story ...)
PetroChina, the biggest stock collapse in world history, is set to get worse
"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 $US800 million in Asia. "Why would anyone want to buy the stock when it's trading for more than 30 ... ( read original story ...)
Biggest Stock Rout in World History Can’t Make PetroChina a Buy
“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 ... ( read original story ...)
Global stock markets mixed ahead of Trump’s Fed decision
Global stock markets were mixed Monday as investors ... Benchmarks in New Zealand, Taiwan and Jakarta gained while Singapore retreated. ASIA'S WEEK: Investors are looking ahead to a week of potentially market-moving Asian data. China and other countries ... ( read original story ...)
World’s biggest-ever stock rout can’t make Petrochina a buy
“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 US$800 million in Asia. “Why would anyone want to buy the stock when it’s trading for more ... ( read original story ...)
Biggest stock collapse in world history: This company has lost $800B in market value — and it’s still not a buy
“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 ... ( read original story ...)
Singapore’s SATS Inks Ground Handling JV Pact With AirAsia
in exchange for its 80% stake in SATS Ground Services Singapore (SGSS) along with S$119.3 million ($87.51 million) in cash, according to a stock exchange filing by SATS. "The partnership with SATS will foster greater efficiency and cost savings to AirAsia ... ( read original story ...)
ASIA MARKETS: Asian Markets Rally, Thanks To Tech Stock Gains
"In Asia, the solid and continuing rally in U.S. stocks should provide a good lead for the region's bourses," said Greg McKenna, chief market strategist at CFD. Japan's Nikkei Stock Average was ... Zealand's benchmark added 0.5% and Singapore's Straits ... ( read original story ...)
Asian markets mixed as market awaits Trump Fed decision
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 ...)