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 ...)

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 ...)

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 ...)

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 ...)

Singapore Central Bank Chief: No Regulation for Cryptocurrencies

The chief of Singapore's central bank has indicated it will not regulate cryptocurrencies, but plans to stay watchful on the risks posed by the technology. In an interview with Bloomberg, Ravi Menon, managing director of Monetary Authority of Singapore ... ( read original story ...)