Markets & Investing

SGX better off losing bid for LME

The outrageously high bids that came in for the London Metal Exchange might mean it's not worth winning, says Maybank Kim Eng.

K-REIT acquires another 12.39% stake in OFC

The company just got larger after buying the OFC stake for S$261.6m.

OCBC allots S$500 million to buy back shares

This is the fourth share buyback programme for the bank and will involve on-market purchases of ordinary shares.

Asiasons Capital names Darrin Lin as Creative Director

Mr Lin will be responsible for company's in-house team to provide value added enhancements to its investment portfolios.

Energy, metal listing rules meet international standards: SGX

The bourse defended itself after a Straits Times article suggested an easing of listing rules for exploration firms.

Maxi-Cash IPO oversubscribed amid strong interest

Singapore's first listed pawnbroker said its 56mn invitation shares is roughly 4.3 times oversubscribed.

Asian markets trade in positive territory

The big movers were the Philippines and Indonesia, with other markets gaining around 0.5%.

HKEx to acquire London Metal Exchange; Maybank Kim Eng thinks it is bad news

There would be negative impact on HKEx’s balance sheet, says the analyst.

Singapore first to release sustainability performance data in Asia

The ever-efficient Singapore is the 5th fastest globally and fastest in Asia in terms of timeliness of sustainability disclosures after the Q4 year...

Asian markets trade stronger prior to G20 summit

Big movers were Hong Kong and Taiwan markets, followed by Thailand.

Asian markets down following Spain's rating downgrade

Weak US retail sales data also weighed on risk sentiment.

Keppel Land and UOL post gains despite growing pressure

Both property stocks inched 1% higher even as the rest of the field sank amid news of fresh private residential sites flooding the market.

Singapore bucks the trend amidst upbeat Asian markets

Markets across Asia ended mainly in positive territory but that in Singapore fell 0.4%.

Singapore on the verge of losing Manchester United IPO

The club is said to be considering moving its initial public offering to the US, says a Bloomberg report.

SGX links Asia to Chicago and London via BT

Singapore Exchange will use BT Radianz services to provide access and connectivity for its new hubs in Chicago and London.

E-Gold futures triples in trading volume

The keen interest in the contract has led to a total of $16 million in traded volume just two weeks after its launch in SMX.