Markets & Investing

Singapore Exchange first quarter profit up 18% to $88mn

Singapore Exchange first quarter profit up 18% to $88mn

Despite growth and reforms, the exchange remains cautious with uncertain global financial markets.

Straits Trading Company issues S$500m multicurrency debt

DBS Bank will be the arranger and dealer of the Multicurrency Debt Issuance Programme.

CapitaMalls Asia to begin trading in Hong Kong on 18 October

As at 13 October, the total number of issued shares is almost 3.9b.

Singapore Exchange is your gateway to the ASEAN region

Management plans to attract larger international listings in Singapore by marketing SGX as the gateway to Asia.

China to overtake the US as the largest trading nation in the world by 2025

Chinese trade volume is expected to grow an amazing 146% in 14 years’ time.

Alibaba to woo Temasek to finance Yahoo stake buyback

China’s biggest e-commerce company is set to retrieve what it used to own in Yahoo but apparently needs Temasek to the rescue.

KKR appoints Lim Hwee Hua as senior advisor

Mrs. Lim held various offices in the government of Singapore, retiring from public service as Minister in the Prime Minister’s Office.

CapitaLand’s Australand delisted from SGX on 11 October

The exit offer has been completed, and Australand Property Group will be delisted from Singapore Exchange with effect from 9:00am on 11 October 2011...

Intraco appoints Tang Cheuk Chee as Executive Director

The company’s Board of Directors concurred to the PSC Corporation’s nomination of Madam Tang.

Noble Group to subscribe for up to 15% of Atlas Resources’ IPO

Noble Group had provided a loan to Atlas Resources on 27 Apr11, and the contract has an option to convert this into a 10.1% stake in the company.

SMX records highest overall turnover

The turnover was $635.23 million with a total volume of 19,231.

Bond issuer NIS Group fails to pay loans

This resulted to an Event of Default for the bonds currently listed on SGX.

SGX September derivatives and commodities trading step up

But the exchange’s securities turnover dived 21% due to economic uncertainties.

Singapore trading threatened by Lehman-like trends

DBS has a grim market outlook as it cuts securities daily average volumes and values to 1.32bn and S$1.45bn from 1.89bn and $1.83bn in FY12.

Fitness First shelves $500m Singapore IPO

Volatile market conditions prompted Fitness First to postpone the listing to 2012.

Global economic turmoil takes its toll on Asia Pac debt issuances

Debt capital market volume declined 42.4% to US$109.3b in Q3 2011.