Markets & Investing

Global ETF’s assets up by 24%

Global ETF’s assets up by 24%

The industry’s assets amounted to US$1,469 at the end of April 2011.

Asian Liquidity Stress Index stays strong for May

That is with only 12.3% of the Moody's rated portfolio of speculative-grade, non-financial corporate debt issuers deemed as having inadequate...

OSIM to issue $120m worth of unsecured convertible bonds

The CBs will mature in July 2016 and can be convertible into new ordinary shares at an initial conversion price of S$2.025 per share, reports OCBC.

Singapore IPO of Perennial China Retail Trust 1.6 times subscribed

Firm controlled by former CapitaLand retail chief Pua Seck Guan manages the trust.

SGX offers trading of Singapore government bonds

A total of 19 SGS bond issues with maturities of two years or more totalling S$74 billion will be available for trading from July 8.

China: we are dumping the Yankee dollar

Singapore dollar expected to strengthen as China’s net purchases of US bonds turn negative.

GIC appoints Lim Chow Kiat as President of Asset Management

Mr Lim will hand over his role as President (Europe) to Dr Jeffrey Jaensubhakij starting 1 July 2011.

Train stations key to Ascott’s growth overseas

But Singapore still contributed 19% to Ascott's earnings this year.

61% of wealthy Singaporeans are cautious investors

Survey says these high net worth individuals are more concerned with preventing bad things happening than ensuring that good things happen.

38% of Singapore companies don’t believe they should have to report CSR activities

Latin America leads the way with 53% reporting, but the Americans one of the worst at 18%.

What is Sunny Verghese planning to do with almost $1 billion?

Olam plans to raise at least $740m via share placement and offering, and half will go on acquisitions, says OCBC.

Olivia Lum is first woman to win Ernst & Young World Entrepreneur Of The Year Award

She grew her water company from a $15,000 startup in 1989 to a US$450 million company last year.

Simon Says: I'm buying my stock, you should too

SC global CEO Simon Cheong spent $3 mn buying up shares in his own company last week.

Maybank appoints Nomura as RHB bid adviser

Nomura advised on Maybank's $1.4 billion bid for Singapore's stock broker Kim Eng earlier this year, according to Reuters.

OCBC beats UOB in Indonesia expansion

OCBC's Indonesia loans exceed UOB's by a close 0.4%.

China's services PMI reach 7-month high

The country’s services PMI rose by 2.7 points in May due to profits from new business inflows.

SGX vetoes voting by show of hands

Mandatory voting by poll proposal for meetings in Singapore.