Markets & Investing

Asian currencies move towards CNY

Asian currencies move towards CNY

And this has kept Asian currencies resilient in the face of recent EUR weakness, according to HSBC.

“Planking” market hits small mid caps

Singapore mid-cap and small-cap indices tumbled 1.5% and 4.0% respectively in the past one month, says DBS.

“Keep markets open” ICC urges G20 leaders

Protectionist measures amounted to $1.6 trillion, or 10% of all world trade in 2008 alone, according to Global Trade Alert.

Manulife Singapore records growth; opens new customer centre

The company's weighted premium increased by 8% in Q1 2011 and 36% in Q4 2010, bringing home a total weighted sales of about $20million.

SingPost acquires 30% of DataPost shares

This latest transaction leaves DataPost at a $20m value, close to its NTA of about $19.5m as on 31 Mar 2011, says OCBC.

SGX seeks views on changes to opening and closing routines

Proposes to publish real-time IEP throughout the pre-open and pre-close phases and randomise end of the pre-close phase for a varying duration...

Singapore's $217bn dollar win

Foreign investment in Singapore surged 41% from 2005 to 2009 to total $533 billion by 2009.

Guess who are Singapore’s top foreign investors now?

The UK has slipped from first to fourth place since 2005, and you will never guess who is now the most invested in Singapore.

Singapore's manufacturing output falls 16.3% in April

A drop in pharmaceutical production has caused the country's manufacturing output to fall 16.3% in April 2011 on a month -to-month basis.

Singaporean insurers worry about new regulations

New rules on solvency and market rank first in insurers' major concern, according to a survey by Centre for the Study of Financial Innovation and PwC...

SGX to clear Asian FX forwards from September

SGX has cleared nearly US$80 billion notional of Interest Rate Swaps since 2010, and is now entering the FX business.

SGX cuts trading costs

Singapore Exchange has reduced the minimum bid size for securities and expects to see a tightening of bid-ask spreads by as much as 80%.

Mapletree Commercial reigns in Southern Singapore

Mapletree Commercial Trust was tagged by CIMB as 'King of the South' with its $282million debt headroom that is sure to fuel future acquisitions and...

8 in 10 businesses in China to use RMB in cross-border trade

But a good 37% of Chinese traders still doubt the acceptability of RMB outside China, reports HSBC.

Whats up with SGX's 27% share price slump in April?

Looks like the merger with ASX wasn't any good, as SGX's stock price falls to a $7.50 level compared to its 52-week high of S10.26 in October 2010...

Asia tops North America in private equity investments

A quarter of all private equity deals were done in Asia, says Preqin.

Investors pleasantly surprised by special dividends

Singapore’s major companies including SIA and Singtel have paid special and unexpected dividends to shareholders following good Q12011 earnings.