Markets & Investing

Singapore Exchange names Michael Syn new derivatives head

Singapore Exchange names Michael Syn new derivatives head

SGX sees potential in Syn’s leadership and business development experience in investment banking and investment management.

Fraser and Neaves bailed out by Kirin's 15% stake

Kirin's increased stake in Fraser and Neaves provides support to the share price, and possible provide catalyst for restructuring over the medium to...

Treasury bill auction fetched 0.28% average yield

The $3.9 billion 3-month T-bill had the lowest bid-cover ratio since November last year.

Singapore Exchange derivatives volume up 2% in January 2011

Derivatives volume was 5.1 million contracts and the average daily volume was 260,233.

Singapore stayed immune to stock market shocks in Nov-Dec 2010- Morgan Stanley

The financial advisory firm said the city-state is the lone ASEAN market where investor portfolio weights did not decrease in the last two months of...

Phillip cuts target for SATS to $3.30

Phillip Securities has lowered its target price for Singapore Airport Terminal Services to US$2.59 from US$2.73 on concerns over food inflation, but...

IPO market capitalisation jumped 5-fold in 2010

39 new IPOs expanded the market capitalisation by $51 billion.

ASEAN Trading Link to go live by end of 2011

The design study of the technology framework for the ASEAN Trading Link has been completed.

UBS to clear over-the-counter traded financials on Singapore Exchange

Singapore Exchange welcomes UBS AG to AsiaClear as a new SGX Bank Clearing Member.

7% of car retailers see a less favourable business climate in 1H 2011

Specifically, vehicles retailers express their concern over the reduced Certificate of Entitlement quota.

Thai rubber company hopes to expand global reach with SGX listing

Sri Trang Agro-Industry Public Company Limited will be known with the “Sri Trang (NC2)” ticker symbol.

Bank of Moscow placed $150mln worth of Singapore bond

The 2-year bond had a yield of 4.25%, said OCBC.

2-year Singapore Government Securities bond fetched 0.48% yield

The $2.7 billion 2-year bond re-opening is the largest 2-year SGS bond offering since February 2004.

International Flavors & Fragrances to invest in new Singapore facility

The over $100mln worth of investment extends over the next three years in Singapore and Greater Asia.

Singapore Exchange lists Malaysia Smelting Corporation

The listing served as an endorsement of MSC’s strong business fundamentals and industry prospects.

Singapore Exchange lists XMH Holdings on Mainboard

The distributor of marine and industrial diesel engines has estimated market capitalisation of S$108mn.

Singapore Exchange to lead pre-trade risk controls in Asia

The implementation of the pre-trade risk controls will take place on the third quarter of this year.