Singapore
featured
Kelvin Blacklock, CIO at Eastspring Investments says the markets that have moved up recently are those that have seen strong earnings growth. He says these defensive markets are looking expensive while the cyclicals appear cheap.
» Read More
More
-
NEW YORK, May 24- Brent oil prices crept higher on Friday, as traders exited short positions ahead of a long holiday weekend in the United States, but the weekly percentage drop was still the biggest in more than a month. Brent crude oil futures settled 20 cents higher at $102.64 per barrel, after trading between $101.65 and $102.79.
-
NEW YORK-- Shares of Yingli Green Energy Holding Co. rose in heavy trading Friday after the Chinese company said it reached a deal to supply modules for a solar project in Southeast Asia.
-
NEW YORK, May 24- Oil prices rose in late afternoon trading in New York on Friday after a report of a gasoline unit shutdown at a refinery, and as traders bought contracts to cover short positions ahead of a long holiday weekend in the United States.
-
*Shrinking factory activity in China limits oil demand growth. NEW YORK/ LONDON, May 24- Oil was poised to post its biggest weekly loss in more than a month on Friday on thin volumes ahead of a U.S. holiday weekend, a shaky outlook for demand in China, ample U.S. supplies, and the potential end of cheap money in the United States.
-
*Copper surplus forecast at 98,500 T in Reuters April poll. SINGAPORE/ LONDON, May 24- A series of copper mine shutdowns and supply logjams has prompted some analysts to scale down forecasts for a market surplus, but it would take more disruptions to swing the market into a deficit.
-
VIENNA, May 24- Raiffeisen Bank International Chief Executive Herbert Stepic resigned on Friday in what he called an effort to spare his bank from negative publicity over personal property deals that triggered scrutiny by the lender and regulators.
-
LONDON/ SINGAPORE, May 24- Copper was little changed on Friday as investors weighed the potential impact on metals demand of Thursday's data providing a more upbeat U.S. jobs picture but also showing slower industrial activity in top metals consumer China.
-
*Gold boosted this week by drop in stock markets. LONDON, May 24- Gold steadied on Friday as stock markets stabilised, arresting the metal's rally, though comments from a Federal Reserve official that dampened talk that the U.S. central bank is set to curb monetary policy kept prices firmly underpinned.
-
*Shrinking factory activity in China limits oil demand growth. SINGAPORE, May 24- Crude futures are set to post their biggest weekly loss in five weeks, with Brent edging down toward $102 per barrel on Friday, as ample supply and a slow global economic recovery fuelled worries that demand for oil would be hit.
-
*Shrinking factory activity in China limits oil demand growth. SINGAPORE, May 24- Crude futures are set to post their biggest weekly loss in five weeks, with Brent edging down toward $102 per barrel on Friday, as ample supply and a slow global economic recovery fuelled worries that demand for oil would be hit.
-
*Gold on track for strongest week in a month. SINGAPORE, May 24- Gold rose on Friday and stayed on track for its strongest week in a month after a U.S. Gold edged up this week as investors sought its safe-haven status after the dollar and equity markets were hit by factory data from China and the United States that showed the pace of manufacturing had slowed.
-
*Shrinking factory activity in China limits oil demand growth. SINGAPORE, May 24- Crude futures are set to post their biggest weekly loss in five weeks, with Brent edging down toward $102 per barrel on Friday, as ample supply and a slow global economic recovery fuelled worries that demand for oil would be hit.
-
SINGAPORE, May 24- London copper futures edged higher on Friday after falling the most in three weeks the session before on signs that growth had stalled in top consumer China.
-
SINGAPORE, May 24- London copper futures edged higher on Friday after falling the most in three weeks the session before on signs that growth had stalled in top consumer China. *The most-traded September copper contract on the Shanghai Futures Exchange was little changed at 52,680 yuan a tonne.
-
SINGAPORE, May 24- Gold edged lower on Friday as the dollar and equities regained momentum after a volatile trading session the day before, and as holdings in bullion-backed exchange-traded funds fell to fresh four-year lows. *Spot gold fell 0.17 percent to $1,388.36 an ounce by 0030 GMT, not far off two-year lows of $1,321.35 seen in mid-April.
-
*Weak manufacturing in China, Europe, U.S. spur buying. The combination of the weaker dollar and the drop in equities markets has triggered fairly robust safe-haven buying in gold, "said James Steel, metals analyst and senior vice president at HSBC in New York.
-
VIENNA, May 23- Austria's central bank is to investigate personal property deals by Raiffeisen Bank International's chief executive after media reports he had made use of front companies.
-
LONDON, May 23- Gold rose on Thursday as the dollar remained under pressure after falling U.S. weekly jobless claims and as a senior Federal Reserve official said the central bank is in no hurry to start winding down its economic stimulus.
-
SAN FRANCISCO/ DUBLIN, May 23- Apple has operated almost tax-free in Ireland since 1980, welcomed by a government keen to bring jobs to what was then one of Europe's poorest country, former company executives and Irish officials have said. Apple must have seemed attractive to Ireland and to Cork.
-
*Copper falls as much as 3 pct, oil down for third day. *Gold bounces, grains shake off weakness on strong demand. LONDON/ SINGAPORE, May 23- Copper slid 3 percent and oil dropped for a third day on Thursday after factory surveys suggested that China's economic recovery has stalled and that the euro zone economy would contract again in the second quarter.