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
-
Singapore shares slipped by midday, weighed by property developers such as CapitaLand Ltd after new government measures were introduced to cool the city-state's property market.
-
SYDNEY, Oct 8- Australian shares fell 0.3 percent on Monday, ending seven straight sessions of gains, dragged down by commodities and mining sectors as investors' attention turned to the coming U.S. earnings season amid concerns of weaker results. 3.2 percent, while Woodside Petroleum. New Zealand's benchmark NZX 50 index.
-
WELLINGTON/ SYDNEY, Oct 8- The Australian and New Zealand dollars traded with a heavy tone near multi-week lows on Monday and looked vulnerable amid persistent concerns about the outlook for the global economy despite better-than-expected U.S. jobs data last week.
-
*World Bank says China economic slowdown could get worse. *Turkey retaliates against Syria bombing for 5th day By Florence Tan.
-
A small island state in Southeast Asia has come out tops in a listing of countries that boast of the richest expatriates.
-
SINGAPORE, Oct 8- India's Mangalore Refinery and Petrochemicals Ltd sold a November naphtha cargo to PetroDiamond at $34- $35 per tonne above Middle East quotes on a free-on-board basis, reflecting persistently firm premiums, traders said on Monday.
-
*China slowdown may get worse and last longer- World Bank. SINGAPORE, Oct 8- Shanghai rebar steel futures climbed nearly 2 percent on Monday to the highest in almost two months as Chinese traders returned from a week-long break armed with hopes demand in the world's top consumer will pick up as the economy stabilises.
-
Shares of Malaysia's shipping firm MISC Bhd rose as much as 5.65 percent after the company said it will dispose of a 50 percent stake in its semi-submersible floating production system unit that could raise $1.7 billion cash.
-
SINGAPORE, Oct 5- Singapore's economy probably contracted further in the third quarter because of poor demand for its manufacturing exports, tipping the island into a recession and reinforcing expectations of policy easing by the central bank at its meeting next Friday.
-
BANGKOK-- Asian stocks fell Monday as Europe's debt crisis continued to roil markets and the World Bank cut its growth forecasts for Asia. Benchmarks in Singapore, Taiwan and mainland China also fell. Andrew Sullivan, principal sales trader at Piper Jaffray in Hong Kong, said protests in Spain and IMF concerns over Greece continue to worry investors.
-
*World Bank says China economic slowdown could get worse. *Turkey retaliates against Syria bombing for 5th day By Florence Tan.
-
Suntec is one of the few Singapore- listed REITs that offers yields of more than 6 percent but are trading at discounts to book value, Maybank said. The brokerage is confident that Suntec REIT will be able to pay out distribution per unit of at least 2.15 Singapore cents for the third quarter and at least 9 percent Singapore cents for the full year.
-
RHB Investment Bank started coverage on oil and gas company Perisai Petroleum Teknologi Bhd with an' outperform' call on prospects of strong earnings and more domestic orders from state oil company Petronas.
-
DMG& Partners said United Overseas Bank Ltd and Oversea-Chinese Banking Corp Ltd may benefit from new rules to cool Singapore's property market by capping residential loan tenures at 35 years. By 0207 GMT, shares of DBS were down 1.2 percent at S $14.28, while UOB dropped 1.1 percent at S $19.63 and OCBC fell 0.7 percent to S $9.42.
-
SINGAPORE, Oct 8- The World Bank on Monday cut its 2012 growth forecast for developing East Asia amid a slowdown in China but said economic activity in the region will likely pick up next year. The bank maintained its 2012 GDP forecasts for Indonesia and Thailand, and raised the outlook for Malaysia and the Philippines.
-
Shares of Malayan Banking Bhd dropped as much as 0.67 percent after the largest bank by assets in Malaysia said it would raise $1.2 billion with a new share offer to fund growth in the country and its regional subsidiaries.
-
At 0117 GMT, shares in CapitaLand Ltd, Southeast Asia's largest property developer, were down 2.7 percent at S $3.21, while smaller rival City Developments Ltd fell 1.3 percent to S $11.79. The brokerage's top pick among Singapore residential developers is Keppel Land Ltd, as it trades at a discount of 41 percent to its net asset value.
-
At 0117 GMT, shares in CapitaLand Ltd, Southeast Asia's largest property developer, were down 2.7 percent at S $3.21, while smaller rival City Developments Ltd fell 1.3 percent to S $11.79. The brokerage's top pick among Singapore residential developers is Keppel Land Ltd, as it trades at a discount of 41 percent to its net asset value.
-
HONG KONG, October 8- News and developments in Asia private equity from Reuters News for the week ending October 5.
-
SYDNEY, Oct 8- Australian shares slipped 0.1 percent in early trade on Monday, with mining stocks losing ground while banks gained, and traders were looking for new momentum drivers as the market consolidated last week's rise to 14- month highs.