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
-
*Several dealers doubt China will raise import duty. LONDON/ BEIJING, May 22- A slide in sugar prices driven by excess supplies may be given fresh impetus soon with China, one of the world's top importers, likely to cut back on purchases after a sharp jump in stocks. "If China were to continue to buy large tonnages of sugar, that would be a bullish signal.
-
*Fed Chairman Bernanke speaks to Congress at 1400 GMT. LONDON, May 22- Gold extended earlier gains on Wednesday as the dollar weakened after U.S. On Tuesday, New York Federal Reserve Bank President William Dudley and St.
-
*Coming Up: Fed Chairman Bernanke speaks at 1400 GMT. LONDON, May 22- Gold rose on Wednesday as the dollar fell after Federal Reserve officials allayed investor concerns that the U.S. central bank would soon reduce its bond-buying programme, while Chinese physical demand also lent some support to prices.
-
JAKARTA, May 22- Freeport McMoRan Copper and Gold Inc said it will not restart production at the world's second-largest copper mine in Indonesia after a tunnel collapse that killed 28 workers until it is convinced of the mine's safety.
-
SHANGHAI/ HONG KONG, May 22- Chinese commodities firms importing everything from gold and rubber to base metals are struggling to get trade loans as banks scrutinise their activities and hold back credit following Beijing's orders to rein in currency speculation.
-
*Gold still trading near 2- year lows. SINGAPORE, May 22- Gold rose on Wednesday on strong Chinese demand and after Federal Reserve officials allayed investor concerns that the U.S. central bank will soon exit its bullion-friendly bond purchases.
-
SINGAPORE, May 22- Asian stocks rose on Wednesday following a positive lead from Wall Street, with Japan's Nikkei reaching a fresh 5-1/ 2 year high and clinging to its gains as the Bank of Japan stood pat after unleashing massive stimulus last month.
-
*Gold still trading near 2- year lows. SINGAPORE, May 22- Gold edged higher on Wednesday due to strong Chinese demand and after Federal Reserve officials allayed investor concerns that the U.S. central bank will soon exit its bullion-friendly bond purchases.
-
*Coming Up; Fed's Bernanke testifies to Congress; 1400 GMT. SINGAPORE, May 22- London copper held near a two week-high on Wednesday, supported by indications the U.S. For that we need to see a resumption in demand, "analyst Dominic Schnider at UBS in Singapore said.
-
SINGAPORE May 22- Singapore state investor Temasek Holdings Pte Ltd has paid $500 million for a stake of around 10 percent stake in financial data provider Markit Group, a person familiar with the transaction said.
-
SINGAPORE, May 22- London copper on Wednesday held below two week-highs hit the session before after Federal Reserve officials suggested the central bank would continue its bond-buying scheme. *Copper pushed to its highest since May 8 at $7,450 a tonne on Tuesday.
-
SINGAPORE, May 22- Gold edged higher on Wednesday, buoyed by a weaker dollar after Federal Reserve officials dampened expectations that the U.S. central bank may soon exit its bullion-friendly bond purchases.
-
*Gold's appeal hurt by fears the Fed will ease stimulus. (Recasts, updates prices, adds comments, adds byline, changes dateline NEW YORK/ LONDON, May 21- Gold trimmed its losses on Tuesday as the euro regained strength against the dollar, but the metal remained lower on weak chart signs and fears the U.S.
-
ANCHORAGE, Alaska-- The grounding of a Royal Dutch Shell PLC drill barge off a remote Alaska island began with a bracket connected to a tow line being ripped off the vessel in heavy Gulf of Alaska weather, a Shell official testified Monday.
-
*U.S. Senate subcommittee says Apple paid no tax on $29.9 bln dividends. CORK/ DUBLIN, May 21- Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments and had no special rate deal with the company after the U.S. Senate said it paid little or no tax on tens of billions of dollars in profits stashed in Irish subsidiaries.
-
LONDON, May 21- Gold, down in seven of its last eight sessions extended earlier losses on Tuesday on a firm dollar, weak technical signals and speculation that the U.S. Gold has been hit by a shift in investment into higher-yielding equities since the start of the year on signs of an improving global economic outlook, particularly in the United States.
-
LONDON, May 21- Gold, down in seven of its last eight sessions, was off by around one percent on Tuesday morning on a firm dollar, weak technical signals and speculation that the U.S. Gold has been hit by a shift in investment into higher-yielding equities since the start of the year on signs of an improving global economic outlook, particularly in the United States.
-
*U.S. Senate subcommittee says Apple paid no tax on $29.9 bln dividends. DUBLIN, May 21- Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments after the U.S. Senate said the company paid little or nothing on tens of billions of dollars in profits stashed in Irish subsidiaries.
-
NEW DELHI/ SEOUL, May 21- India has slashed Iranian oil imports by almost a fifth since December, the sharpest cut among Asian buyers, in a move that should increase its chances of winning a new U.S. waiver next month on sanctions targeting oil trade with Iran.
-
*Gold briefly reclaims $1,400 on Chinese buying interest. SINGAPORE, May 21- Gold climbed off session lows on Tuesday as Chinese buyers picked up the metal, easing some pressure on bullion which has been hit by persistent outflows from exchange-traded funds and has lost nearly a fifth of its value this year.