DBS Group Holdings said second-quarter net profit climbed 9 percent, beating expectations with the help of 10 percent growth in loans.» Read More
Treasury Secretary Timothy Geithner, Fed Chairman Ben Bernanke start a two-day visit to India. *India Power Minister to address press at Economic Editors Conference. *India oil minister and company officials at Economic Editors Conference.
*Nifty futures on Singapore Exchange. *India's capital markets regulator on Saturday permitted loss-making listed firms to raise funds by selling shares, making it easier for such firms to meet their capital needs.
*Nifty futures on the Singapore Exchange. fell 0.12 percent, while the MSCI-Asia Pacific index excluding Japan. *Foreign investors bought 43.52 billion rupees of stocks on Friday, when the BSE index.
*Mills likely to replenish when China returns next week. SINGAPORE, Oct 5- Bids for iron ore forward swaps remained firm on Friday, reflecting investor expectations spot iron prices will bounce back as Chinese steel mills replenish inventories when they return next week.
*Nifty futures on Singapore Exchange. rose 0.45 percent, while the MSCI-Asia Pacific index excluding Japan rose 0.62 percent. kept most of its overnight gains on Friday as investor risk aversion eased after the European Central Bank said it was ready to buy bonds of troubled euro zone countries.
*Nifty futures on Singapore Exchange. *India's cabinet approved bills on Thursday to attract foreign investment into insurance and pensions among a package of new measures to restore confidence in the economy, although the reforms will face a tough fight in parliament.
SINGAPORE, Oct 4- Prices for iron ore forward swaps rose on Thursday, extending gains from late last week, as buyers banked on expectations for a rebound in spot iron ore prices when top consumer China returns next week from a holiday. traded at $111 a tonne, said a Hong Kong- based trader, up 2 percent from Wednesday's close of $108.75.
*Nifty futures on Singapore Exchange. *India's cabinet is set approve bills that would raise the cap on foreign direct investment in insurance firms and open the pension sector to foreign investors, a minister told reporters on Wednesday.
SINGAPORE, Oct 4- Singapore will allow companies to issue different classes of shares, its Finance Ministry said, a move that may in time help its stock exchange win new listings.
SINGAPORE, Oct 3- Singapore will allow companies to issue different classes of shares to help its stock exchange to compete for new listings and the country to maintain its competitiveness as a financial centre.
Demand for office space in Singapore in the third quarter of 2012 was supported by companies beyond the financial services sector, with most taking up Grade A office space below 20,000 square feet, said property consultant Colliers International.
Commodity trader Noble Group also dropped 2.3 percent to S $1.29 and Olam lost 1.5 percent at S $2.01, as data showed China's economy is likely to head for a seventh straight quarter of slowdown. 11:52 STOCKS NEWS SINGAPORE- DBS upgrades Singapore Exchange to' hold'.
SINGAPORE, Oct 3- Gains in prices of iron ore forward swaps this week suggest spot rates could rebound when top consumer China returns next week after a holiday. ended the third quarter down more than 22 percent, its biggest three-month loss ever, as an economic slowdown in China slashed the country's appetite for the steelmaking raw material.
DBS Vickers upgraded Singapore Exchange Ltd to' hold' from' fully valued' and raised its target price to S $7.25 from S $5.40, citing a gradual pick-up in the bourse's volumes and values. 10:50 STOCKS NEWS SINGAPORE- Japan, China dispute to hurt SATS profits- UOB.
*Nifty futures on the Singapore Exchange. *Markets in China and South Korea are closed for holidays on Wednesday. *The Asian Development Bank cut most of its 2012 and 2013 growth estimates for developing Asia on Wednesday as a slump in global demand weighs on the region's powerhouses China and India and on its export-dependent economies.
SE ASIA STOCKS-Most weak in light volume, Malaysia outperforms STOCKS TO WATCH-- SINGAPORE AIRLINES LTD, TIGER AIRWAYS HOLDINGS LTD. -Singapore Airlines' budget unit, Scoot, and Tiger Airways have signed a partnership agreement and will offer some joint itineraries.
After a week of extreme volatility, investors across the world are left wondering whether there is more selling to come or if now’s the time to find some bargains. With MSCI World Index down 14 percent in just the last two weeks, some investors have decided to throw in the towel and stay on the sidelines for now.