Oil prices continued to rally on Thursday with Brent oil topping US$50 a barrel following data showing lower US crude stockpiles.Brent North Sea crude for delivery in October rose US$1.04 to US$50.89 a barrel in London,...
Gold held the biggest daily increase since June and traded near the highest in almost three weeks as the dollar weakened amid diminishing bets on an interest-rate rise in September.Bullion for immediate delivery traded...
Crude prices rose in Asia on Tuesday after Russia and Saudi Arabia pledged to work on addressing a global supply glut, but analysts said gains would likely be limited after the two sides provided scant detail about their...
Gold held an advance after the US reported weaker-than-expected jobs data, reducing speculation the Federal Reserve may increase interest rates as soon as this month.Bullion for immediate delivery was 0.1 per cent lower...
Gold headed for a second weekly decline ahead of a key US payrolls report that's expected to give investors direction on the Federal Reserve's tightening path.Bullion for immediate delivery was little changed at US$1,314.40...
Gold held last month's decline as investors await US jobs data due Friday for further clues on the timing of an interest rate increase.Bullion for immediate delivery was little changed at US$1,309.70 an ounce at 9:15am...
Oil fell near US$47 a barrel as the number of US rigs drilling for oil remained unchanged and Royal Dutch Shell Plc said production isn't affected by storm preparations in the Gulf of Mexico.Futures in New York dropped...
U.S. stocks rose slightly after minutes from the Federal Reserve’s July meeting shed little light on when the central bank might next raise interest rates.The minutes showed Fed officials are seeking to keep their options...
SINGAPORE Telecommunications (Singtel): The telco said on Thursday it plans to buy a 21 per cent stake in Intouch Holdings PCL and a 7.39 per cent stake in Bharti Telecom from Temasek for S$2.47 billion in cash.It said...
Hanspeter Brunner, BSI SA's former Asia chief who was referred to Swiss and Singapore regulators over the bank's ties with a Malaysian state firm, has settled a lawsuit seeking deferred payments, according to the bank's...
Natural-gas futures pared their gains to trade nearly flat on Thursday after the U.S. Energy Information Administration reported that supplies of the commodity rose 29 billion cubic feet for the week ended August 5....
SINGAPORE'S stock markets opened higher on Monday with the benchmark Straits Times Index up 23.15 points or 0.82 per cent at 2,851.32 by 9.04am. This followed gains from the US on Friday and Tokyo markets on Monday.Tokyo...
SINGAPORE shares on Wednesday opened lower following Wall Street's overnight loss as shares of retailers and carmakers tumbled.The benchmark Straits Times Index (STI) opened 0.98 per cent or 28.01 points lower at 2,828.66.As...
AFTER oil weakness led a Wall Street retreat overnight, trading here is expected to stay muted, except for certain rotational plays.
Counters that may see some active trade on Tuesday morning include Ascendas Real Estate Investment Trust (A-Reit), OUE Hospitality Trust (OUE H-T), OKP and China Star Food Group.
Ascendas Real Estate Investment Trust:...
SINGAPORE shares opened lower on Tuesday, extending a retreat on Wall Street on the back of oil price weakness.
At 9.01am, the benchmark Straits Times Index (STI) was down 20.97 points or 0.7 per cent at 2,871.55.
Some...
Singaporeshares close 0.3 per cent up
Singapore equities ended 0.3 per cent higher on Wednesday, with the Straits Times Index gaining 8.05 points to 2,941.49.
Volume was relatively weak, though. About 991.1...
The FTSE Value-Stocks ASEAN Index was the strongest performer of the
six Asia focused FTSE Value-Stocks Indices in the first half of 2016
with an 8.2% gain compared to an average decline of 13.0% for the five
FTSE Value-Stocks Indices covering China, Hong Kong, Japan, Korea and
Taiwan.
Singapore maintains 12 constituents within the FTSE Value-Stocks...
OCBC Investment Research has cut its target price for SIA Engineering (SIA Engg) on the firm's weak core earnings. It lowered the company's fair value from S$3.70 to S$3.63, but kept its "hold" rating on the stock.
SIA...
Gold futures finished lower on Monday, extending losses from the previous session, as expectations for a U.S. Federal Reserve interest-rate increase later this year grow.
The Fed will conclude a two-day policy meeting...
Gold futures managed to settle with a modest gain Thursday, during a rocky trading session that saw prices touch their lowest levels in about a month.
Weakness in the dollar and U.S. equities and expectations of accommodative...