Singapore shares open marginally higher on Monday

SINGAPORE shares opened marginally higher on Monday, despite downward pressures seen during the opening of other Asian markets along with crude futures.

At 9.01am, the Straits Times Index was up 1.45 points at 2,845.47.

Some 168.9 million shares worth S$51.5 million changed hands. Losers outpaced gainers 53 to 49.Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Asia: Stocks cautious but oil price holds above US$50

Asia stocks markets moved cautiously in early trade on Friday despite a positive lead from Wall Street and further overnight gains in the price of oil.

US and European markets ticked up overnight, supported by a dovish outlook for US interest rates and some healthy post-Brexit data in Britain.

The oil price has also continued its upward trend, with Brent crude holding above US$50 a barrel on official data showing lower US crude stockpiles and hints of a possible production freeze.

But traders treaded carefully Friday morning, with Asian markets moving in and out of positive territory.Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Singapore shares open lower on Fed split over raising rates

SINGAPORE shares opened lower on Thursday, following news that the US Federal Reserve's most recent policy meeting showed committee members were split on the issue of raising interest rates soon.

The benchmark Straits Times Index was down 3.69 points or 0.13 per cent to 2,839.66.

At 9.06am, 59.5 million shares worth S$63 million had changed hands, with losers beating gainers 63 to 62.

Some of the most active counters were Singtel, Ezion Holdings and Magnus Energy.Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Ex-BSI Asia CEO Brunner settles Singapore bonus suit with bank

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 lawyer.

Mr Brunner's lawsuit alleged that BSI's Singapore unit breached bonus agreements and a separation pact without any legal basis. Mr Brunner, 64, was among six BSI bankers referred by Singapore's central bank to prosecutors over lapses in dealing with 1Malaysia Development Bhd (1MDB).

He's also one of two former BSI executives the Swiss financial regulator has started proceedings against. Mr Brunner's retirement was announced in March.

"Hanspeter Brunner has withdrawn his claim against the bank in its entirety," Muralli Rajaram, a Singapore-based lawyer for BSI, said Thursday by phone, confirming the settlement.Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Amazon Market News Update : Epic Research Singapore

If Amazon.com introduces a smartphone with 3D technology, it could send shudders through the industry’s biggest players — Apple and Samsung.

On Wednesday, Amazon AMZN +1.89%   notified reporters and customers on its website and via a YouTube video about an event during which it will launch of a “new device” at its Seattle headquarters on June 18. Quickly, speculation began that the company will launch its long-awaited smartphone.        

Understandably there are concerns about Apple’s AAPL -0.27%   and Google’s GOOG +0.44%  platform dominance in mobile devices, but launching a stand-alone phone could add margin pressures and significant competitive headwinds.           

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Epic Research Singapore : Amazon Market News Update

Amazon.com is expanding its Sunday delivery service to 15 more cities, the company announced Thursday. The pilot program began in November when the e-commerce giant began offering the service in New York and Los Angeles.

Amazon AMZN -0.11%  said it would now offer Sunday deliveries to: Austin, Texas; Cincinnati; College Station, Texas; Columbus, Ohio; Dallas; Houston; Indianapolis; Lexington, Ky.; Louisville, Ky.; New Orleans; Oklahoma City; Philadelphia; San Antonio; Shreveport, La. and Waco, Texas.

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More

Epic Research Singapore : Amazon Market News Update

Amazon.com AMZN -1.70% is getting ready to introduce its own smartphone later this year, a report said Friday. Amazon is planning to introduce the device in the second half of the year, The Wall Street Journal reported, citing unnamed sources. The move would signal that Amazon is pushing deeper into hardware at a time of heightening competition in the mobile market. Shares of Amazon were up a fraction after-hours. 

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

Read More