US dollar drops after Fed minutes dampen hike expectations

The US dollar dropped Thursday as records from the Federal Reserve's last meeting dampened hopes of an imminent US interest rate hike. Minutes from the US central bank's July gathering said policymakers were keeping...

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Stocks to watch: Singtel, Epicentre, Sin Heng Heavy Machinery

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...

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Asia: Most stocks rise after Fed minutes show caution

Most Asian stocks ticked up Thursday, tracking gains on Wall Street after minutes from the Federal Reserve's July meeting showed caution about raising interest rates, supporting markets.But Tokyo's main index sank as...

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Singapore shares open lower on US stocks slip

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...

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Gasoline Market Update : Epic Research Singapore

Back on Nymex on Monday, August gasoline RBQ6, +0.04%  fell 2.8 cents, or 2.1%, to $1.334 a gallon and August heating oil HOQ6, +0.49%  lost 3.4 cents, or 2.5%, to $1.323 a gallon. August natural gas NGQ16, -1.20%...

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Oil Market Update : Epic Research Singapore

Oil futures settled Monday at their lowest level in three months as the prospect of more oil-drilling activities in the U.S., a glut of petroleum-product supplies and an expected slowdown in domestic refining activities...

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Platinum Market Update : Epic Research Singapore

Other metals traded on Comex settled mixed. October platinum PLV6, -0.10%  ended flat at $1,088.40 an ounce, while September palladium PAU6, -0.80%  added $2.70, or 0.4%, to $688.75 an ounce. September copper...

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Oil Market Update : Epic Research Singapore

Oil futures lost more than 2% on Thursday, pressured by ample U.S. stockpiles of gasoline, as well as recent slowdowns in domestic crude production declines. Meanwhile, prices for natural-gas recouped about half of what...

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Silver Market Update : Epic Research Singapore

Meanwhile, September silver SIU6, -0.63% tacked on 20.2 cents, or 1%, to $19.815 an ounce to recoup about half of what it lost on Wednesday, when it ended at $ 19.613—the lowest settlement since July 1, according to FactSet. Among...

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Natural Gas Market Update : Epic Research Singapore

Back on Nymex, August gasoline RBQ6, +0.24%  fell nearly a penny, or 0.6%, to end at $1.355 a gallon, with futures prices at their lowest since March. August heating oil HOQ6, +0.39%  fell 3.5 cents, or 2.5%,...

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Oil Market Update : Epic Research Singapore

Oil futures lost more than 2% on Thursday, pressured by ample U.S. stockpiles of gasoline, as well as recent slowdowns in domestic crude production declines. Meanwhile, prices for natural-gas recouped about half of what...

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Silver Market Update : Epic Research Singapore

Meanwhile, September silver SIU6, -0.10% tacked on 20.2 cents, or 1%, to $19.815 an ounce to recoup about half of what it lost on Wednesday, when it ended at $19.613—the lowest settlement since July 1, according to FactSet. Among...

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Gasoline Market Update : Epic Research Singapore

On Nymex, August gasoline RBQ6, +0.18%  lost 1.2 cents, or 0.9%, to $1.364 a gallon, while August heating oil HOQ6, +0.27%  added 2.1 cents, or 1.5%, to $1.405 a gallon. August natural gas NGQ16, -0.45%  ended...

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Oil Market Update : Epic Research Singapore

Oil futures finished higher Wednesday, after data from the U.S. government revealed that crude stockpiles fell for a ninth week in a row, and by more than the market expected. August West Texas Intermediate crude CLQ6,...

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Silver Market Update : Epic Research Singapore

Silver is correcting “more violently as gold, as the white metal historically trades more volatile than its yellow counterpart,” said Pantelis. “We don’t see precious metals entering a big correction, but mostly consolidation...

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'Vital statistics' that add up to a successful CEO

Honesty, humility and trustworthiness are important factors that can affect business success, according to Frasers Centrepoint chief executive Lim Ee Seng last night. Mr Lim's views will carry extra weight, given that he clinched the gold award for best chief executive of a company with a market capitalisation of at least $1 billion. Mr Lim, 65,...

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Bourse's attempts to reopen market hit by problems in orders and trade confirmation process

The longest trading disruption in the Singapore Exchange's (SGX) history was triggered by disk failure and a software application that did not detect the problem. Compounding the situation, attempts to reopen the market last Thursday were stymied by problems in the orders and trade confirmation process, the SGX disclosed yesterday. Trading was halted...

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Market highlights

1 Gold edged higher yesterday as European shares hit a one-week low after data that showed Britain's vote on European Union membership dented German business confidence. 2 Goldman Sachs posted a 74 per cent rise in second-quarter profit as legal costs fell and fixed-income revenue surpassed analyst estimates. Net income rose to US$1.82 billion (S$2.5...

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Gasoline Market Update : Epic Research Singapore

On Nymex, futures prices for August gasoline RBQ6, +0.11%  ended at $1.376 a gallon, down 1.2 cents, or 0.8%, while August heating oil HOQ6, +0.04%  rose less than a cent to $1.384 a gallon. August natural gas...

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Oil Market Update : Epic Research Singapore

Oil futures fell Tuesday, with the U.S. benchmark settling at a 10-week low. Traders fretted over ample inventories of crude and petroleum products and the potential for a slowdown in energy demand on the back of a lower...

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