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Singapore Share Market Update:QT Vascular secures initial $10 mil capital commitment from US investor

Catalist-listed QT Vascular says a New York-based private alternative investment group, GEM Global Yield Fund, has agreed to provide it with up to $10 million in capital commitment over the next 30 months. The medical technology company has also agreed to issue 35 million warrants to GEM Global, each carrying the right to subscribe for … Continue reading "Singapore Share Market Update:QT Vascular secures initial $10 mil capital commitment from US investor"

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Singapore Share Market Update:SGX to spend S$1.5m to enhance recovery processes

The Singapore Exchange (SGX) will set aside S$1.5 million to co-fund the recommendations put forward by the Industry Working Group (IWG), set up to study and make recommendations on processes to enhance the operational resilience of the securities market. The Monetary Authority of Singapore (MAS) has directed SGX to implement the measures proposed by the … Continue reading "Singapore Share Market Update:SGX to spend S$1.5m to enhance recovery processes"

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Singapore Share Market Update:MAS directs SGX to enhance recovery processes resilience

The Monetary Authority of Singapore (MAS) has directed the Singapore Exchange (SGX) to implement measures to enhance its recovery processes and operational resilience.This is following supervisory, investigation into the trading disruption to the securities market on July 14, 2016. These measures included recommendations by the Industry Working Group (IWG), comprising SGX and industry stakeholders.In a … Continue reading "Singapore Share Market Update:MAS directs SGX to enhance recovery processes resilience"

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Singapore Share Market Update:Asia stocks weaker early Monday US$ slips as Fed continues to weigh

Singapore asian stocks were slightly weaker early on Monday, following Wall Street’s declines and the G20’s decision to drop a pledge to avoid trade protectionism, while the Federal Reserve’s seemingly dovish stance last week continued to drag the dollar lower. MSCI’s broadest index of Asia-Pacific shares outside Japan was fractionally lower. Japan is closed for … Continue reading "Singapore Share Market Update:Asia stocks weaker early Monday US$ slips as Fed continues to weigh"

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Singapore Share Market Update:Oil prices drop on rise in U.S. drilling

Singapore Oil prices fell on Monday as rising U.S. drilling activity and steady supplies from OPEC countries despite touted production cuts pressured already-bloated markets. Prices for benchmark Brent crude futures were 29 cents, or 0.56%, below their last settlement at 0223 GMT, at US$51.47 per barrel.U.S. West Texas Intermediate (WTI) crude futures were down 38 … Continue reading "Singapore Share Market Update:Oil prices drop on rise in U.S. drilling"

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