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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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Singapore Share Market Update:MAS seen holding fire as growth recovers

Singapore’s recovery from a contraction last year may give the central bank little incentive to adjust its policy stance next month as it monitors the impact of higher US interest rates. The Monetary Authority of Singapore, which uses the currency rather than interest rates as its main policy tool, will keep its stance unchanged at … Continue reading "Singapore Share Market Update:MAS seen holding fire as growth recovers"

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Singapore Share Market Update:Asia stocks set to end week higher US$ slides after Fed

Asian stocks crawled higher in early trade on Friday, set for its best week since September, while the dollar continued the slide that began after the Federal Reserve indicated it was unlikely to speed up monetary tightening. The dollar index, which tracks the greenback against a basket of six trade-weighted peers, retreated 0.1 percent to … Continue reading "Singapore Share Market Update:Asia stocks set to end week higher US$ slides after Fed"

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Singapore Share Market Update:Singapore companies most lacking in enterprise wide analytics EY & Forbes Insights

Singapore Over the next two years, more than half of global executives surveyed are planning to invest at least US $10 million ($14.1 million) in data and advanced analytics, according to a jointly developed report between Forbes Insights and EY. Entitled Data & Advanced Analytics: High Stakes, High Rewards, the report surveyed global executives from … Continue reading "Singapore Share Market Update:Singapore companies most lacking in enterprise wide analytics EY & Forbes Insights"

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Singapore Share Market Update:FY18 to remain a year of transformation for SingPost

Singapore UOB Kay Hian is maintaining its hold recommendation on Singapore Post (SingPost) with a target price of $1.46 as FY17 draws to a close, on the notion that FY18 will remain a “year of transformation” for the group where elevated costs will continue to dampen its earnings. In a Thursday report, analysts Thai Wei-Ying … Continue reading "Singapore Share Market Update:FY18 to remain a year of transformation for SingPost"

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