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Singapore Share Market Update:Asia stocks slip early Tuesday amid North Korea concerns, US$ up

Asian stocks pulled back in early trade on Tuesday, while the dollar bounced back from a five-month low after the U.S. Treasury Secretary’s comments supported a stronger currency, although escalating tensions over North Korea capped gains. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.15 percent lower.Japan’s Nikkei jumped 0.8 percent, its biggest one-day … Continue reading "Singapore Share Market Update:Asia stocks slip early Tuesday amid North Korea concerns, US$ up"

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Singapore Share Market Update:STI down as investors reduce positions

Local shares ended the shortened week on a subdued note as investors reduced positions ahead of the Good Friday holiday and factored in the slightly lower-than- expected economic growth figures for the first quarter. Dealers also cited geopolitical tensions, the upcoming French elections and uncertainty over whether the pending corporate earnings season can live up … Continue reading "Singapore Share Market Update:STI down as investors reduce positions"

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Singapore Share Market Update:Reformation of Asian firms poised to lift stocks

Improvements in corporate governance could unlock greater shareholder returns in Asia, with companies in China, Japan, and South Korea poised to benefit the most, according to Goldman Sachs Group Inc. Reforming the way companies are run would cut the risk of investing in the world’s fastest-growing region, Goldman analysts led by Gabriel Wilson-Otto said in … Continue reading "Singapore Share Market Update:Reformation of Asian firms poised to lift stocks"

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Singapore Share Market Update:Moody’s Growth of syariah compliant investment accounts to remain strong

The growth of shariah-compliant investment accounts at Malaysian banks will remain strong over the next three to five years, carrying over the trend started in July 2015, according to Moody’s Investors Service. This is following active promotion by the regulator and banks themselves, it said. Vice-president and senior analyst Simon Chen said Malaysian banks had … Continue reading "Singapore Share Market Update:Moody’s Growth of syariah compliant investment accounts to remain strong"

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Singapore Share Market Update:Here’s the deal on SGX tie-ups

Even as the rumor mill went into overdrive on the Singapore Exchange (SGX) exploring possible tie-ups with overseas exchange operators, market observers were quick to downplay that likelihood. Bloomberg had cited “people familiar with the matter” as saying that the SGX had discussed selling a stake in itself – possibly even taking part in a … Continue reading "Singapore Share Market Update:Here’s the deal on SGX tie-ups"

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