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Singapore Share Market Update:Asia stocks advance early Thursday US$ oil recover from multi-month lows

Asian stocks rose on Thursday, taking their cues from a Wall Street bounce, while the dollar crawled up from a four-month low but remains clouded by concerns about U.S. President Donald Trump’s pro-growth policies. Sterling was about 0.1 percent lower at $1.247 in early trade but had fallen as much as 0.4 percent on Wednesday, … Continue reading "Singapore Share Market Update:Asia stocks advance early Thursday US$ oil recover from multi-month lows"

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Singapore Share Market Update:Oil prices fall early Wednesday on bloated US crude storage

Oil prices dipped on Wednesday as rising crude stocks in the United States underscored an ongoing global fuel supply overhang despite an OPEC-led effort to cut output. Prices for front-month Brent crude futures, the international benchmark for oil, were at $50.92 per barrel at 0051 GMT, down 4 cents from their last close.U.S. West Texas … Continue reading "Singapore Share Market Update:Oil prices fall early Wednesday on bloated US crude storage"

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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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