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Singapore Stock Market : S$48.6 million of share buybacks in May

SINGAPORE- More than 18.5 million offers worth a sum of S$48.6 million were repurchased by 20 organizations a month ago, the most noteworthy incentive in eight months, the Singapore Exchange (SGX) said yesterday, as the organizations conveyed some of their sit without moving money to support their profit per share. – Singapore Stock Market The esteem … Continue reading "Singapore Stock Market : S$48.6 million of share buybacks in May"

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Singapore Share Market Update:Asian Markets Gain on US tax Reform Hopes

Asian bourses ended the week on a positive note amid excitement over the news of imminent moves to reform the United States tax system. US Treasury Secretary Steven Mnuchin said plans for major tax reform would be tabled very soon. The much-awaited move is expected to benefit American businesses and households, thereby building a stronger … Continue reading "Singapore Share Market Update:Asian Markets Gain on US tax Reform Hopes"

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Singapore Share Market Update:Singapore Press stays a sell for OCBC

Singapore OCBC is maintaining its sell on Singapore Press Holdings with unchanged fair value estimate of $3.41 given the uncertain economic outlook and the continuing disruption of the media industry. We expect conditions to remain challenging for the group’s media business ahead, says lead analyst Carmen Lee in a Monday report. SPH announced that 2Q17 … Continue reading "Singapore Share Market Update:Singapore Press stays a sell for OCBC"

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Singapore Share Market Update:Stocks pressured, safe assets up on rising geopolitical risks

Global stock markets were pressured on Tuesday as rising tensions in the Middle East and political uncertainty in Europe kept investors on edge, underpinning safe assets such as the yen, gold, and Treasuries. The exception was oil, which continued its steady climb on supply concerns in the wake of the U.S. missile strikes on a … Continue reading "Singapore Share Market Update:Stocks pressured, safe assets up on rising geopolitical risks"

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Singapore Share Market Update:CWT gets $2.33 per share offer from HNA acquisition deal valued at $1.4 bil

Singapore: China’s HNA Holding Group Co. is making an offer to acquire logistics firm CWT for nearly $1.4 billion. In a regulatory filing on Sunday night, HNA announced that its subsidiary HNA Belt and Road Investments (Singapore) plans to purchase 600 million CWT shares at $2.33 apiece. This values the acquisition deal at nearly $1.4 … Continue reading "Singapore Share Market Update:CWT gets $2.33 per share offer from HNA acquisition deal valued at $1.4 bil"

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