Archive | Singapore Trading News

StarHub’s AGM draws flurry of queries from shareholder

StarHub’s AGM draws flurry of queries from shareholder StarHub shareholder Dr Tony Tan’s complaint that that the telco had too many board members and paid them too much, attracted comebacks from no less than three directors. — PHOTO: BLOOMBERG TWO years ago, StarHub shareholder Dr Tony Tan’s complaint that that the telco had too many […]

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Surbana deal to help CapitaLand expand into China’s low-cost housing segment

Surbana deal to help CapitaLand expand into China’s low-cost housing segment* To have combined pipeline of 64,000 residential units in China (Adds comments from CapitaLand CEO, details, background) By Charmian Kok SINGAPORE, April 15 (Reuters) – Southeast Asia’s largest property developer CapitaLand on Friday will pay S$360 million ($288.8 million) for a 40 percent stake […]

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Significant Step in De-risking Urea Investment-OLAM O32.SI

Significant Step in De-risking Urea Investmentreport by Morgan Stanley Quick Comment – Impact on our views: We reiterateour OW rating on Olam and favorably view TataChemical’s (TCL) investment in Olam’s Urea Project inGabon. Key positives of the development:(1) De-risks Olam’s investment in a space that was newto them by bringing in an experienced strategicpartner rather […]

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Singapore Stocks, Sembcorp Marine, Keppel Corp

Singapore will open lower and it will be a great opportunity to buy quality. Sembcorp Sembcorp Marine, one of the world’s largest rig-builders, said yesterday that its Jurong Shipyard unit has signed two contracts worth a total of US$427.6 million (S$539 million) to build two jackup rigs for United States offshore driller Noble Corporation. The […]

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Hutchison profit beats forecast as 3G recovers

HONG KONG, March 29 (Reuters) – Hutchison Whampoa Ltd (0013.HK) posted a forecast-beating 47 percent rise in 2010 earnings, driven in part by a turnaround in its long-struggling 3G telecom arm. Hutchison, billionaire Li Ka-shing’s flagship ports-to- telecoms company, said it would also book a one-off gain of US$5.65 billion in 2011 from listing its […]

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Weighed by weaker palm oil, 3,028 support eyed

Weighed by weaker palm oil, 3,028 support eyed Singapore shares fell 0.8% by midday on Monday, weighed by weaker palm oil prices, although shipbuilder Cosco Corp (COSC.SI) surged after the company secured a major rig contract provided some support for the market. Wilmar International (WLIL.SI), the world’s largest listed palm oil firm, fell 1.7% to […]

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China Detects Harmless Amount of Iodine-131

China Detects Harmless Amount of Iodine-131 China detected low levels of radioactive material iodine-131 in the air above Heilongjiang Province on Saturday and says it was released from a quake-damaged nuclear power plant in Japan, according to China’s National Nuclear Emergency Coordination Committee. The committee said in a statement that no protective measures are needed […]

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HPH Trust (NS8U.SG) closes at US$0.985 on 25th march 2011

HPH Trust (NS8U.SG) closes at US$0.985 on 25th march 2011 HPH trust (NS8U.SG) remains the most traded counter on the singapore stock exchange since its debut on 18th March Friday afternoon. A dismal IPO showing due largely to the Japan earthquake dampened sentiments and saw the counter fall to a low of 0.905 on 22nd […]

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Levels Of Radioactive Materials Soaring In Sea Near Nuke Plant

Levels Of Radioactive Materials Soaring In Sea Near Nuke Plant TOKYO (Kyodo)–Levels of radioactive materials are skyrocketing in the sea near the crisis-hit nuclear power station in Fukushima Prefecture, the government’s nuclear safety agency said Saturday, while the plant’s operator has started injecting fresh water into the No. 2 reactor core to enhance cooling efficiency. […]

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SGX’s A$7.3 billion bid for ASX falters on government, regulator

SGX’s A$7.3 billion bid for ASX falters on government, regulatorA A$7.3 billion ($7.1 billion) bid by the Singapore Exchange (SGXL.SI) to take over its Australian rival is faltering as the Australian government, the regulator and a key opposition party are all set to reject it, the Sydney Morning Herald said. The Foreign Investment Review Board […]

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Credit Suisse says HPH Trust (NS8U.SG) could peak within two weeks of its debut this afternoon

Credit Suisse says HPH Trust (NS8U.SG) could peak within two weeks of its debut this afternoon Credit Suisse says HPH Trust (NS8U.SG) could peak within two weeks of its debut this afternoon, based on GLP (MC0.SG) and CapitaMalls Asia’s (JS8.SG) historical share price performance. The house says on its IPO price of US$1.01 ($1.29), HPH […]

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Hutchison Port Trust Traded Below IPO Sale Price in Gray Market, BTIG Says

Hutchison Port Trust Traded Below IPO Sale Price in Gray Market, BTIG Says Hutchison Port Holdings Trust, having raised $5.5 billion in the largest initial public offering this year, traded below its IPO price in the gray market as Asian equities fell following an earthquake in Japan. Units of the container-terminal owner were sold for […]

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Symbol Bid Ask Spread
EURUSD 1.18140 1.18160 2
GBPUSD 1.31960 1.31990 3
USDCAD 1.24590 1.24620 3
USDJPY 113.030 113.050 2
USDCHF 0.97990 0.98020 3
AUDUSD 0.78650 0.78680 3
NZDUSD 0.70430 0.70480 5
EURGBP 0.89510 0.89540 3
EURCHF 1.15770 1.15800 3
EURJPY 133.540 133.570 3
AUDJPY 88.900 88.950 5
GBPJPY 149.160 149.220 6
XAUUSD 1280.15 1280.55 40
XAGUSD 16.950 17.000 5