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Asian stock markets down amid recovery woes

Asian stock markets retreated Monday as evidence mounted that recoveries in the world’s biggest economies have hit a roadblock. Oil prices fell below $99 a barrel, extending a big loss on Friday after a report said Saudi Arabia plans to boost its crude production. In currencies, the dollar was stronger against the yen and the […]

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Singapore Stocks Updates: Ezion Holdings, Hi-P, Keppel Corp., Wilmar

Singapore’s Straits Times Index dropped 0.5 percent to 3,005.28 at the close, the lowest since March 22. Almost six stocks fell for each that rose in the benchmark index of 30 companies. The gauge sank 2.4 percent this week. Shares on the measure trade at an average 13.8 times estimated earnings, compared with about 15.6 […]

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ASEAN Exchanges a step closer to trading interconnectivity

Four exchanges in ASEAN – Bursa Malaysia (BMB), The Philippine Stock Exchange (PSE), Singapore Exchange (SGX) and the Stock Exchange of Thailand (SET) – today said that they have made progress toward achieving interconnectivity amongst their respective markets as part of the broader ASEAN Exchanges Collaboration. After its previous announcement of electronic trading platform, ASEAN […]

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Emerging-Market Stocks Slump to Three-Month Low on Rates, Greece

Emerging-market stocks fell to a three-month low as concern deepened that Europe’s debt crisis and rising interest rates in developing nations will curb global economic growth. The MSCI Emerging Markets Index dropped 1.8 percent to 1,107.43 at 5:30 p.m. in New York, the lowest since March 18. China’s Shanghai Composite Index sank 1.5 percent, while […]

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Financial stocks drop as economic worries deepen

Financial stocks drop as economic worries deepenGreek debt crisis, economic worries weigh on financial stocks BOSTON (AP) — Financial stocks ranging from the biggest U.S. banks to credit ratings agency Moody’s Corp. dropped more sharply than the broader market on Wednesday, hammered by growing investor unease about Greece’s debt crisis and another report suggesting the […]

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More brokerages offering stock trading apps for mobile devices

More brokerages offering stock trading apps for mobile devices Brokerages here are betting on mobile trading to become the next big thing – a decade after internet trading revolutionised the stock broking industry. Internet trading currently accounts for more than half of trading volumes at brokerages like PhillipCapital. In anticipation of mobile trading taking off, […]

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SGX downplays size after failed ASX exchange deal

Singapore Exchange Ltd (SGXL.SI) CEO Magnus Bocker, whose takeover of market operator ASX Ltd (ASX.AX) was blocked by the Australian government earlier this year, warned on Friday that size alone will not determine which bourses ultimately succeed. Bockner, speaking at a conference hosted by Sandler O’Neill, also said it was a bit “sad” from Australia’s […]

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SGX to clear Asian FX Forwards

The Singapore Exchange (SGX) is set to become the first bourse in the world to start clearing Asian Foreign Exchange Forwards (FX Forwards) when it makes the service available by September this year. SGX said the clearing of Asian FX Forwards would include the non-deliverable currencies traded in the region. These are the Chinese yuan, […]

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Singapore Exchange: Singapore inflation slows to less than 5% for first time in 2011 Share

Singapore’s inflation slowed to less than 5% for the first time this year in April as a strengthening currency reduced the cost of imported goods. Consumer prices rose 4.5% last month from a year earlier, the Department of Statistics said in a statement today. That was the slowest pace in five months, according to data […]

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Singapore exchange’s McMahon to resign in June

Singapore Mercantile Exchange Sunday said its chief executive, Thomas McMahon, has resigned and will leave his post at the end of June. The exchange, which commenced operation in August last year, said in a statement McMahon “has decided to move on to pursue his personal interests within the industry, and will do so from Singapore.” […]

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Time to introduce S-Chip investor protection measures: SIAS

The time is now ripe for Singapore to introduce strict measures that will protect the investments of retail investors in S-Chips, according to David Gerald, president and CEO of Securities Investors Association Singapore (SIAS). Mr Gerald’s comments came as S-Chips investors face another prospect of losing their investments after mainboard-listed China Milk Products Group is […]

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Asian Markets Mixed as US Fears Persist

Asian markets mixed as US fears persist Asian stocks were mixed on Tuesday in the first day of region-wide trade after a long weekend, with bargain hunting weighed by another poor show on Wall Street and global economic fears. Tokyo gained 0.67 percent, or 62.60 points, to 9,442.95 while Shanghai rose 0.60 percent, or 16.28 […]

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Symbol Bid Ask Spread
EURUSD 1.17660 1.17680 2
GBPUSD 1.28320 1.28350 3
USDCAD 1.25430 1.25460 3
USDJPY 109.380 109.400 2
USDCHF 0.96720 0.96750 3
AUDUSD 0.79180 0.79210 3
NZDUSD 0.72930 0.72980 5
EURGBP 0.91680 0.91710 3
EURCHF 1.13810 1.13840 3
EURJPY 128.710 128.740 3
AUDJPY 86.610 86.660 5
GBPJPY 140.360 140.420 6
XAUUSD 1286.25 1286.65 40
XAGUSD 16.998 17.013 1.5