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Singapore Saving Bonds VS Fixed Deposit How long would it take before you can make a stable income from trading? New Exciting Overseas Education Limited IPO: Apply or not? Singapore 2012 biggest IPO: Far East Hospitality Trust
 

Singapore Saving Bonds VS Fixed Deposit

1. Fixed deposits is guaranteed by the bank where your fixed deposit is put in. All bank deposits are further insured under Singapore deposit insurance scheme up to 50,000. Singapore saving bonds are issued and guaranteed by the government of the Republic of Singapore. A government bond has traditionally been viewed as risk free until […]

How long would it take before you can make a stable income from trading?

How long is a piece of string? The best answer anyone can come up with is somewhere between 6 months and never – which isn’t very helpful! Therefore, what this FAQ will aim to do is to outline practical steps that you can take that will help you to get from wherever you are now […]

New Exciting Overseas Education Limited IPO: Apply or not?

Overseas Education (OEL) has launched its initial public offering (IPO) to raise $56.1 million. The 125 million shares to be issued, comprising of 3.75 million shares for the public and 121.25 million placement shares, are priced at 48 cents each. The issue price is 6.6 times Overseas Education’s earnings per share of 7.3 cents for […]

Singapore 2012 biggest IPO: Far East Hospitality Trust

RIDING on the hospitality sector’s robust growth, Far East Organization is set to offer investors a bite off its assets via the group’s first hospitality trust listing – Far East Hospitality Trust (Far East H-Trust). The listing of the hospitality stapled group, which comprises both Far East H-Reit and Far East H-BT, is expected to […]

Following Ong Beng Seng in HPL

HPL   Ong Beng Seng bought 1.326 mln shares on Wed Aug 31st at $1.96 a share. This would be OBS’ first purchase since May-July ’06, when he and wife Christina bought 2.37 mln shares at $1.81 average.   Wheelock Properties bought its 19.99% stake back in Mar ’06 and also at $1.80, from Quek Leng […]

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US stocks pummeled by bleak jobs data

US stocks pummeled by bleak jobs data US stocks closed more than two percent lower on Friday after a disappointing report on the United States’s labor market showed that job creation ground to a halt in August. The Dow Jones Industrial Average was down 251.57 points (2.19 percent) to 11,242.00 in closing trade. The broader […]

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Stochastic Oscillator

Developed by George C. Lane in the late 1950s, the Stochastic Oscillator is a momentum indicator that shows the location of the close relative to the high-low range over a set number of periods. According to an interview with Lane, the Stochastic Oscillator “doesn’t follow price, it doesn’t follow volume or anything like that. It […]

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Genting Singapore (G13.SI) Quarter 2 earnings 34% on-quarter

Genting Singapore (G13.SI) Quarter 2 earnings 34% on-quarter Genting Singapore (G13.SI) said on Friday that gross earnings from its casino-resort in the second quarter fell 34 percent from the previous three months, lagging behind rival Marina Bay Sands, as it was hit by lower win percentages in its premium players segment. Resorts World at Sentosa […]

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Noble 2Q net jumps 63% as trading volumes rise

Noble Group, the Hong Kong-based supplier of energy, food and mining commodities, reported a 63% jump in second-quarter profit, boosted by bigger trading volumes. Net income rose to US$139.8 million ($170 million), from US$85.9 million a year earlier, the Singapore-listed company said in a statement today. That’s the second-largest profit for the period in nine […]

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Hyflux downgraded to ‘hold’ by DBS

DBS Vickers Securities in an Aug 5 research report says: “In tandem with weaker than expected sales of $111 million, PATMI of $14.5 million (-47% y-o-y, 97% q-o-q) came in significantly below our $27 million forecast. Hyflux maintained interim dividend perp share of 0.67 cents. “In addition to higher costs and taxes, the Magtaa fire […]

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SingTel reports unexpected drop in profit on regional units

Singapore Telecommunications, Southeast Asia’s biggest phone company, reported an unexpected drop in first-quarter profit as costs cut earnings at home and currency gains crimped income from regional businesses. Net income fell 2.9% to $916.2 million, or 5.7 cents a share, in the three months ended in June from $943.2 million, or 5.9 cents, a year […]

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Securities turnover on SGX down 3% in July

Securities turnover on the Singapore Exchange (SGX) fell 3 per cent in July to S$29.3 billion compared to a year ago. In its monthly statistical report, SGX said this translated to an average of S$1.4 billion for securities traded daily. The biggest decline in volume trading was in the healthcare sector, which fell 72 per […]

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Unilever’s Bright Q2

Unilever delivered robust earnings of $1.09 per share in the second quarter of 2011, moving up by 10% from the year-ago period. It also surpassed the Zacks Consensus Estimate of 36 cents by 11.11%. Profits went up based on improved underlying profit and disposals, with lower interest and pension costs also contributed to the higher […]

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Singapore Stocks: Hyflux, Noble, Venture Corp., Tiger Airways

Singapore’s Straits Times Index (FSSTI) sank 3.4 percent to 3,001.05 as of 12:19 p.m. local time, having fallen as much as 3.6 percent earlier, the most since March 2009. All stocks in the index of 30 companies dropped. The measure is poised for a 5.8 percent slump this week, the biggest weekly drop since February […]

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Asia markets plunge amid recession fears

Asian stock markets plummeted on Friday following carnage in the US and European markets over fears the world was heading towards another financial crisis.Already-fragile investor confidence was hammered by more weak US economic data and a warning from the head of the European Commission that the eurozone debt crisis had likely spread to other economies.”It’s […]

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SGX Securities Market Starts All-day Trading

Singapore Exchange’s (SGX) securities market successfully began trading continuously all day. Turnover from 12.30pm to 2.00pm was $110 million, contributing to 6.4% of today’s trading. All-day trading allows investors to respond more easily to regional market movements and news flows as Singapore’s securities market hours now overlap more with those of other Asian exchanges, including […]

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Symbol Bid Ask Spread
EURUSD 1.17520 1.17540 2
GBPUSD 1.28740 1.28770 3
USDCAD 1.25700 1.25730 3
USDJPY 109.300 109.320 2
USDCHF 0.96510 0.96540 3
AUDUSD 0.79330 0.79360 3
NZDUSD 0.73170 0.73220 5
EURGBP 0.91270 0.91300 3
EURCHF 1.13440 1.13470 3
EURJPY 128.460 128.490 3
AUDJPY 86.710 86.760 5
GBPJPY 140.720 140.780 6
XAUUSD 1286.81 1287.21 40
XAGUSD 17.020 17.034 1.4