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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 […]

SGX warns about near-term market outlook

The Singapore Exchange has warned that market activity in the near term could be affected by concerns over the global economy. It reported on Tuesday that its net profit was little changed in the fourth quarter from a year earlier at S$79.5 million, although it did take a hit from the failed merger with the […]

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Yanlord Land sells 58.4% of units in Chinese residential project

SGX-listed Yanlord Land Group announced on Monday that it has sold 58.4 per cent, or 181 out of its 310 apartment units, at its inaugural launch of Yanlord Riverside Gardens in Tianjin, China. Yanlord Riverside Gardens is the group’s second international community development in Tianjin and contracted a total of 572 million yuan in pre-sales. […]

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SGX posts 7.9% fall in full year profits

Singapore Exchange Limited on Monday posted a 7.9 per cent decline in fiscal 2011 profits from S$320.1 million in 2011 to S$294.9 million on higher expenses. Revenue rose 3.3 per cent from S$639.7 million the previous year to S$660.7 million. The group registered a 6 per cent increase in securities daily trading value to $1.6 […]

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SembMarine’s Q2 net profit down 15%

Sembcorp Marine, the world’s second largest rig builder, posted a worse-than-expected 15 per cent fall in second quarter net profit, despite stronger margins. The company, a unit of waste-processor to infrastructure conglomerate Sembcorp Industry, reported a net profit of S$149.7 million (US$124.4 million) for the three months ended June 30, compared to S$176.1 million a […]

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SGX launches online help for investment products

The Singapore Exchange (SGX) on Friday introduced two online initiatives, the “Customer Account Review Module” and the “SGX Online Education Programme”, both aimed at supporting retail investors in their understanding and trading of “Specified Investment Products” listed on SGX. “Specified Investment Products” have terms and features that could be challenging for retail investors to understand. […]

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United Envirotech Announces a New US$113.8 Million Convertible Bond Investment by KKR

United Envirotech Limited (“UEL”, SGX: U19), a leading water treatment and recycling solution provider in China, today announced that an affiliate of Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, “KKR”), a leading global investment firm with US$ 61 billion in assets under management, has entered into a definitive agreement with the company […]

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DBS says guarding against US debt problems

The chief executive of Southeast Asia’s biggest bank, DBS (DBSM.SI), said on Thursday that the biggest problem from the deadlock on the U.S. debt position could be the liquidity of the U.S. dollar. Piyush Gupta told reporters the bank has already positioned itself to guard against a U.S. ratings cut and possible default. It was […]

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STATS ChipPAC Reports Second Quarter 2011 Results

STATS ChipPAC Ltd. (“STATS ChipPAC” or the “Company”) (SGX-ST: STATSChP), a leading semiconductor test and advanced packaging service provider, today announced results for the second quarter 2011. Tan Lay Koon, President and Chief Executive Officer of STATS ChipPAC, said, “Revenue for the second quarter of 2011 increased by 4.3% to $427.0 million over the prior […]

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Singapore Exchange Welcomes Indonesia’s Malacca Trust to Catalist

Singapore Exchange (“SGX”) is pleased to welcome the listing of Malacca Trust Limited (“Malacca Trust”) on Catalist, under the stock code of “5TH”. As one of Indonesia’s established financial services groups, Malacca Trust provides a wide range of financial services to a diverse customer base including both retail and institutional customers in the Indonesian market. […]

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Far east launches catalist ipo

Far East Group launches Catalist IPO Published on Jul 26, 2011   Share  0 inShare Purchase this article for republication Buy SPH photos   Far East Group’s chief operating officer David Leng (left) and chief executive Steven Loh talking about the group’s IPO, which is expected to net $3.5 million. — PHOTO: LIANHE ZAOBAOBy Daniel HoA LOCAL provider of refrigeration and […]

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Singapore Stocks-Set to open lower; GLP in focus

Singapore stocks are likelyto open lower on Monday, as Asian markets will be on the edgeamid news that Washington is struggling to reach an agreementwith lawmakers over the U.S. debt ceiling. Global Logistic Properties , which owns warehousesin Japan and China, may be in focus after Singapore’s regulatorsaid it would not take action against the […]

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Sembcorp Signs Agreements to Further Expand its Water Business in China

The first MOU will be signed between Sembcorp and Tianjin Lingang Industrial Area (TLIA) Construction and Development Co to explore forming a joint venture to build, own and operate a 12,000 cubic metres per day water reclamation plant in the TLIA. The new facility is expected to reclaim effluent from Sembcorp’s existing industrial wastewater treatment […]

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Symbol Bid Ask Spread
EURUSD 1.17900 1.17920 2
GBPUSD 1.33470 1.33500 3
USDCAD 1.28510 1.28540 3
USDJPY 113.460 113.480 2
USDCHF 0.99050 0.99080 3
AUDUSD 0.75320 0.75350 3
NZDUSD 0.69130 0.69180 5
EURGBP 0.88320 0.88350 3
EURCHF 1.16790 1.16820 3
EURJPY 133.780 133.810 3
AUDJPY 85.460 85.510 5
GBPJPY 151.440 151.500 6
XAUUSD 1243.90 1244.30 40
XAGUSD 15.723 15.773 5