Markets & Investing
61% of wealthy Singaporeans are cautious investors
61% of wealthy Singaporeans are cautious investors
Survey says these high net worth individuals are more concerned with preventing bad things happening than ensuring that good things happen.
38% of Singapore companies don’t believe they should have to report CSR activities
Latin America leads the way with 53% reporting, but the Americans one of the worst at 18%.
What is Sunny Verghese planning to do with almost $1 billion?
Olam plans to raise at least $740m via share placement and offering, and half will go on acquisitions, says OCBC.
Olivia Lum is first woman to win Ernst & Young World Entrepreneur Of The Year Award
She grew her water company from a $15,000 startup in 1989 to a US$450 million company last year.
Simon Says: I'm buying my stock, you should too
SC global CEO Simon Cheong spent $3 mn buying up shares in his own company last week.
Maybank appoints Nomura as RHB bid adviser
Nomura advised on Maybank's $1.4 billion bid for Singapore's stock broker Kim Eng earlier this year, according to Reuters.
OCBC beats UOB in Indonesia expansion
OCBC's Indonesia loans exceed UOB's by a close 0.4%.
China's services PMI reach 7-month high
The country’s services PMI rose by 2.7 points in May due to profits from new business inflows.
SGX vetoes voting by show of hands
Mandatory voting by poll proposal for meetings in Singapore.
Asian currencies move towards CNY
And this has kept Asian currencies resilient in the face of recent EUR weakness, according to HSBC.
“Planking” market hits small mid caps
Singapore mid-cap and small-cap indices tumbled 1.5% and 4.0% respectively in the past one month, says DBS.
“Keep markets open” ICC urges G20 leaders
Protectionist measures amounted to $1.6 trillion, or 10% of all world trade in 2008 alone, according to Global Trade Alert.
Manulife Singapore records growth; opens new customer centre
The company's weighted premium increased by 8% in Q1 2011 and 36% in Q4 2010, bringing home a total weighted sales of about $20million.
SingPost acquires 30% of DataPost shares
This latest transaction leaves DataPost at a $20m value, close to its NTA of about $19.5m as on 31 Mar 2011, says OCBC.
SGX seeks views on changes to opening and closing routines
Proposes to publish real-time IEP throughout the pre-open and pre-close phases and randomise end of the pre-close phase for a varying duration...
Singapore's $217bn dollar win
Foreign investment in Singapore surged 41% from 2005 to 2009 to total $533 billion by 2009.
Guess who are Singapore’s top foreign investors now?
The UK has slipped from first to fourth place since 2005, and you will never guess who is now the most invested in Singapore.
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