News

Singapore firms to receive $10.2 billion to help build China's OBOR initiative

Funds will be used for infrastructure projects across Asia.

SGX, ICBC team up to court Chinese firms in Singapore

The tie-up will focus on REITs, offshore RMB bonds.

Why First Resources is geared for a comeback

60% of its production is expected to come in 2H16.

SGX inks deal with ICBC to boost capital market links

The local bourse seeks listing of more Chinese companies.

Singapore mulls listing leveraged notes

These products have been popular in Europe for many years.

UOB set to unveil contactless ATM machines

All its ATMs will be contactless by December 2018.

Daily Markets Briefing: STI down 0.07%

Brace for a pullback today. According to OCBC, the pullback on Wall Street Friday amidst uncertainties from the upcoming Fed meeting could spark a similar correction in the local bourse today.Here's more from OCBC:We peg the immediate support at 2800, ahead of its next support level at 2740; on the upside, we peg the initial hurdle at 2850, ahead of 2875.The MACD has indicated a bearish crossover, suggesting that the downside momentum could be picking up again.Overall volume shrank 32.7% with 1.0b units traded, and the total value tumbled 27.4% to S$0.9b; while average value/unit climbed 8.0% to S$0.88.

Singtel unveils WiFi calls feature for postpaid subscribers

It is currently available on selected mobile devices.