News
SGX EURO STOXX 50 futures to debut in Asia
SGX EURO STOXX 50 futures to debut in Asia
The agreement is expected to provide one-stop access to Asian and European equity market aside from trading opportunities in SGX and Eurex.
Tiger Airways bested APAC airlines in ancillary revenues global ranking
Providing the only Eastern challenge to older and bigger Western carriers, the airline achieved high scores for its budget fares.
Consumers face higher costs of transport, housing and food
The consumer price index moved up by 2.7 percent in June 2010, with higher prices of cars and petrol contributing to the 10.3 percent increase in the cost of transport.
Keppel delivers Seadrill's 5th KFELS jackup rig
Partnership has yielded a fleet of 14 rigs worth US$1.5bln.
MAS and China's PBC establish bilateral currency swap
Arrangement will provide worth S$30bln liquidity in both Chinese Yuan and Singapore dollar.
Frasers Centrepoint 3Q10 net property income up 46%
Eyes further growth as $72mln rejuvenation and enhancement of Causeway Point has started.
COSCO strikes US$500mln deal to build drillship
The vessel is designed to drill wells in international oilfields with high efficiency and safety in harsh environments.
Singapore Airlines to fly more in Northern Winter
A bigger demand for travel will increase frequency in flights starting 31 October 2010.
CapitaRetail China Trust gross revenue drops 2.8% in H1 2010
However, in RMB terms, CRCT’s gross revenue achieved a net income of RMB97.2 mln in the second quarter, which is up 8.8% from the same period in 2009.
Keppel Corp's Infrastructure Division posts 35% decrease in profit
Keppel Corp improved its net profit by 11%, but review of Group performance revealed pre-tax profit from Infrastructure Division fell to $51 million due to lower contribution from EPC contracts.
Singapore parking is cheapest
But only among global financial hubs, with Singapore’s monthly parking rates at US$192.89.
Tiger Airways soon to land in Taipei
Singapore’s low-cost airlines continue to expand in Greater China with the addition of Taipei, when flights commence on 11/1/11.
OCBC offers iPad banking and trading applications
OCBC becoming the first financial institution to launch applications for one of Apple’s latest gadget, continues to pull on technological innovation for its clients and investors.
FSL TRUST slams writ on Daxin Petroleum and subsidiaries
FSL wants remedy for all the damages caused by the arrest of Nika I and FSL Singapore.
SGX to clear OTC container swap contracts in August
Clearing services will cover routes from Shanghai to Europe, Mediterranean, US West Coast and US East Coast.
Temasek to offer S$1 bln benchmark bond
The Singapore state investor expressed intentions to launch a S$1 billion 40-year benchmark Temasek bond set to mature in August 2050.
Wilmar buys Natural Oleochemicals for $140mln
The agribusiness company said the steady growth of the oleochemical industry is due to sustained economic development and increased global demand for an eco-friendly functional product.
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