Stocks

STI to edge up slightly

STI to edge up slightly

As companies begin the reporting season, US equities were bolstered by 4Q earnings optimism.

Markets and Investing

HK-listed firm keen to buy “illiquid” SG-listed SMB United at $0.32 per share

The offer according to the acquiring firm Boer Power is competitively priced compared to the current valuations of French power giant Schneider.

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Investors sell off property stocks amidst uncertainty

This drove Singapore shares to a two-year low as property companies lost in Tuesday’s trading.

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Singapore shares forecast to rise following Wall Street’s gains

The optimistic outlook is amidst news that top central banks will collaborate.

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Frasers Centrepoint Trust’s 48m new stocks over 4 times subscribed

New units priced at S$1.39 each received strong demand from more than 30 institutional investors.

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Wall Street recovery provides optimism for Singapore

Singapore shares are set to open higher on 13 September 2011 after Wall Street recovered in late trading.

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Threats of global liquidity squeeze hurt bank stocks

DBS and OCBC shares, for instance, dropped more than 1% on 9 September 2011.

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Sheng Siong Group stays ‘recession-proof’

Its stock rallied 47% above IPO price of $0.33 since its trading debut last month.

Markets and Investing

Singapore stocks take a beating amidst fears of a US recession

NOL’s shares, for instance, plunged 5.3%.

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