Singapore Dollar: USD/SGD (SGD=X) take a short position on USD/SGD only below 1.3680 USD/SGD is currently trading around 1.3682 marks. It made intraday high at 1.3696 and low at 1.3682 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3720 marks. A daily close above 1.3640 will test key resistances at […]
Singapore: STI Index (.STI) resumed trading essentially flat Singapore stocks resumed trading essentially flat on Thursday after the midday lunch break, with the Straits Times Index shedding 0.27 of a point, or 0.01 per cent to 3,176.3. Losers outnumbered gainers 178 to 125, as some 805.3 million shares worth S$435.8 million in total changed hands. The […]
Singapore: STI Index (.STI) Gains across region underscore weariness over tit-for-tat tariff war Locals shares headed north yesterday in line with markets across the region as investors took the tit-for-tat tariffs between the United States and China in their stride. Nearly all regional bourses rose despite the US$60 billion (S$82 billion) in tariffs levelled by […]
Singapore Dollar: USD/SGD (SGD=X) Short term consolidation ahead USD/SGD consolidated lower during Wednesday session, reaching an intra-day low of 1.3680. Short term consolidation ahead as bulls try to regain ground toward the 1.3755 resistance with the aid of upside pressure from US-China trade woes. Expect confined movements between 1.3675 and 1.3755 in the short term. […]
Singapore: STI Index (.STI) edges down US President Donald Trump raised a ruckus by thumping China with another round of tariffs, but most Asian markets merely yawned by the closing bell yesterday. Singapore stocks edged down slightly, with the Straits Times Index (STI) retreating 2.06 points, or 0.07 per cent, to 3,139.34. The benchmark index, […]
Singapore: STI Index (.STI) Set to Open Higher China’s main Shanghai Composite index fell to its lowest close in nearly four years on Monday as reports said U.S. President Donald Trump would unveil new tariffs on $200 billion of imported Chinese goods this week. The Shanghai Composite index dropped 1.1 per cent to 2,651.79 points, […]
F1: Singapore, Ferrari’s (NYSE:RACE) Vettel Came 3rd, Raikkonen 5th $RACE The Marina Bay circuit race, aka the Monaco of the East, was the same: anything can happen, but most often nothing does. Ferrari’s (NYSE:RACE) Sebastian Vettel came 3rd and Kimi came 5th. The start of the race looked like it would be better, but Mr. […]
Singapore: STI Index (.STI) May Find Support The losing streak has reached five sessions now for the Singapore stock market, which has tumbled more than 100 points or 3.1 percent along the way. The Straits Times Index now rests just beneath the 3,110-point plateau although it’s due for a positive bounce on Wednesday. The global […]
F1: Singapore Qualifying, Hamilton on the Pole, Verstappen at His Side $RACE Lewis Hamilton takes the Singapore Pole, as Max Verstappen beats Sebastian Vettel to P2 MercedesAMG’s Lewis Hamilton ran fasted to take the Pole position at Marina Bay, 3/10’s up on Red Bull Racing’s Max Verstappen. Mr. Hamilton called it ‘Magic’. MercedesAMG’s chief Toto […]
F1: Ferrari’s (NYSE:RACE) Vettel and Raikkonen Fastest at Singapore FP3 $RACE The Scuderia duo of Sebastian Vettel and Kimi Raikkonen set the pace for Ferrari (NYSE:RACE) in the final practice session ahead of qualifying for the Singapore Grand Prix Saturday night. Mr. Vettel’s fastest time of a 1’38.054 was enough to Top the time sheets […]
F1: Singapore Friday’s Free Practice Results, Ferrari’s Raikkonen Fastest $RACE Ferrari’s (NYSE:RACE) Kimi Raikkonen went fastest in the 2nd session at the Singapore Grand Prix Friday, but his team-mate, Sebastian Vettel, was only 9th fastest after hitting a wall and prematurely ending his running. Mr. Raikkonen posted a lap of 1 min, 38.699 secs to edge championship leader Lewis […]
Singapore: STI Index (.STI) U.S. proposed a new round of trade negotiations with China Asian markets were mostly higher on Thursday after a report that the U.S. had proposed a new round of trade negotiations with China quelled fears that a dispute between the world’s two largest economies was spiraling out of control. According to […]
Economist are Bullish on Global Growth $SPY, $MME=F, $GS,$JPM, $C, $BAC, $DB Wall Street economists are sticking with their forecasts for the global economy to enjoy its strongest growth since the start of the decade even as emerging markets wobble and trade disputes escalate. The Big Q: The reason? The Bit A: The US is […]
Singapore: STI Index (.STI) vulnerable to a correction towards 3,254.75 Singapore stocks closed higher on Wednesday, with the benchmark Straits Times Index (STI) up 0.47 percent or 14.74 points to close at 3,124.65. A total of 1.86 billion shares changed hands with a turnover of 1.01 billion Singapore dollars (about 733.7 million U.S. dollars). Gainers […]
Singapore: STI Index (.STI) plunge as trade tensions continue to spook investors The local market joined other key bourses across the region yesterday to close at levels not seen for more than a year as trade tensions continued to unnerve investors. The Straits Times Index here fell for the fifth straight session to close at […]
Singapore: STI Index (.STI) Drops to a 15 Month Low Singapore shares opened lower on Monday (Sept 10), with the Straits Times Index down 0.5 per cent or 14.42 points to 3,119.97 as at 9.04am. About 50 million shares worth $66 million in total changed hands, which worked out to an average unit price of […]
Asia’s Super Rich Advised to Add More Gold to Portfolios $GLD, $USD Gold has been hammered lately, and some advisers are telling their wealthy clients to take advantage of lower prices and add to their stockpile to protect assets against pounding equity markets. Advisers to Asia’s super rich think their clients should put more of their […]
Singapore: STI Index (.STI) announced some changes to the index the co-creators of Singapore’s stock market benchmark, the Straits Times Index (SGX: ^STI), announced some changes to the index as part of its September quarterly review. The announcement also revealed the new STI reserve list. Companies on this list will replace any STI component that […]
Singapore: STI Index (.STI) Emerging market concerns could weigh on local sentiment The Straits Times Index (STI) ended 1.7% lower at 3156.28. The FTSE ST Mid Cap Index slipped 0.74%, whilst the FTSE ST Small Cap Index fell 1.11%. OCBC Investment Research noted that US stocks closed mostly lower Wednesday with the technology sector logging its worst […]
Singapore: STI Index (.STI) Extending Losses Singapore stocks opened 0.2 per cent lower on Wednesday (Sept 5), with the Straits Times Index inching down by 7.73 points to 3,202.78 as at 9.05am. The field was roughly evenly matched, with 52 gainers to 57 losers, as 51.5 million shares worth $49.8 million in total changed hands. […]
The Battle for Asia’s Ecommerce Dollar When Alibaba purchased a 51% stake in Lazada about two years ago, it was evidence that the Chinese giant is betting on the rise of online shopping in Southeast Asia. Southeast Asia is becoming far more competitive, prompting the Alibaba to get even more involved, the race for the […]
Singapore: STI Index (.STI) expect some short-term choppiness due to the trade war Malaysia and Singapore shares held largely steady Tuesday after a range-bound session with investors monitoring news on currency and trade in absence of fresh cues from U.S. markets. The FBM KLCI ended down 0.1% at 1812.76 as Dialog Group turned 1.2% lower, […]
Singapore: STI Index (.STI) Opened Lower on Monday Singapore stocks opened 0.1 per cent lower on Monday (Sept 3), with the key Straits Times Index retreating 2.32 points to 3,211.16 as at 9.03am. The field was evenly matched, with as many gainers as losers at 57 each, as some 68.8 million shares worth S$76.4 million […]
Singapore: STI Index (.STI) Shares Drifted Lower Friday as Trade Concerns Escalated Singapore shares drifted lower Friday as trade concerns escalated, damping major indexes in the U.S. and across Asia. The Straits Times Index ended 0.38% lower at 3,213.48. Malaysian markets were closed for the National Day holiday. A four-day rising streak on Wall Street […]
Singapore: STI Index (.STI) halted the two-day winning streak The Singapore stock market on Wednesday halted the two-day winning streak in which it had gathered more than 30 points or 1 percent. The Straits Times Index now rests just beneath the 3,245-point plateau although it’s tipped to rebound on Thursday. The global forecast for the […]
Singapore: STI Index (.STI) Caution over trade jitters returns The Singapore stock market has climbed higher in two straight sessions, gathering more than 30 points or 1 percent along the way. The Straits Times Index now rests just above the 3,245-point plateau and it tipped to open higher again on Wednesday. The global forecast for […]
Singapore: STI Index (.STI) extend gains The Singapore stock market has finished higher in two of three trading days since the end of the nine-day losing streak in which it had tumbled more than 120 points or 3.7 percent. The Straits Times Index now rests just above the 3,225-point plateau and it may extend its […]
Singapore: STI Index (.STI) shares opened higher on Monday Singapore stocks opened higher on Monday (Aug 27), with the Straits Times Index gaining 9.75 points, or 0.3 per cent to 3,222.75 as at 9.02am. Gainers outnumbered losers 88 to 31, after about 27.9 million shares worth $77.4 million changed hands. The most actively traded counter […]
Singapore: STI Index (.STI) Banks In Focus Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 3,309.17. The projected upper bound is: 3,285.07. The projected lower bound is: 3,135.18. The projected closing price is: 3,210.13. Candlesticks A big black candle occurred. This is bearish, as prices closed […]
GOLD 1 OZ (XAU=X) rise in activity in gold options A rise in activity in goldoptions amid geopolitical tensions and a record-long bull marketfor U.S. equities suggests that investors are betting goldprices have found a floor, traders said. Open interest in Comex gold call options giving the holder aright to buy the metal at $1,200 […]
Alibaba Results a Positive for V-More Ecommerce giant Alibaba said on Thursday that its revenue jumped 61 percent in the latest quarter as its core e-commerce segment chugged along, but profit for the period was dragged down by a one-off expense. V-MORE is a unique international e-commerce platform that currently caters to China , Singapore, […]
Singapore: STI Index (.STI) rallied 43 points The Straits Times Index rallied 43 points, or 1.37% this morning, largely due to the advance in SingTel (+4.8%) and DBS (+1.7%). A 3% rebound in crude oil prices last night also lifted Singapore’s offshore and marine stocks, namely Sembcorp Marine and Sembcorp Industry. Overall, the bias in prices is: […]
Singapore: STI Index (.STI) positive lead for Tuesday The losing streak has hit eight sessions now for the Singapore stock market, which has dropped more than 115 points or 3.5 percent in that span. The Straits Times Index now rests just beneath the 3,205-point plateau although it’s looking at a positive lead for Tuesday. The […]
Singapore: STI Index (.STI) vulnerable to a correction towards 3,324.07 The Singapore stock market has finished lower now in seven straight sessions, tumbling more than 110 points or 3.4 percent. The Straits Times Index now rests just beneath the 3,210-point plateau although it may find traction on Monday. The global forecast for the Asian markets […]
Singapore: STI Index (.STI) remain vigilant for developing news The international system is at a turning point, with mounting trade tensions between the United States and China and the US and Europe arguing fiercely over trade and defence spending, said PM Lee. He warned that there is uncertainty over whether new rules and norms for international cooperation […]
Singapore: STI Index (.STI) down 0.69% to 3,211.93 Singapore stocks opened lower for the sixth day in a row on Thursday (Aug 16), with the Straits Times Index moving down 0.69 per cent or 24.76 points to 3,211.93. Losers outnumbered gainers 90 to 17 after 33.2 million securities worth $60.1 million changed hands. Overall, the […]
Singapore: STI Index (.STI) finished lower in four straight sessions Wall Street’s recovery could uplift the local bourse today. The Straits Times Index (STI) ended 6.61 points or 0.2% lower at 3,242.87, taking the year-to-date performance to -2.47%. The global forecast for the Asian markets is cautiously optimistic thanks to easing concerns about the financial […]
Singapore: STI Index (.STI) s aiming to push its next stage of growth in commodities and energy Singapore is aiming to push its next stage of growth in commodities and energy by striking a balance between grooming local enterprises to become global players, as well as by making its investment climate even more attractive and […]
Singapore: STI Index (.STI) extended its slide on Monday Singapore stocks closed lower on Monday, with the benchmark Straits Times Index (STI) went down 1.2 percent or 39.44 points to close at 3245.34. A total of 2.31 billion shares changed hands with a turnover of 1.20 billion Singapore dollars (about 868.97 million U.S. dollars). Losers […]
Singapore: STI Index (.STI) Likely To Be Stuck In Neutral Investors are urged to take caution. The Straits Times Index (STI) ended 13.26 points or 0.4% lower at 3326.74, taking the year-to-date performance to -2.24%. The top active stocks were DBS, which declined 2.95%, OCBC Bank, which declined 0.42%, YZJ Shipbldg SGD, which gained 8.79%, […]
Singapore: STI Index (.STI) may slide at opening bell The Straits Times Index (STI) ended 13.26 points or 0.4% lower at 3326.74, taking the year-to-date performance to -2.24%. The top active stocks were DBS, which declined 2.95%, OCBC Bank, which declined 0.42%, YZJ Shipbldg SGD, which gained 8.79%, UOB, which gained 1.14% and CapitaLand, with […]
Singapore: STI Index (.STI) shares closed lower on Wednesday Asian stock markets ended mixed on Wednesday, with investors largely staying on the sidelines and refraining from making significant moves due to lack of triggers. The overnight positive close on Wall Street set up a higher opening for the markets, but lack of support at higher […]
Singapore: STI Index (.STI) higher at 3340.00 as heavyweight banks climbed further The Straits Times Index ended 1.7% higher at 3340.00 as heavyweight banks climbed further amid optimism over improved margins outlook. The FBM KLCI meanwhile closed 0.6% higher at 1791.09 after 25 of the 30-stock index gained. With Wall Street shrugging off the latest […]
Singapore: STI Index (.STI) Earnings season in full swing The week ahead will have no shortage of company announcements as constituents of the key Straits Times Index (STI) are set to disclose their earnings. Gainers outnumbered losers 165 to 132, or about five up for every four down, as some 1.08 billion shares worth S$650.3 […]
Singapore: STI Index (.STI) faces temporary disruption Singapore and Malaysia’s market benchmarks were temporarily disrupted on Thursday due to technical glitches at index provider FTSE Russell. The issue became apparent when Singapore’s benchmark Straits Times Index was largely unchanged in the first hour of trading, despite DBS Group Holdings Ltd tumbling as much as 3 […]
Singapore Economic Update Singapore Institute of Purchasing and Materials Management (SIPMM) said on Thursday that the country’s purchasing managers’ index (PMI), an early indicator of manufacturing activity, declined 0.2 points from 52.5 in May to 52.3 in July. It marks the 23rd month of consecutive expansion of Singapore’s manufacturing sector. Meanwhile, the PMI of Singapore’s […]
Singapore: STI Index (.STI) awaiting signals amidst the trade wars The Straits Times Index (STI) ended 42.63% points or 1.28% lower at 3286.32. The top active stocks today were DBS, which gained 0.71%, Singtel, which gained 0.31%, Venture, which gained 6.84%, OCBC Bank, which gained 0.26% and CapitaLand, with a 1.24% fall. Global risk appetite […]
SILVER 1 OZ 999 NY (XAG=X) solid overall near-term technical advantage Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.7% on the morning of Thursday August 2. Precious metals were broadly stronger this morning; platinum rose by 0.6%, palladium and gold were up by 0.2% […]
Singapore: STI Index (.STI) expected to see additional support Singapore stocks resumed trading flat after the Wednesday lunch break, with the Straits Times Index advancing to 3,324.01, up 4.16 points or 0.1 per cent. Of the 30 index components, 20 were in the positive territory; one was flat while the remaining nine were in the […]
Singapore: STI Index (.STI) stocks look attractive again after falling 12% from May The Straits Times Index ended 12.70 points, or 0.38 per cent, up at 3,319.85, but that still leaves it down 2.44 per cent this year. Losers edged out gainers 209 to 178 on turnover of 1.21 billion shares worth $1.48 billion. The […]
Singapore Dollar: USD/SGD (SGD=X) upside pressure easing Since the beginning of the year 2018, USD/SGD has appreciated significantly till date and at the current junction, USD/SGD seems to have difficulty closing above the 1.365 critical resistance level. The common question among investors would be where will USD/SGD be heading next? First half of July saw […]
Singapore: STI Index (.STI) recorded a 7% growth in its net profit Singapore stocks finished 0.5 per cent lower on Monday, with the Straits Times Index losing 17.83 points to end at 3,307.15. Losers outnumbered gainers 237 to 153, or about three down for every two up, as about 1.74 billion shares worth S$835.3 million […]
Singapore: STI Index (.STI) Regulators urge NSE, SGX to offer an ‘acceptable solution’ India and Singapore regulators intervened to urge two of their squabbling exchanges to come to an “amicable resolution,” spurring some optimism about an end to a dispute which has left investors without an easy way to hedge risks in one of Asia’s […]
Singapore Dollar: USD/SGD (SGD=X) stabilizing, possible gains toward 1.3745 Economists see Malaysia’s central bank holding its key interest rate steady at 3.25 per cent for the rest of the year, with the possibility of an easing if inflation slows further. Short positions on the Indian rupee and Singapore dollar were also raised to the highest […]
Singapore: STI Index (.STI) Forecast is Upbeat Singapore stocks finished higher on Thursday, with the Straits Times Index gaining 1.77 points or 0.1 per cent to 3,328.6. Losers outnumbered gainers 203 to 173, after about 1.66 billion shares worth S$1.11 billion in total changed hands. The most actively traded counter by volume was QT Vascular, which rose […]
Singapore: STI Index (.STI) Rebounding Strongly The Straits Times Index (STI) ended 1.06 points or 0.03% lower at 3292.65, taking the year-to-date performance to -3.24%. The top active stocks were DBS, which gained 0.62%, Singtel, which declined 0.60%, UOB, which slipped 0.23%, YZJ Shipbldg SGD, which advanced 6.94% and Venture, with a 4.55% fall. The […]
Singapore: STI Index (.STI) down 1% to 3,292.65 Singapore stocks opened flat on Tuesday, with the Straits Times Index increasing just 0.05 per cent or 1.56 points to 3,295.27 as at 9.03am, after currency war fears dampened prospects in the previous session. About 42 million shares worth $106 million in total changed hands as losers […]
Singapore Dollar: USD/SGD (SGD=X) increase in inflationary pressures linked to higher import prices For the June CPI, faster growth in non-cooked food item prices more than offset a slower increase in prepared meal costs, the MAS and MTI noted. The rise pushed food inflation up by 1.5 per cent in June, from 1.3 per cent […]
Singapore: STI Index (.STI) retreating 4.12 points or 0.1 per cent SINGAPORE stocks ended lower on Monday, with the Straits Times Index retreating 4.12 points or 0.1 per cent to 3,293.71. Losers outnumbered gainers 200 to 191, with about 1.66 billion shares worth S$956.6 million changing hands. The global forecast for the Asian markets is flat to […]
Singapore: STI Index (.STI) Target 3,400.00 Overall, the bias in prices is: Downwards. The projected upper bound is: 3,367.71. The projected lower bound is: 3,217.05. The projected closing price is: 3,292.38. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 7 white candles and […]
Singapore Dollar: USD/SGD (SGD=X) Target 1.36 Overall, the bias in prices is: Upwards. The projected upper bound is: 1.38. The projected lower bound is: 1.36. The projected closing price is: 1.37. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 6 white candles and […]
Singapore: STI Index (.STI) Extends Gains The Stock Exchange of Thailand closed at a one-month high, while Singapore shares marked its highest close in over three weeks on Thursday. A robust effort from United States markets overnight helped local shares bounce back from Wednesday’s flat finish to end higher yesterday. The Straits Times Index advanced […]
Singapore: STI Index (.STI) Slightly Extends Gains Regulators in Singapore are looking to ramp up targeted measures against financial crime, including tapping data analytics and boosting information sharing with financial institutions, said an official from the Monetary Authority of Singapore (MAS) on Wednesday morning. The Cyber Security Agency of Singapore (CSA) and the Financial Services […]
Singapore: STI Index (.STI) A key focus now: how firms are weathering trade disputes The Straits Times Index (STI) ended 6.85 points or 0.21% higher at 3239.64, taking the year-to-date performance to -4.80%. The top active stocks today were DBS, which gained 0.54%, Venture, which gained 3.53%, OCBC Bank, which declined 0.18%, UOB, which declined […]
Singapore Dollar: USD/SGD (SGD=X) Upside pressure from a weakened Singapore economy Asian currencies were a mixed bag at the start of the new week, with KRW (-0.50%) leading the losses given a bleak economic outlook and risks from the global trade war underscored by officials. INR (-0.21%) was down due to the surge in its […]
Singapore: STI Index (.STI) higher in back-to-back trading days The Singapore stock market has moved higher in back-to-back trading days, gathering more than 40 points or 1.2 percent along the way. The Straits Times Index now rests just above the 3,260-point plateau and it’s expected to open in the green again on Monday. The global […]
Singapore: Heffx Issues a Buy Rating on STI Index (.STI) Singapore has moved up two spots to place fifth in this year’s Global Innovation Index, while remaining top of the list among countries in South-east Asia, East Asia and Oceania. Singapore remained top of the class for government effectiveness, regulatory quality and foreign direct investment […]
Singapore Dollar: It’s Time to Own USD/SGD (SGD=X) Yen, Swiss franc, Singapore dollar and the greenback top picks Emerging market FX seen struggling; Kiwi worst G10 performer If a U.S. or global recession is looming, it’s time to own the Swiss franc, Singapore dollar, U.S. dollar and Japanese yen — and ditch emerging market currencies, […]
Singapore: STI Index (.STI) Target 3350.00 THE storm of uncertainties, ranging from US-China trade tariffs to the recent tumbles in the local equity market, have made it more difficult to predict the outlook for local equities, but analysts are mixed on what the second half could bring. At the start of the year, many were […]
Singapore Dollar: USD/SGD (SGD=X) Highlights Asian currencies are seeing some weaknesses on Wednesday, led by CNH (-0.36%), KRW (-0.33%), CNY (-0.33%), THB (-0.29%), TWD (-0.22%), IDR (-0.15%), SGD (-0.13%), MYR (-0.12%), PHP (-0.08%). Markets started getting concerned about trade once again, as China is said to plan countermeasures to US’s proposed 2nd round tariffs. INR […]
Singapore: STI Index (.STI) now the most innovative country outside of Europe Singapore has moved up two notches to be the fifth most innovative country amongst 126 nations in the Global Innovation Index (GII) 2018 report. Retaining its top spot as the most innovative country in Asia, the Republic is ranked just behind European innovation […]
Singapore: STI Index (.STI) up 1.4% on Tuesday SINGAPORE shares closed higher on Tuesday, with the Straits Times Index (STI) up 1.4 per cent or 46.01 points to 3,274.83. About 2.4 billion shares worth S$1.45 billion in total changed hands as gainers outnumbered losers 271 to 131. The most actively traded stock was Ezion, which finished […]
Singapore: USD/SGD (SGD=X) high-cost of living felt by them is all inside their ‘heads’ In Parliament today (10 Jul), Trade and Industry Minister Chan Chun Sing distributed charts to MPs in the House, showing that the overall inflation rate has been lower in the last 5 years from 2012 to 2017 compared to that of the previous […]
Singapore: STI Index (.STI) Rallies from 14 Month Low SINGAPORE shares closed higher on Monday, with the Straits Times Index (STI) up 1.2 per cent or 37 points to 3,228.82, and above the psychological 3,200 support level. The STI closed at 3,191.82 on Friday – the lowest the index has faired in the year – […]
Singapore Dollar: USD/SGD (SGD=X) Will be the Best Performers in a Recession Yen, francs, and Singapore dollars are the three currencies that Morgan Stanley believes will be the best performers in a recession… I guess Morgan Stanley believes in the so-called safe havens and then throws in Singapore dollars. TRADE WAR: There were few developments […]
Boom Time in Singapore: Temasek Report Monster Portfolio Singapore state investor Temasek Holdings is likely to book a record S$300bn ($221bn) for the value of its portfolio, powered by gains in DBS Group and Chinese banks, while it steps up investment in tech startups. Temasek is a global investment company headquartered in Singapore. They are […]
Losses May Accelerate For Singapore STI Index (.STI) Stock Market Most Southeast Asian stock markets fell on Wednesday tracking Asian peers on caution ahead of the Friday deadline for further U.S. tariffs on China, with Philippine shares snapping a three-session gaining streak on profit-taking. The Philippine index fell 0.4 percent as investors booked profits in […]
USD/SGD (SGD=X) Target 1.38 Overall, the bias in prices is: Upwards. By the way, prices are vulnerable to a correction towards 1.35. The projected upper bound is: 1.38. The projected lower bound is: 1.35. The projected closing price is: 1.37. Candlesticks A white body occurred (because prices closed higher than they opened). During the past […]
Singapore: STI Index (.STI) shares open higher on Tuesday SINGAPORE stocks opened higher on Tuesday, with the Straits Times Index advancing 8.08 points, or 0.2 per cent to 3,247.02 as at 9.02am. This comes after US stocks overcame early declines to rise higher overnight, starting the year’s third quarter on a positive note, largely thanks to a […]
USD/SGD (SGD=X) vulnerable to a correction towards 1.35 Overall, the bias in prices is: Upwards. By the way, prices are vulnerable to a correction towards 1.35. The projected upper bound is: 1.38. The projected lower bound is: 1.35. The projected closing price is: 1.37. Candlesticks A white body occurred (because prices closed higher than they […]
Singapore: STI Index (.STI) manufacturing expansion eases in June SINGAPORE’S manufacturing activity continued to expand in June but at a slowing pace, with the Purchasing Managers’ Index (PMI) down a marginal 0.2 point to 52.5. This was the third straight month of deceleration, although conditions remained expansionary for the 22nd straight month. The PMI is […]
USD/SGD (SGD=X) now 4th most expensive city in the world for expats SINGAPORE is now the fourth most expensive city for expatriates, having moved up one spot from last year’s ranking, according to the latest Cost of Living Survey published by global HR consulting firm, Mercer. Hong Kong tops the table as the world’s costliest […]
Singapore: STI Index (.STI) Clash of the Trade Titans Japan’s Prime Minister Shinzo Abe on Sunday called for an early conclusion of a regional trade pact that ensures free and rules-based commerce in the face of an increasingly protectionist United States under President Donald Trump. At a meeting of the Regional Comprehensive Economic Partnership, or […]
DJ Tenashar on Drug Charges in Singapore DJ Tenashar, 32, is in Singapore facing charges for two counts of drug consumption involving cocaine an psilocin, the latter being a substance found in most psychedelic mushrooms. News of her alleged drug-related offences first made the headlines in April 2016 when The New Paper reported that Long […]
Noble Group Singapore on Path to Recovery Noble Group shares surged more than 50 percent Wednesday after the embattled commodities trader sealed a deal with a major investor, paving the way for a debt restructuring. The former stock market darling had been teetering on the brink of collapse after being hammered by plunging commodity prices, […]
Singapore Economic Outlook Enterprise Singapore, a government agency that champions enterprise development, announced on Monday Singapore’s non-oil domestic exports (NODX) grew 15.5 percent year on year in May. Singapore saw the NODX decline by a revised 3.1 percent year on year in March and rebound by 11.8 percent in April. The agency attributes the NODX […]
Noble Vici Group, Inc OTCMKTS:NVGID 1000 to 1 Reverse Split Noble Vici Group Inc. (OTC: NVGI), a company that is focused on harnessing the opportunities in the digital revolution of IoT, Big Data, Blockchain and E-commerce, today announced that it has received from FINRA its confirmation to process its application for Reverse Stock Split application. […]
President Trump ‘Suspended Indefinitely’ Major US Military Exercises with SKorea As of Thursday, the US military has indefinitely postponed major joint exercises with SKorea acting on US President Donald Trump’s pledge to halt the “provocative” military drills following his summit with NKorea’s Chairman Kim Jong Un. The move, a significant break in how the US and […]
The US is hoping to achieve “major” North Korean nuclear disarmament within 2.5 years, US Secretary of State Mike Pompeo has announced. It comes just one day after President Donald Trump’s historic meeting with Kim Jong-un. Pompeo said he will be playing the lead role when it comes to ensuring progress with Pyongyang, and added […]
VenVici Singapore’s Crowdsourcing Specialist VenVici is a crowdsourcing specialist company that uses a proprietary system called ‘Affiliate Incentivized Marketing’ (AIM) to promote products. AIM combines the efficiency of ‘Affiliate Marketing’ with the effectiveness of ‘Incentive Marketing’ – this reinvented business model is unprecedented globally. In Affiliate Marketing, the advertising dollar is paid out to affiliates […]
U.S. President Donald Trump and North Korean leader Kim Jong-un kicked off their historic meeting in Singapore on Tuesday by shaking hands and posing for photographers. The two leaders exchanged words in front of a row of the two countries’ flags displayed at the Capella Hotel on Sentosa Island. They then walked down a colonnade […]
In 2018, the $1 million Group 1 Patron’s Bowl will be renamed as the Charity Bowl. All other details of the race will remain unchanged, with the 1,600m race still run as the second Leg of the Singapore Four-Year-Old Challenge on Sunday, 24 June 2018 at the Singapore Racecourse. 2018 is a significant milestone for […]
Modern data-driven culture has advanced many industries including recruitment, professional services and the way we conduct business, but expect even further advancements as Profede’s horizontal protocol is capable of disrupting a global market. Blockchain-based Profede enables professional users to gain back control, power, and privacy from the jeopardizing methods which currently exist. Professional users set […]
The US president and North Korea’s Kim Jong-un will finally sit down for a summit on June 12 in Singapore, Donald Trump has stated. The date and venue for the meeting has long been the subject of speculation. “We will both try to make it a very special moment for world peace,” Trump stated. Speculation […]
Ferrari (NYSE:RACE) ‘Pops Up’ in Singapore $RACE Ferrari’s (NYSE:RACE) Inaugural regional pop-up showcase kicks off at the ION Orchard atrium, with the Ferrari Portofino and GTC4Lusso available for public viewing. Ferrari’s newest model, the Ferrari Portofino, will be on display from 5 to 13 May, exclusively at the iconic luxury automotive brand’s inaugural pop-up showcase held at the […]
A letter released from a group called The Convening Shareholders has raised serious doubts about the future of CellOs. Douglas Reid has resigned as company secretary of Cellos. The letter from The Convening Shareholders asks a series of questions that I have actually asked previously, when I did company supporters did not answer any of […]
People are Asking, “Is there more trade pressure coming against China?” Clearly, US President Trump believes that his Administration’s trade threats against China are working and now there is talk of plans to focus on new tariffs and possible blocks to Chinese tech investment in the US. According to an article Thursday in the WS-J, siting […]
CellOs Singapore Swims in Scandal It appears now CellOs is fighting a war on many fronts, an expensive and time consuming exercise that may impact the future of the company. According to a letter to Shareholders sent out today the board of CellOs is at war not only with Huber but also Peck, but now […]
President Trump, “US Technology is Not for Sale” $QCOM, $AVGO With President Trumps rejection of Broadcom Ltd.’s(NASDAQ:AVCO) hostile takeover of Qualcomm Inc., (NASDAQ:QCOM) he sent a clear signal to overseas investors: Any deal that could give China an edge in Key technology will be rejected in the name of national security. Broadcom is based in […]
Singapore Horse Racing Preview for Friday Night There is a 9 race card tonight at Singapore’s Kranji Racecourse, Knightsbridge take a look at the potential winners. RACE 1: CLASS 5 – 1200M COURSE B (LC) (TURF TRACK) TIME: 18:20 PRIZE MONEY: S$20000 As usual in Singapore on Friday’s the 1st race is a lottery, some […]