Singapore

Bahrain’s sovereign wealth fund to invest in Singapore Gulf Bank
Bahrain’s sovereign wealth fund to invest in Singapore Gulf Bank
BAHRAIN’S sovereign wealth fund Mumtalakat is investing in Whampoa Group’s Singapore Gulf Bank (SGB). The investment will enable SGB to launch and grow its business in Bahrain, said Mumtalakat...
Cut-off yield on latest Singapore 6-month T-bill rises to 3.8%
Cut-off yield on latest Singapore 6-month T-bill rises to 3.8%
Yields on the bills are determined via competitive auctions in a market that comprises individuals and institutions from Singapore and overseas, and therefore reflect the general level and direction...
Singapore shares rise at Thursday’s open; STI up 0.2%
Singapore shares rise at Thursday’s open; STI up 0.2%
SINGAPORE shares rose at the opening bell on Thursday (Feb 29) morning, despite overnight losses in global markets. The Straits Times Index (STI) gained 0.2 per cent or 6.36...
Singapore stocks close lower as investor optimism wanes, STI down 0.6%
Singapore stocks close lower as investor optimism wanes, STI down 0.6%
LOCAL shares ended Wednesday (Feb 28) lower, as investors opted for more caution ahead of a slew of critical macroeconomic data, including the Federal Reserve’s preferred inflation gauge –...
Glencore eyes Shell Singapore assets as Cnooc pulls out: sources
Glencore eyes Shell Singapore assets as Cnooc pulls out: sources
SWISS miner and commodities trader Glencore is looking at buying Shell’s oil refinery and petrochemical units in Singapore as the oil major seeks a buyer for the sites after...
Glencore eyes Shell Singapore assets as Cnooc pulls out: sources
Glencore eyes Shell Singapore assets as Cnooc pulls out: sources
SWISS miner and commodities trader Glencore is looking at buying Shell’s oil refinery and petrochemical units in Singapore as the oil major seeks a buyer for the sites after...
Singapore shares fall at Wednesday’s open; STI down 0.3%
Singapore shares fall at Wednesday’s open; STI down 0.3%
SINGAPORE shares fell at the opening bell on Wednesday (Feb 28) morning, after a mixed performance in global markets. The Straits Times Index (STI) fell 0.3 per cent or 9.23...
Singapore stocks close lower as traders eye macro data, STI down 0.4%
Singapore stocks close lower as traders eye macro data, STI down 0.4%
SINGAPORE shares ended Tuesday (Feb 27) in the red, against a mixed bag of results in other regional stock markets, as investors waited for the release of a slew...
PepsiCo, IBM sell bonds through Singapore to reap tax benefit
PepsiCo, IBM sell bonds through Singapore to reap tax benefit
A POTENTIAL tax benefit is spurring United States companies including PepsiCo and International Business Machines (IBM) to sell bonds through their Singapore subsidiaries, fuelling a record surge of sales...
PepsiCo, IBM sell bonds through Singapore to reap tax benefit
PepsiCo, IBM sell bonds through Singapore to reap tax benefit
A POTENTIAL tax benefit is spurring United States companies including PepsiCo and International Business Machines (IBM) to sell bonds through their Singapore subsidiaries, fuelling a record surge of sales...