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Bonds in high demand
Bonds have long been seen as a conservative investment, but sophisticated investors have been piling in because of still low interest rates and the strong Singapore dollar.They like the higher interest...
View ArticleChina eases rules for some foreign investors
BEIJING - China is scrapping legal and financing curbs on some foreigners investing in businesses outside the banking industry, the trade ministry said on Tuesday. As part of sweeping financial reforms...
View ArticleSingapore to launch gold contract as Asia eyes price alternatives
SINGAPORE - Singapore is set to announce the launch of a gold futures contract on Wednesday, two sources familiar with the matter said, joining a race in Asia to provide a viable alternative to the...
View ArticleSingapore unveils new liquidity rules for banks
SINGAPORE - Singapore is to bring in new rules to ensure all banks operating in the city-state have enough liquid assets to withstand a sudden shock to the financial system, falling in line with the...
View ArticleAdidas confirms goal for 2 billion euros football sales
HERZOGENAURACH, Germany - German sportswear firm Adidas expects to meet its target for 2 billion euros (S$3.37 billion) of football sales this year as the World Cup fires demand for its shirts, boots...
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Editorial: Turning around disengaged workers
Seasoned workers who quit and leave are common to all organisations. But not as inevitable are the vast swathes of employees who quit and stay. This is one way of describing the Singaporeans who say...
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Downside to Fed's upbeat assessment
Under its new chairman Janet Yellen, the United States' central bank is gaining a reputation for market-friendly monthly meetings on monetary policy.The Federal Reserve's most recent meeting last...
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Tarnished: Metal financing scam in China spooks lenders
Worries about a widening scandal over a metal financing scam in China are causing Singapore banks doing business there to turn more cautious about their checks and balances.Banks are paying more...
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Tough times for brokers as trades slow, commissions fall
SINGAPORE- Singapore remisier Jimmy Ho remembers the good old days of stock trading when the action came thick and fast and the cash was free-flowing."It was very good. You'd answer the phone with your...
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High-flier going places even after retirement
She might have far fewer professional commitments nowadays but retirement has not seen former corporate high-flier Low Sin Leng put her feet up in front of the television screen.Ms Low, 62, stepped...
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Raising the bar for advisers on takeovers
As far as many minority shareholders are concerned, it's a case of thanks, but no thanks, when independent financial advisers (IFA) weigh in on takeover offers.Boards of directors of a target firm must...
View ArticleArken founder turns childhood dream into reality
A childhood interest in electronics led to Kavipat Laohasiri building a successful business.Kavipat, 28, is director and founder of Arken Global Co, a creator and distributor of premium gadgets.Setting...
View ArticleDollar moves narrowly in Asia trade
TOKYO- The dollar held up against the yen and euro in Asia on Wednesday as dealers await the release of key US data later in the week.The greenback was changing hands at 101.92 yen (S$1.25) in Tokyo...
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Singapore, Russia sign MOUs for greater cooperation
Singapore's Senior Minister of State for Trade and Industry and National Development Lee Yi Shyan signed a protocol agreement with Russia to continue expanding cooperation between Singapore and St...
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Singapore's gold futures contract on SGX to start trading Sept: Minister
The world's first exchange-traded, wholesale 25 kilobar gold contract, to be listed on the Singapore Exchange, is scheduled to start trading as early as September 2014, Lim Hng Kiang, Minister for...
View ArticleChina’s plane demand surges but bumpy ride ahead
SHANGHAI - Already Asia's biggest aircraft buyer, China is developing its own passenger planes and building scores of airports but its aviation expansion faces turbulence from slowing growth and...
View ArticleAsia shares slip on profit-taking after Wall St losses
HONG KONG - Asian stock markets slipped Wednesday following the previous day's gains, with investors taking their lead from losses on Wall Street as the dollar edged down against the yen.US oil prices...
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Tanjong Katong shophouse up for sale
A freehold corner conservation shophouse in the Tanjong Katong Conservation Area has been put up for sale in a public tender with an indicative asking price of $8.38 million.The two-storey property at...
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Private bank sued over transfer of shares
A foreign bank with a branch in Singapore has been accused of mishandling a client's shares after it allegedly failed to follow instructions.Telemedia Pacific Group is seeking to recover 225 million...
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Inflation rises to 14-month high
Inflation last month hit its highest level since March last year, driven primarily by fluctuations in car prices.The consumer price index rose 2.7 per cent last month, up from 2.5 per cent in April,...
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