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Posted on June 11, 2020

Fed will ‘keep foot on the gas’ until jobs return: Bank of Singapore

Bank of Singapore’s Gareth Nicholson largely concurs with the U.S. Federal Reserve’s dovish stance and suggests high-yield products as a possible investment play given the current rates environment.

( read original story …)



Posted on June 11, 2020

Chinese Metals Giant Cuts Oil Team in Singapore After Few Months

Amer International Group Co., the Chinese metals giant founded by copper tycoon Wang Wenyin, laid off the two employees it hired this year to set up an oil trading desk in Singapore, according to …

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Posted on June 11, 2020

Oil Traders Lose Asian Forum as Singapore Event Goes Virtual

Fortunes have been made — and lost — in the oil market this year on an unprecedented scale, but it looks like the world’s traders will have to forgo their last chance to get together and celebrate …

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Posted on June 11, 2020

TCS to Launch Digital Acceleration Centre in Singapore

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organisation, has announced plans to launch a Digital Acceleration Centre (DAC) …

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Posted on June 11, 2020

Singapore shares lead Asia lower as Fed outlook weighs on optimism

Led by Singapore, shares in Asia’s emerging markets slipped on Thursday, as the U.S. Federal Reserve’s forecasts dented hopes that economies would recover more strongly once lockdowns introduced to …

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Posted on June 11, 2020

Citi Adds Hong Kong, Singapore Shares on ‘New Business Cycle’

More traditional companies in Hong Kong and Singapore are set to benefit from a “new business cycle” globally as their economies recover from the pandemic, according to Citigroup Inc.’s …

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Posted on June 11, 2020

Renewed Consolidation Predicted For Singapore Shares

Volume was 1.63 billion shares worth 1.54 billion Singapore dollars. There were 268 gainers and 196 decliners. Among the actives, SATS surged 2.74 percent, while SembCorp Industries plunged 2.39 …

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Posted on June 10, 2020

Singapore business sentiment picks up from Q2 low

Business sentiment among companies in Singapore on what their positions will be in the third quarter of this year improved slightly from their record-low sentiments about the second quarter, on the …

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Posted on June 10, 2020

Still gloomy but business sentiment in Singapore edges up from record low on economy’s reopening

Business sentiment among firms in Singapore for the third quarter of this year improved slightly from a record low due to the economy’s gradual reopening, but the outlook stayed murky on all the …

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Posted on June 10, 2020

Tiny Singapore Replaces U.S. as India’s Top Market for Engineering Exports

India’s overall engineering exports, comprising industrial machinery and auto parts, constitute nearly a quarter of total goods exports, contracting in April and May due to the coronavirus and weak …

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