Prashant Bhayani of BNP Paribas discusses how investors should approach Singapore banks, given the country’s extension of “circuit breaker” measures and their exposure to plunging oil prices.
Singapore Bourse Predicted To Halt Losing Streak
(RTTNews) – The Singapore stock market has moved lower in three straight sessions, sinking almost 65 points or 2.5 percent along the way. The Straits Times Index remains just above the 2,550-point …
China’s Sinopec in talks to buy stake in Hin Leong’s Singapore terminal: Sources
Chinese state energy company Sinopec is in early-stage talks with Hin Leong Trading Pte Ltd to buy a stake in an oil storage terminal that is partly owned by the Singapore trader, according to three …
Is Singapore ETF in Trouble Amid Surging Coronavirus Cases?
The coronavirus pandemic has infected more than 2.5 million globally. The outbreak has also resulted in a death toll of at least a glaring 177,000 worldwide. Singapore, which was being appreciated for …
Singapore Oil Trading Billionaire Admits Hiding Huge Futures Losses
These have not been sunny days in Singapore. The Lion City has seen cases of Covid-19 surge to 10,141 as of Wednesday after it did an excellent job of containing the early outbreak of the disease. It …
Singapore Built a Coronavirus App, but It Hasn’t Worked So Far
As governments race to roll out contact-tracing apps to fight the pandemic, including an Apple-Google effort in the U.S., an early experiment in Singapore faces a big hurdle: getting people to sign up …
U.S. Deaths Earlier Than Thought; Singapore Surge: Virus Update
The coronavirus caused two deaths in California in early and mid-February, suggesting the pathogen was circulating in the U.S. weeks earlier than health officials thought. Singapore reported more than …
Singapore Tops 10,000 Virus Cases As Worker Infections Rise
The total number of coronavirus cases in Singapore exceeded 10,000 on Wednesday as infections among migrant workers living in dormitories continued to surge.
Coronavirus live updates: Total cases in Singapore top 10,000; new cases in Germany jump by 2,237
China’s National Health Commission said there were 30 new confirmed cases as of April 21, and no new deaths were reported for the seventh straight day.
Hit by coronavirus? Come clean, Singapore bourse tells companies
If issuers do not come clean, investors will assume the worst. In today’s market, the consequences of late or poor-quality disclosure could be dire,” he said. With more than 2.54 million cases …