Search Results for: Singapore
Oil clings to gains as stockpiles rise for seventh week
February 24th, 2017
Oil prices held gains on Friday on data showing U.S. stockpiles rose for a seventh straight week but at a pace that was well below expectations, and news of oil being sold out of storage in Southeast Asia. U.S. ...
Asia Stocks Slump as Dovish Fed Minutes Spur Yen: Markets Wrap
February 23rd, 2017
S&P 500 falls for second time in 11 sessions after record high Yen strengthens, dollar higher against most other major peers Asian equities followed U.S. stocks lower, with Japanese shares slipping after minutes from the Federal Reserve’s latest meeting ...
Crude oil rises after report shows drop in stockpiles
February 23rd, 2017
Oil futures climbed nearly 1 percent on Thursday after data showed a surprise decline in U.S. crude stocks as imports fell, supporting the view that a global glut is ending. The U.S. West Texas Intermediate crude April contract CLc1 ...
Ex-Forex Traders jailed for false trades
February 22nd, 2017
Ex-Deutsche Bank trader Toh sentenced to eight weeks Former HSBC senior dealer Chng handed 15-week sentence Two former currency traders from Deutsche Bank AG and HSBC Holdings Plc were sentenced to jail terms of as long as 15 weeks ...
Asia Stocks Gain Even as Topix Swings, Yen Rises: Markets Wrap
February 22nd, 2017
U.S. currency slipped earlier on Fed official’s rates comment Chinese shares in Hong Kong resume rally; oil extends gains Asian stocks rose as markets from Hong Kong to Singapore followed a rally in the U.S. The dollar pared earlier ...
HSBC announced 2016 Results; $1.0bn share buy-back
February 21st, 2017
Strategic execution Completed a $2.5bn share buy-back following the sale of the Brazil business Further reduced our risk-weighted assets (‘RWAs’) during 2016 by $143bn as a result of extensive management actions, including the sale of operations in Brazil Generated ...
DBS to hire 100 developers via first-of-its-kind hackathon
February 20th, 2017
DBS today announced plans to hire 100 developers skilled in emerging and disruptive technologies, as it ups the ante on reimagining banking. The new jobs will help DBS cement its position as a leading digital bank. Taking an innovative ...
SGX consults public on dual class share structure
February 20th, 2017
Singapore Exchange (SGX) is consulting the public on whether a dual class share (DCS) structure where certain shares have higher voting rights than others, should be introduced and if so, what safeguards might be appropriate. DCS structures may be ...
Asia Shares Gain as Yen Weakens; Unilever in Focus: Markets Wrap
February 20th, 2017
Kraft Heinz withdraws its $143 billion bid for Unilever U.S. stock and bond markets closed Monday for President’s Day Asian stocks rose, as Tokyo shares erased morning losses after the yen weakened and Hong Kong equities resumed a rally. ...
UAE among top 20 countries for entrepreneurs, says Ashish Thakkar
February 17th, 2017
The UAE ranks among the world’s top 20 nations offering the best environment for entrepreneurs, according to a report by Mara Foundation and Opinium Research. The inaugural Ashish J Thakkar Global Entrepreneurship Index measures entrepreneurial environments around the world ...
