Singapore stocks ended slightly lower on Tuesday, dragged down by lenders such as DBS Group Holdings even as trading across Asia was positive as Japan, Korea markets reopened after holidays.
Singapore stocks edged lower on Tuesday, dragged down by lenders such as DBS Group Holdings while trading across Asia was positive as Japan, Korea markets reopened after holidays.
When investors think of safe havens, the most obvious options that come to their mind are gold, treasuries or certain currencies such as the yen and Swiss franc.
The Monetary Authority of Singapore is looking at the issues Standard Chartered is under investigation for and will take firm action against any financial institution that breaches money laundering rules, Financial Times reported.
A quick look at all the market moving events and big financial news of the day. From City Developments' offer for Millennium & Copthorne Hotels to Sembcorp Marine's sale of rigs, get your daily dose of all the latest in the world of business right here.
Singapore stocks ended little changed on Monday as investors took a back-seat after the index posted its best weekly advance since January in the previous session.
Property developer City Developments on Monday offered to buy the remaining shares in its London-listed hotel arm Millennium & Copthorne (M&C) Hotels for 1.8 billion pounds ($2.35 billion).
Singapore stocks edged lower on Monday as investors took a back-seat after the index posted its best weekly advance since January in the previous session.
Global Logistic Properties (GLP), which was bought by a Chinese consortium for S$16 billion, said on Monday it received SGX approval to delist the company by April 14, 2018.
Singapore conglomerate Keppel Corp said it received an eligibility-to-list letter from the SGX for the proposed initial public offering of a U.S. commercial real estate investment trust on the mainboard.