Singapore shares fall on Friday, down 1.7% on the week
IT WAS another topsy-turvy week of trading in Asia, with the focus still on global recessionary concerns and trade disputes - even as strong US retail sales data for July may have eased worries on Wall Street.
Singapore shares fall on Friday, down 1.7% on the week
THE Straits Times Index (STI) continued to trend downward, though the index ate away at a one per cent opening loss to close at 3,115.03, down 11.06 points or 0.4 per cent.
Singapore stocks: STI resumes Friday afternoon at 3,102.16, down 0.8% on day
ENCOURAGING US retail sales data may have eased worries on Wall Street after recent US yield curve inversions but sentiment in the local market remained risk-off on global recessionary concerns and stubborn trade disputes.
STI stocks hurtling towards year's lows with August mauling
AUGUST, traditionally a weak month for Singapore equities, is panning out worse than expected, with the index down 5.3 per cent this month.
YZJ dives a further 17% after trading resumes
THE selloff on Yangzijiang Shipbuilding stock showed little signs of easing on Thursday following the lifting of a trading halt that was instituted on Aug 8 .
Global recession fears spook Asia markets
INVESTMENT sentiment continues to seesaw since US President Donald Trump declared tariffs on remaining Chinese imports. But on Thursday, investors in Asia appeared mostly concerned over global recession fears, thanks to a brief US yield curve inversion of the US 10-year and two-year treasury...
Singapore shares drop 0.7% on Thursday as global recession fears grow
IN a mirror image of Tuesday's performance, the local benchmark trimmed away at early losses to finish at 3,126.09, down 21.51 points or 0.7 per cent.
Singapore stocks: STI resumes Thursday afternoon at 3,100.36, down 1.5% on day
SINGAPORE shares skidded on Thursday along with markets in Asia after an inversion of the US yield curve during Wednesday's session on Wall Street stoked recession fears, already heightened by dismal economic data from China, Germany and the eurozone
Hot Stock: Yangzijiang shares down 14%, at 2.5-year low
A SELLOFF in Yangzijiang Shipbuilding stock resumed on Thursday morning after the lifting of a trading halt which had been in place since August 8, when shares dived by as much as 20 per cent, triggering a query from the Singapore Exchange.
Wall St gains offer Asia-Pac reprieve
A WEEK and half has passed since US President Donald Trump caught many off-guard by declaring tariffs on the rest of China's imports to the United States.
Singapore shares close flat after bright start on Wednesday
SINGAPORE equities got off to a bright start, opening 0.8 per cent higher as Washington delayed tariffs on some Chinese imports to December but disappointing Chinese economic data meant that the relief rebound eased off as Wednesday's session wore on.
Singapore stocks: STI resumes Wednesday afternoon at 3,156.81, up 0.3% on day
THE local equities market, like its global peers, faced a relief rebound on Wednesday on news that Washington delayed tariffs on certain Chinese imports. While China's data dump for July disappointed, sentiment was little dented for market participants who have had to contend with recent...
Asia-Pacific markets close in sea of red
THE impact of geopolitics on market performance is at times understated - but its effect was clearly felt on Tuesday.
Singapore shares drop 0.7% amid trade war fears, HK protests
THE Straits Times Index (STI) was down by 1 per cent just after opening before ending at 3,146.73, down 22.21 points or 0.7 per cent on Tuesday.
Charging power still a chicken-and-egg gripe for electric fleets
DESPITE plans to drive pollutive petrol and diesel cars into history, electric vehicles (EVs) have still struggled to lose their training wheels.
MAS consultation paper proposes new rules to control market abuse
THE Monetary Authority of Singapore (MAS) is seeking to impose new requirements on Singapore financial institutions (FIs) to improve controls and facilitate investigations in cases of market abuse.
MAS consultation paper sets out new requirements to curb market abuse
THE Monetary Authority of Singapore (MAS) is seeking to impose new requirements on financial institutions (FIs) in Singapore to improve controls and facilitate investigations in market abuse cases.
Corporate earnings to remain the focus in Singapore
IN the local market, the corporate earnings season will continue to hog the limelight this week, with data releases in the periphery.
Investors worry Fed's rate cut might be a one-off
THE US Federal Reserve has surprised few by delivering a 25 basis point cut - its first in 11 years - following its July meeting.
Asian markets ease on Powell's comments
WITH the US Federal Reserve's rate cut of 25 basis points announced following its July meeting, markets got what they expected. Afterall, markets globally have, in the two months leading up to Wednesday's meeting, already priced in this rate cut.
Singapore shares fall 0.3% on Thursday after Fed commits to rate cut
SINGAPORE'S Straits Times Index (STI) closed at 3,291.75, down 9.00 points or 0.3 per cent on Thursday.
Singapore stocks: STI resumes Thursday afternoon down 0.1% at 3,296.91
THE local market, like its regional counterparts traded lower following the US Federal Reserve's unsurprising 25 basis point interest rate cut.
Market slumps on afternoon sell-off
AHEAD of the US Federal Reserve's July rate decision, investors in the local market exited positions in a session that saw the Straits Times Index (STI) slide 49.79 points or 1.5 per cent to end July at 3,300.75.
Singapore shares slump 1.5% on afternoon session sell-off
THE Straits Times Index (STI) slide 49.79 points or 1.5 per cent to end July at 3,300.75
Singapore stocks: STI resumes Wednesday afternoon down 0.3% at 3,340.21
US-CHINA trade talks may be underway, but US President Donald Trump's comments on trade kept expectations of progress between the two economies at bay ahead of the Federal Reserve’s anticipated rate cut.