SGX hit by loss of most MSCI contracts to HKEx

SINGAPORE Exchange shares were mauled on Wednesday on news that the Hong Kong bourse has struck a deal for a suite of MSCI equity indexes leading to an initial 37 futures and options contracts similar to those offered on SGX.

COMMENTARY

Fiscal firepower notwithstanding, soft landing will still be a challenge

IN April, the Singapore government implemented stringent social distancing measures to stem the transmission of the Covid-19 among residents. The bid to flatten the curve, instead of letting the virus rampage through the city-state, has succeeded in bringing down new infections, relieving some...

VIRUS OUTBREAK

Many merchants, hawkers may not survive another 4-6 weeks of closure

MANY heartland merchants and hawkers may not survive another four to six weeks of closure even with government aid, warned the Federation of Merchants' Associations, Singapore (FMAS), prompting it to make five recommendations to help the ailing sector on Friday.

STOCKS

Singapore stocks continue to slide; SIA takes a beating

SINGAPORE shares continued south on Thursday after the US Federal Reserve chairman Jerome Powell warned that the economic outlook was uncertain and downside risks remained significant.

Singapore stocks drop, SIA takes a beating

SINGAPORE shares continued south on Thursday after the US Federal Reserve chairman Jerome Powell warned that the economic outlook was uncertain and downside risks remained significant.

STOCKS

Singapore stocks slide; MSCI Singapore drops ComfortDelGro, Sats, SCI, SPH

SINGAPORE shares slipped on Wednesday, ahead of an address by the US Federal Reserve Chairman Jerome Powell.

Singapore stocks slip, 4 names dropped by MSCI

THE Straits Times Index (STI) opened at 2,573.71 before settling at 2,572.01, down 15.80 points or 0.61 per cent for the day.

STOCKS

Singapore stocks falter ahead of MSCI reweighting

SINGAPORE shares retraced some of their earlier gains on Tuesday in another sign that the market remains tentative about a smooth return to normalcy amid threats of a second wave of Covid-19 infections and renewed US-China trade tensions.

Singapore stocks falter ahead of MSCI reweighting

SINGAPORE shares retraced some of their earlier gains on Tuesday in another sign that the market remains tentative about a smooth return to normalcy amid threats of a second wave of Covid-19 infections and renewed US-China trade tensions.

HOCK LOCK SIEW

Companies need to come up with convincing plans for post-Covid future

AS THE government aims to loosen movement restrictions, allowing for the gradual reopening of the economy as community transmission of Covid-19 falls, companies should be planning for a post-pandemic world even as they address near-term challenges.

STOCKS

Singapore shares drift up amid continued confusion over SIA value

SINGAPORE shares kicked off the week on a higher note on Monday, mirroring gains on Wall Street as countries prepare to reopen their economies gradually amid the Covid-19 pandemic.

Singapore shares drift up, confusion over SIA value

SINGAPORE shares kicked off the week on a higher note on Monday, mirroring gains on Wall Street as countries prepare to reopen their economies gradually amid the Covid-19 pandemic.

VIRUS OUTBREAK

Covid-19 crisis makes 'going concern' calls more challenging

THE novel coronavirus, or Covid-19, is posing challenges for auditors when judging whether a company can continue trading as a going concern for the next 12 months.

Singapore's graft rate stays low as fight continues despite Covid-19

INVESTIGATIONS of the individuals involved in Keppel Offshore & Marine's (Keppel O&M) corruption scandal, which saw bribes of more than US$50 million grease the hands of officials in Brazil over 13 years in exchange for business deals, are still ongoing.

Fewer corruption-related reports in Singapore last year: CPIB

CORRUPTION levels in Singapore remain firmly under control, with the Corrupt Practices Investigation Bureau (CPIB) receiving 350 corruption-related reports last year, down 2 per cent from the 358 reports received in 2018. 

The post-Covid new world order

WHO would have thought that an unknown virus would be the Black Swan of 2020 that will redefine how we work, play and interact once this global health crisis abates?

SGX Q3 net profit jumps 38% to 13-year high on higher volatility

THE Singapore Exchange (SGX) on Friday reported a 38 per cent jump in its fiscal third quarter net profit to a 13-year high. Trading activity rose across its equity, currency and commodity asset classes, driven by uncertainty caused by the Covid-19 pandemic and the geo-political tensions in the...

HOCK LOCK SIEW

This corporate reporting season will provide a reality check on stock rally

ALTHOUGH the Singapore Exchange (SGX) has made quarterly reporting (QR) voluntary, most companies in the Straits Times Index (STI) have decided to continue with it, which will give investors an opportunity to better assess how much damage the Covid-19 pandemic has inflicted on firms and their...

Generic disclosures ascribed to Covid-19 not good enough: SGX RegCo

ISSUERS should avoid generic statements that they expect their financial results to be materially impacted due to Covid-19 without providing detailed assessment on how their operations would be affected, Tan Boon Gin, chief executive of the Singapore Exchange Regulation (SGX RegCo), said.

SGX could see more than 30% jump in Q3 net profit

SINCE the onslaught of the novel coronavirus, the Singapore Exchange (SGX) has been the most defensive constituent of the Straits Times Index (STI).

Corporate boards must deal with new cyber risks as more work from home: expert

THE Covid-19 pandemic has forced many people to work from home, creating new challenges and risks for corporate boards to handle, warned Richard Sheath, director of Independent Audit.

HOCK LOCK SIEW

SGX has come a long way since Barings debacle

TWENTY-FIVE years ago, Nick Leeson, a 28-year-old head of derivatives at Barings Bank in Singapore, made more than US$1 billion in unhedged, unauthorised speculative trades, eliminating the merchant bank's cash reserves.

COMMENTARY

S-Reits themselves in need of some lifelines

BEFORE the Covid-19 pandemic dealt a devastating blow to the Singapore economy, real estate investment trusts (Reits) were already suffering from a bad-boy image as far as their tenants were concerned.

VIRUS OUTBREAK

SGX Regco suspends new entries to watch list; expedites fund raising

SINGAPORE Exchange Regulation (SGX RegCo) will suspend entry into its financial watch-list and give expedited clearance to fund-raising efforts by mainboard issuers.

SGX suspends watch-list entry, raises share issue limit

SINGAPORE Exchange Regulation (SGX RegCo) will suspend entry into its financial watch-list and enable faster fund raising efforts in light of the difficult economic climate during the Covid-19 outbreak.