Derivatives trading spikes as investors embrace risk in volatile markets

BROKERAGES are seeing a surge in the use of derivatives in uncertain times - a trend that they say reflects a lift in sophistication of retail investors here. But the risks of losses on these products are also higher, and the products are sometimes not well understood.

GE2020 Results

Amid a record turnout, the People's Action Party ended the night with 83 out of 93 seats, with the remaining 10 going to The Workers' Party.

GE2020: Latest sample count results

THE Elections Department (ELD) will be announcing sample counts for each constituency at this year’s General Election (GE) to give the public an early indication of the final polling results. 

GE2020

Election by the numbers

Social media platforms have been abuzz with virtual campaigning efforts as polling day draws close, taking the place of physical rallies that were among highlights of past elections in pre-pandemic times.

Blue-chip gains push Singapore market cap higher in June

SINGAPORE'S stock market value bounced back in June, led by gains among blue-chips stocks.

Stamford Land refutes report that its Melbourne hotel was behind 29 Covid-19 cases

MAINBOARD-listed Stamford Land on Wednesday refuted a report by Australia's national news outlet ABC News, which alleged that Stamford Plaza Melbourne (SPM) hotel was, as of Tuesday, responsible for a total of 29 Covid-19 cases.

STOCKS

Singapore shares rise on better economic data, STI up 0.6%

SINGAPORE shares ended in positive territory on Tuesday, tracking Wall Street's overnight gains on the back of better-than-expected economic data.

GE2020

The battleground

All 93 seats in 31 constituencies will be contested for the July 10 General Election.

Singapore shares rise on better economic data, STI up 0.6%

SINGAPORE shares ended in positive territory on Tuesday, tracking Wall Street’s overnight gains on the back of better-than-expected economic data.

STOCKS

New Covid-19 infections weigh on markets, STI down 1.2%

SINGAPORE shares fell alongside most Asian equity markets on Monday following a resurgence of Covid-19 infections, notably in the United States.

AEM unaffected by Apple's move to drop Intel: DBS

APPLE'S move to drop semiconductor giant Intel Corporation's chips for future Macs is unlikely to put a dent on AEM Holdings' business.

New Covid-19 infections weigh on markets, STI down 1.2%

SINGAPORE shares fell alongside Asian equity markets on Monday following a resurgence of Covid-19 infections, notably in the United States.

SIA to record S$123.6m one-off charge following NokScoot's likely liquidation

SINGAPORE Airlines announced on Friday that it will record a total one-off charge of S$123.6 million for the first quarter ending June 30, in view of the likely liquidation of NokScoot, a 49-per-cent-owned associated company of Scoot Tigerair.

Moving up the food chain: Have online grocers finally come into their own?

WHEN Singapore raised its Disease Outbreak Response System Condition (Dorscon) level to Orange in February, people flew into a grocery-hoarding frenzy. The usual quick supermarket run turned into a long-drawn ordeal for many, with checkout lanes lined with doomsday preppers grabbing essentials...

Southern Alliance Mining ends 8% up on trading debut

MALAYSIA-BASED iron-ore producer Southern Alliance Mining (SAM) on Friday ended its first day of trading on the Catalist board at S$0.27, 8 per cent above its initial public offering (IPO) price of S$0.25. From the start of trading at 9am till market close, the units traded within a narrow band...

Kimly unit acquires 25% stake in Yishun coffee shop property for S$6.06m

CATALIST-LISTED coffee shop consolidator Kimly announced on Friday that its wholly-owned subsidiary Northstar has acquired a 25 per cent stake in a coffee shop property in Yishun for about S$6.06 million.  

Wee Hur to expand student accommodation business in Australia

WEE Hur Holdings announced on Friday that its purpose-built student accommodation (PBSA) business trust in Australia has, through its wholly-owned sub-trust, acquired properties there for a total consideration of A$46 million (S$44 million).

Oceanus shareholder acquires 'significant stake' from creditor group in married deal

ABALONE producer Oceanus Group announced on Friday that its former major creditor, Ocean Wonder International, no longer owns shares in the group, following the acquisition of a significant stake by its new shareholder group in a married deal.

Hyflux receives letter from potential investor

HYFLUX announced in a regulatory filing on Friday that it has received a letter from Johnny Widjaja, who expressed interest in investing up to S$300 million in the group in the most "expedient manner possible" - including buying up the existing debt of the group.

SIIC Environment expects no material impact to FY2020 financials from Covid-19

MAINBOARD-LISTED water and solid-waste treatment company SIIC Environment Holdings said on Friday that the impact of Covid-19 is not expected to have any material impact on the company's FY2020 financial results. 

ComfortDelGro expects net loss for H1 2020

TRANSPORT giant ComfortDelGro said in regulatory update on Friday that it is expecting to report a net loss for the first half of 2020 on the back of the significant impact of Covid-19 on the company's operations. 

SIA to record S$123.6m one-off charge following NokScoot's 'likelihood of liquidation'

SINGAPORE Airlines announced on Friday that it will record a total one-off charge of S$123.6 million for the first quarter ending June 30,  following the likely liquidation of NokScoot, a 49-per-cent-owned associated company of Scoot Tigerair.

Wee Hur Holdings to expand student accommodation business in Australia

WEE Hur Holdings announced on Friday that its purpose-built student accommodation (PBSA) business trust in Australia has, through its wholly-owned-sub-trust, acquired properties there for a total consideration of A$46 million (S$44 million). 

Kimly's unit acquires 25% stake in Yishun coffeeshop property for S$6.06m

CATALIST-listed coffeeshop consolidator Kimly announced on Friday that its wholly-owned subsidiary Northstar has acquired a 25 per cent stake in a coffeeshop property in Yishun for a consideration of around S$6.06 million. 

Oceanus shareholder acquires 'significant stake' from creditor group in married deal

ABALONE producer Oceanus Group announced on Friday that its former major creditor, Ocean Wonder International, no longer owns shares in the group, following the acquisition of a significant stake by its new shareholder group in a married deal.