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Asian markets close mixed as trade deal cheer fades

18 Jan 2020 - The Business Times
POSITIVE economic data from the US and China struggled to keep sentiment afloat on Friday as trade deal exuberance largely wore off, with Asian equities closing the day mixed. Markets that ended higher included Hong Kong, Japan and Australia. South Korea's KOSPI and China's Shanghai... To continue reading ...
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BreadTalk shares fall 8% on net loss warning for FY2019

18 Jan 2020 - The Business Times
Singapore SHARES of BreadTalk Group fell 8 per cent just half an hour after the market opened on Friday after the company warned of a fiscal 2019 net loss on Thursday after trading hours. The mainboard-listed food and beverage player saw its share price drop 5.5 Singapore cents to... To continue reading ...
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BitDeer.com Announces 2020 Lunar New Year Event with New Mining Plans and Rebates

17 Jan 2020 - ACN Newswire
BitDeer.com, the world's leading computing power sharing platform, is launching its annual Lunar Giveaway Event. From Jan 17, 12:00 - Feb 1, 00:00 (UTC+8), $10 Million Red Envelopes and Free Computing Power Plans become available for BitDeer's loyal user-base just before the Chinese Lunar New Year celebrations.During ...
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Morgan Stanley plans to hire dozens for Asia wealth buildup

17 Jan 2020 - The Edge Markets
SINGAPORE (Jan 17): Morgan Stanley plans to add dozens of staff at its wealth business in Hong Kong and Singapore this year, signaling its confidence in the world’s fastest-growing region when it comes to minting millionaires. The New York-based bank is looking to add 30 to 35 private bankers in the ...

Tritech Group secures $6.8 mil contract from PUB to install dam monitoring instruments in reservoirs

17 Jan 2020 - The Edge Markets
SINGAPORE (Jan 17): Specialist engineering services company Tritech Group has bagged a contract worth $6.8 million from the Public Utilities Board (PUB). In a regulatory filing on Friday, the group says that the contract, which was secured by its wholly-owned subsidiary Tritech Engineering and Testing, ...
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Singapore shares edge up 0.1%, gain 0.8% on the week

17 Jan 2020 - The Business Times
POSITIVE economic data from the US and China struggled to keep sentiment afloat on Friday as trade deal exuberance largely wore off, with Asia-Pacific equities closing the day mixed. Markets that ended higher include Hong Kong, Japan and Australia. South Korea's KOSPI and the Shanghai Composite Index ...
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UAE firm Utico is ‘willing to walk away' from deal with Hyflux: report

17 Jan 2020 - Singapore Business Review
The deal is said to have left about 34,000 retail investors in the lurch. Hyflux’s white knight investor Utico said it is willing to walk away from a deal with the embattled water treatment company, after a little-known firm made an offer for the utility’s debt. The development is said to have been added ...
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MAS fines investor $200,000 for non-disclosure of shareholding interests

17 Jan 2020 - Singapore Business Review
This is the first civil penalty action for such breaches of the SFA. The Monetary Authority of Singapore has slapped investor Lim Soon Fang with a $200,000 civil penalty for failing to disclose, and giving false information about, his shareholding in Asia-Pacific Strategies Limited (ASIL), according ...

Singapore stocks: STI resumes Friday afternoon down 0.06% on day

17 Jan 2020 - The Business Times
SINGAPORE stocks resumed trading slightly lower on Friday afternoon, in contrast with most other Asian markets. The Straits Times Index declined 0.06 per cent or 1.93 points on the day to 3,276.07 as at 1.04pm. Gainers outnumbered losers 191 to 133, after 1.09 billion securities worth S$459.1 million ...
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LTA opens sandbox licence applications for bike-sharing services

17 Jan 2020 - Singapore Business Review
Applications can be submitted until 24 February. The Land Transport Authority (LTA) has now begun accepting sandbox licence applications for bicycle-sharing services today, an announcement revealed. Existing bicycle-sharing licensees may also apply to increase their fleet sizes in this cycle. Applications ...