Singapore shares edge up at Friday's open; STI up 0.6%

26 Jun 2020 - The Business Times
SINGAPORE stocks began trading in slightly positive territory on Friday morning, with the Straits Times Index gaining 14.42 points or 0.6 per cent to 2,604.57 as at 9am. Gainers outnumbered losers 103 to 20, after about 63.5 million securities worth some S$44 million changed hands. Among the index securities, ...
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ADC Consortium to build submarine cable connecting APAC

11 Jun 2020 - Singapore Business Review
The cable will be completed by Q4 2022. Asia Direct Cable (ADC) Consortium, which includes Singtel, is building a submarine cable that will connect China (Hong Kong SAR and Guangdong Province), Japan, the Philippines, Singapore, Thailand and Vietnam. The cable will feature multiple pairs of optical fibres ...
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Singapore shares advance at Wednesday's open; STI up 0.5%

10 Jun 2020 - The Business Times
SINGAPORE shares rebounded on Wednesday morning, after losing some steam by the closing bell on Tuesday. The benchmark Straits Times Index (STI) gained 14.98 points or 0.5 per cent to 2,809.15 as at 9.01am. Gainers outnumbered losers 81 to 39, after about 42.6 million securities worth S$74.1 million ...
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One-third of employers anticipate weak hiring environment

9 Jun 2020 - Singapore Business Review
This marks the weakest net employment outlook in 11 years. About 38% of employers are expecting a decline in hiring activities, whilst 46% are not expecting any changes, according to a survey by ManpowerGroup Singapore. After accounting for seasonal variation, the net employment outlook stands at -28%. ...
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Daily Briefing: FairPrice, WhyQ launch zero-commission food delivery platform; Endofotonics bags $12m series B funding

1 Jun 2020 - Singapore Business Review
And Wiz.ai nabs $8.48m pre-series A funding led by GGV Capital. From Channel News Asia: FairPrice Group and food delivery start-up WhyQ have launched a new digital platform offering islandwide food delivery at zero commission to vendors, according to an announcement. This is said to be in response to ...
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Singapore shares decline at Friday's open tracking Wall St retreat; STI down 1%

22 May 2020 - The Business Times
SINGAPORE shares pulled back at Friday's open as worries over renewed Sino-US trade tensions weighed on sentiment. The benchmark Straits Times Index slipped 1 per cent or 25.19 points to 2,530.15 as at 9.01am. Decliners outnumbered advancers 65 to 34, after about 48.6 million securities worth S$61.3 ...
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Daily Briefing: ARA Asset Management delays closing of second value-add fund; Grab Ventures Velocity programme selects five startups

20 May 2020 - Singapore Business Review
And agritech accelerator Grow launches Food Bowl programme. From Deal Street Asia: ARA Asset Management has delayed the final close of its second value-add fund ARA Real Estate Partners Asia II (Fund II) until October 2020, according to a report. The fund, launched in 2018, had targeted to make the final ...
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Singapore shares advance at Tuesday's open after Wall Street surge; STI up 2%

19 May 2020 - The Business Times
SINGAPORE shares opened stronger on Tuesday in line with other Asian markets. This comes as Wall Street made strong gains overnight, on hopes of a Covid-19 vaccine and as investors took heart that the gradual easing of lockdowns in Europe would stimulate economic growth. On the Singapore bourse, the ...
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Singapore shares edge up at Friday's open, tracking Wall St rally; STI up 0.7%

15 May 2020 - The Business Times
SINGAPORE stocks opened stronger on Friday, after Wall Street staged a comeback overnight, as recovery hopes offset pandemic fears. On the Singapore bourse, the benchmark Straits Times Index (STI) gained 18.45 points or 0.7 per cent to 2,540.76 as at 9.01am. Gainers outnumbered losers 138 to 25, after ...
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Singapore stocks slip after US retreat; STI opens 1.1% lower

14 May 2020 - The Business Times
SINGAPORE shares fell in the first few minutes of trade on Thursday, extending the previous day's losses following another negative lead from Wall Street overnight. The benchmark Straits Times Index retreated 28.82 points or 1.1 per cent to 2,543.19 as at 9.01am. Losers outnumbered gainers 118 to 25, ...
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