Markets & Investing
Merger between ASX and SGX is the best option going forward:SGX
Merger between ASX and SGX is the best option going forward:SGX
The approval of Chi-X Global Inc to operate in Australia's main bourse opens the room for stronger political support to Singapore Exchange.
Temasek and Government of Singapore Investment Corporation have recovered their pre-crisis values
Their objective is to achieve good long-term investment returns across economic cycles.
SGX February securities turnover up 32% to $31.5bn
Derivatives volume during the same period surged 39% to 5.2mn contracts from the previous year while the average daily volume was 300,493 contracts.
Singapore Exchange proposes to list rubber futures on derivatives platform
This is part of SGX's plan to bring all commodities contracts onto one single trading platform.
Singapore Exchange lists Dyna-Mac Holdings to mainboard
Through the listing of Dyna-Mac Holdings, Singapore Exhchange boosts its maritime and offshore cluster.
SingTel priced US$600mn 10.5-year notes at 4.5%
The order book closed after registering approximately US$1.8 billion of interest and was oversubscribed by more than three times.
Singapore Exchange expands food sector
Home grown brand, Chew's Group Limited, is now listed on Calatist, under the stock code of "5SY".
CapitaMall's 2-year retail bonds increased to $300mn
The 2-year retail bonds were subscribed 1.9 times, said CapitaMall Trust.
$1.1bn 20-year SGS bond re-opening fetched yield of 3.26%
The SGS bond had a 9bp tail to cut off at 3.35%, and a bid-cover ratio of 1.9x.
Venture net profit surged 30.9% in 2010
However, full year revenue declined from $3.4 billion in FY2009 to $2.7 billion in FY 2010.
UOL net attributable profit jumped 76% in FY2010
Net attributable profit increased to $745.8 million for the financial year ended 31 December 2010.
Intensifying clashes in Libya likely to affect Singapore firms
Rising violence in Libya is throwing the market focus on oil, said OCBC.
$1.1bn 20-year SGS bonds to attract insurers if yield exceeds 3.45%
But, the SGS bond is currently yielding only around 3.33 percent.
OCBC Group achieved record profit of $2,253mn in 2010
But profit for fourth quarter last year posted an 11% quarter-on-quarter decrease.
SGX, ASX revamp merger proposal
SGX and ASX made changes to their merger proposals in a bid to boost the deal's chances of getting regulatory approval in Australia.
Swiss Re reported US$863mn net income for 2010
The high net income reflects the sustained earnings power of its business and the strength of its client franchise.
CapitaMalls Asia profit jumped 9% in 2010
Profit after tax and minority interests came in at $421.9 million for FY2010.
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