Tuesday, January 27, 2015

Highlights-

  • Singapore shares opened lower on Tuesday, with the benchmark Straits Times Index at 3,404.42 in early trade, up 0.65 per cent, or 22.02 points.
  • Alex Zou joined about 100 Singaporeans who packed shoulder-to-shoulder into an auction at the Amara Hotel on a Friday afternoon looking for a cheap home to buy.
  • Two Singapore oilfield service firms are finding it tough to refinance debt maturing later this year as the slump in crude prices has made investors and lenders hesitant, banking sources said.
  • Oil fell in see-saw trade on Monday, with US crude ending at its lowest in nearly six years, as traders discounted comments from Opec's top official about the market finally finding a bottom.
  • Shares of China Environment jumped 13% on strong volume to a five-month high in early trading.


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