Singapore News
- SINGAPORE share prices opened higher with the Straits Times
Index (STI) up 14.97 points to 3,376.72 as the US Federal
Reserve raised the odds of a rate hike in June.
- Bank of Singapore said that rate hike by the Fed in
September now looks more probable, with the US central bank
pushing back expectations for the path of rate increases over
the coming couple of years.
- Blumont Group is planning a rights cum warrants issue to
raise about $27 million in net proceeds if the rights shares
are fully subscribed.
- Oil resumed its slump after rallying from the lowest price
in six years as focus returned to record supply in the US, the
world's biggest consumer.
- SINGPOST is set to roll out an e-commerce fulfilment solution for small and medium-sized enterprises (SMEs) in April.
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