Singapore News Highlights for Tuesday-

 

Singapore Stock Picks(SGX)

• Singapore share prices opened higher with the Straits Times Index (STI) up 16.70 points to 3,392.74 
  
• Myanmar property play Yoma Strategic Holdings announced some changes to key management.Group general manager Jeremy Noel Westmore & Co-head Elmar Heinrich  resigned to pursue personal interests.
  
• Shares of Sinarmas Land surged 5 per cent in early-morning trading, even as Singapore Exchange assigned a "trade with caution" on the stock.
  
• SINGAPORE'S non-oil domestic exports (NODX) fell by a sharp 9.7 per cent year on year in February, following three straight months of increase.
  

• NOBLE Group on Tuesday said it has repurchased US$15 million in dollar-denominated 10-year senior notes due 2020 that offered a 6.625 per cent coupon.
  
• IREIT Global hopes to double its asset size and net lettable area in the next 12 to 18 months,It adopts an "ABBA" investment strategy, investing in "A" assets in "B" (second-tier) cities and "B" assets in "A" (first-tier) cities.
  
• US stocks opened higher on Monday after a 3-week losing skid for the S&P 500, as a recovery in the euro helped reassure US investors who had been concerned about the impact of a robust dollar on the earnings of multinational companies.