Thursday, October 8, 2015

Singapore News Highlights for Thursday

    sgx picks today
  • Singapore share prices opened stronger, with the Straits Times Index (STI) up 16.47 points or 0.56 per cent to 2,978.28, following gains on Wall Street.
  • Asia followed Wall St gains, while brace for return of China markets.
  • Chinese stocks jump at open, catching up after global market rebound.
  • Noble Group's chief aluminium trader in Europe, Erik Gundersen, will be leaving the Asian commodities merchant.
  • UOB record 42 per cent jump in revenue for the first half of this year from a year ago.
  • Oxley Holdings clarified that the reported acquisitions in International Healthway Corp (IHC) by its chief executive Ching Chiat Kwong and deputy CEO Low See Ching are "personal and independent investment decisions". 
  • Ascott triples units have been added in SEA.
  • SingPost completed successfully test flight of drone for mail delivery.
  • PEC warned of loss as S$19m is outstanding from Jurong Aromatics Corporation.
  • Kwek/Quek family in Malaysia and Singapore is sixth-richest in Asia.
  • Dollar little changed as compared to euro & yen.
  • Oil fell down after rise in US inventories,& production.
  • Gold climbed to one-week high on signs of slowing Global economic growth.

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