Wednesday, August 12, 2015

Learn, explore, grab the opportunities to maximize Investment Returns

Seminar on : Secrets of a Successful Trader; Way to Financial Freedom (Singapore)

trading and investment seminar
It's my honour to invite you all on our free session on trading and Investment at singapore

Date- 17th August, 6:30PM- 8:30PM
Venue- CIMB Singapore 50, Raffles Place, #01-01 Singapore Land Tower, Singapore 048623

Registration Link(Compulsory)-
The Session is about -
Plannings, strategies & approach towards trading Traders often just want to know how they can make money from trading. We help you to understand the market trend and suggest best practices to maximize profits and minimize losses. 
Identify your trading style To be successful in trading one should know which trading style suits him/her; whether its Intraday, Over-night, or positional. A trader should his personality to trade on trading patterns
✔Planning of a day trader/short term trader
✔Risk management and its importance in trading
✔Trading psychology
✔Trading as a business

Ringgit weakens to over 20-year low of 2.8538 against Singdollar

[SINGAPORE] The Malaysian ringgit lost further ground against the Singapore dollar on Wednesday, trading at 2.8538 to the Singdollar at about 1:35pm, down from its close at 2.82 on Tuesday.

KualaRinggit120815.jpgThis is the weakest that the ringgit has been against the Singdollar on record. China's surprise devaluation of the yuan this week has lumped more pressure on the ringgit, Asia's worst-performing currency in the past 12 months.

Brent crude prices that have more than halved from their 2014 peak are hurting Malaysia's revenue as a net oil exporter.

Singapore stocks head for biggest drop in two years on China

[SINGAPORE] Singapore stocks tumbled, with the benchmark Straits Times Index heading for its biggest decline since June 2013 amid concerns China's currency devaluation will hurt bank earnings and slow economic growth.

top picks to buy in singapore sgxThe Straits Times Index sank 2.5 per cent to 3,075.27 as of 10:37 am in Singapore, the most in the Asia-Pacific region. DBS Group Holdings Ltd, Oversea-Chinese Banking Corp and United Overseas Bank Ltd, the nation's three key lenders, slumped at least 2.9 per cent, among the eight biggest decliners on the benchmark measure.

Singapore banks have been making inroads into China and the People's Bank of China's move to devalue its currency will hurt their earnings, according to Daiwa Securities Group Inc. The yuan was headed for its biggest two-day drop in 21 years after the PBOC's reference rate was cut to the weakest level since 2012.

Singapore banks' strong capital position will help them absorb increasing risks: S&P

THE three Singapore banks' strong capital position will help them absorb more loans souring which may happen when interest rates rise from current low levels, said Standard & Poor's (S&P) analyst Ivan Tan.

singapore stocks today"Their capitalisation is quite high," said Mr Tan on Tuesday, adding that their Tier 1 capital ratios average 12-13 per cent, well above the regulatory 8 per cent minimum.

The three local banks - DBS Group Holdings, OCBC Bank and United Overseas Bank - are rated AA- by S&P, a rating which is higher than other banks in the region. Mr Tan was elaborating on a just-released S&P report that said Asean banks' asset quality could weaken over the next 12 to 18 months.