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Singapore Business News

SP Ausnet H1 underlying profit up 2.4 pct - Reuters - Thu 1:39 pm
PERTH, Nov 20 (Reuters) - Australian infrastructure firm SP Ausnet reported a 2.4 percent rise in underlying first-half net profit, due to stronger revenues from its distribution business.

Singapore car tax prices make U-turn in downturn - Reuters - Thu 3:29 am
SINGAPORE, Nov 19 (Reuters) - Car tax prices in Singapore, one of the world's most costly places to buy vehicles have plunged to a record low of just two dollars for small cars, from over S$10,000 ($6,549) last month, as demand stalled.

DIARY - Asian Market Holidays to December 2009 = 2 - Reuters - Thu 3:14 am
****More countries will be added as and when holidays are confirmed by Reuters****
THURSDAY, JAN 1
Japan - New Year's Day
MONDAY, JAN 12
Japan - Coming of Age Day
WEDNESDAY, FEB 11
Japan - National Foundation Day
MARCH, MARCH 20
Japan - Vernal Equinox
WEDNESDAY, APRIL 29
Japan - ...


DIARY - Asian Holiday Holidays to December 2009 - Reuters - Thu 3:14 am
Details below represent the latest information available and will be supplemented later, particularly with updated entries for Muslim holidays.
Double-click in brackets for Americas holidays diary [HOL1/DIARY], European holidays [HOL3/DIARY], Middle East and African holidays [HOL4/DIARY].
Alternatively click on to retrieve dates by country.
************************************************************
2008 MARKET HOLIDAYS
************************************************************
NOVEMBER
...


SE Asia Stocks - S'pore hits 3-wk low, others weaker - Reuters - Thu 2:45 am
* Malaysia falls for a second day, Vietnam near 1-week low
* Philippines bucks trend; regional telecoms up
By Viparat Jantraprap
BANGKOK, Nov 19 (Reuters) - Most Southeast Asian stocks fell on Wednesday as investors, spooked by weak corporate profit outlooks, sold financials and blue chips such as Singapore's DBS, ...


Shipping firm, airline lay off staff in global downturn - AFP - Wed 11:43 pm
The global economic slowdown hit transport firms on Wednesday, forcing Neptune Orient Lines (NOL) to cut about 1,000 jobs and Air New Zealand to eliminate 200, the companies said.

Asia stocks sag as US auto woes stir caution - Reuters - Wed 11:24 pm
HONG KONG, Nov 19 (Reuters) - Most Asian stocks edged down on Wednesday and regional currencies slid, as a plea from U.S. automakers for a bailout from Washington highlighted how the financial crisis is hurting broad swathes of the global economy.

Singapore, Caterpillar Enhance Ties With Remanufacturing Plant - AsiaPulse - Wed 11:06 pm
CATERPILLAR INC.

MONEY MARKETS-Dollar funding costs ease further in Asia - Reuters - Wed 10:55 pm
* Dollar funding rates, spreads dip on Fed rate cut view
* Korea steps up funding but credit markets stressed
* For up-to-the-minute market news, click on
By Vidya Ranganathan


Neptune Orient Lines to cut 1,000 jobs - AFP - Wed 8:30 pm
Global container shipping and logistics company Neptune Orient Lines (NOL) will cut about 1,000 jobs to deal with an "unprecedented" industry downturn, the company said Wednesday.



 

SGaction

Singapore Stock Market
ST Index1,665.59 ( -26.96)
Volume1,061.3M
Value$1,008.5M
Gainers / Losers150 / 285

Top 10 Volume
StraitsAsia0.605 (66,100)
GoldenAgr0.170 (62,407)
HSI13200MBLePW0812300.640 (50,216)
Noble Grp0.740 (49,368)
HSI14800MBLeCW0812300.210 (47,119)
SingTel2.420 (32,778)
CoscoCorp0.715 (30,901)
THBEV0.215 (24,250)
Yangzijiang0.445 (23,551)
Olam0.930 (22,775)

Top 10 Gainers
OCBC Bk RBePW0904031.700 (+0.270)
STI 2350BNPePW0812301.390 (+0.210)
Lyxor India Nifty 108.410 (+0.200)
SPH3.540 (+0.130)
UOB 5.05%NCPS 10090.100 (+0.100)
IS MSCI INDIA 100US$3.240 (+0.090)
Kep Corp4.490 (+0.090)
SuperCof0.475 (+0.075)
Haw Par3.620 (+0.070)
Artivision0.200 (+0.060)

Top 10 Losers
JMH 400US$18.500 (-0.520)
S I A10.520 (-0.480)
S I A 20010.560 (-0.480)
DBS9.500 (-0.400)
GLD 10US$73.150 (-0.340)
Jardine C&C9.300 (-0.300)
OCBC Bk 5.1%NCPS 10090.200 (-0.300)
CITYDEV5.520 (-0.230)
DBS MBL iCW0812300.040 (-0.205)
DBS MBL iCW0904030.615 (-0.205)