The Singapore stock market has ticked lower in two straight sessions, slipping more than 15 points or 0.4 percent along the way. The
Law Minister K Shanmugam's Facebook post was a response to a Wall Street Journal article about US President Joe Biden commuting the death sentences of 37 inmates Law and Home Affairs Minister K Shanmugam said on Sunday that personal feelings are "set aside" to protect the majority of people in Singapore when it comes to the death penalty.
The Straits Times Index (STI) added 1.54 per cent or 58.81 points to 3,886.98. Across the broader market, losers outnumbered gainers 283 to 237 on trade of 960 million shares worth $1.38 billion.
The outcome here left the Straits Times Index (STI) down a chunky 1.6 per cent or 61.04 points to 3,801.56, with the banks taking a major hit. Losers outnumbered gainers 346 to 192 on trade of 898.6 million securities worth $1.2 billion.
While higher longer-term bond yields can be a benefit to net interest income growth and margins for lenders, they can also signal additional pressure on consumers and slow the pace of borrowing.
The Singapore stock market has finished lower in four straight sessions, giving away almost 100 points or 2.6 percent along the way.
ASIAN markets extended a global rally on Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year. Read more at The Business Times.
Non-oil domestic exports from the Southeast Asian trading hub grew 9.0% from a year ago last month, Enterprise Singapore said Friday. That compared with the median estimate for a 7.85% increase projected by eight economists polled by The Wall Street Journal, and November's 3.4% growth.
This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets opened mixed Tuesday after a mixed session on Wall Street that saw the Dow soar and the Nasdaq slip as investors rotated out of tech stocks.
By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) -The dollar rebounded sharply on Tuesday after plunging hours earlier as Donald Trump's first day back in the U.S. presidency brought mixed
By Ankur Banerjee and Sinéad Carew SINGAPORE/NEW YORK (Reuters) -Asian shares tracked Wall Street higher on Thursday and the dollar was soft as easing core U.S. inflation kept potential rate cuts by
Southeast Asian cell tower firm EdgePoint Infrastructure is looking to expand its portfolio to over 20,000 towers in two to three years from around 15,000 currently, its chief executive told Reuters.