Friday, 7 August 2015

Singapore News Highlights

SINGAPORE



  • Singapore share prices opened lower, with the Straits Times Index down 7.27 points to 3,442.83/
  • Singapore shares may get off to a slow start with rate hike concerns in the US possibly weighing on sentiment again.
  • Sino Construction will raise about $6.5 million through a share placement to partly fund the construction of micro power plants in South Korea.
  • SINGAPORE businesses are slightly more optimistic about the next three months, the first uptick in sentiment in three quarters, according to the Singapore Commercial Credit Bureau (SCCB).
  • Oil prices dipped in Asian morning trading on Monday, adding to steep losses in the previous session, as Iran and six world powers tried to reach a deal that could add oil to the market if sanctions against Tehran are lifted.

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