Wednesday, 23 September 2015

Singapore News Highlights - 23rd Sept 2015



  • Singapore share prices opened lower with the Straits Times Index (STI) down 11.23 points or 0.39 per cent to 2,857.24
  • Asian shares slipped on growth anxiety focus now shifts to China PMI.
  • Asian futures point to more stock losses before China factory PMI
  • Rowsley has decided not to wait for the Iskandar residential market to recover.
  • YuuZoo Corporation is appointing James Sundram as chief executive officer, from Oct 1.
  • SGX could face toughest questions yet at an annual shareholders' meeting as pressure mounts to find new sources of revenue.
  • DBS will introduce cashless options through mobile app to F&B outlets in Singapore.
  • NOL couldn't explain high volume, except maybe market talk of Temasek selling stake
  • Industrial Reit in Singapore will remain resilient in the face of the current economic slowdown, underpinned by its "robust" financial profiles.
  • Oil moves up on falling US inventories.
  • De Beers has pushed gift-giving to halt China's diamond slowdown.
  • Gold retains losses as firmer dollar.
  • Dollar rises as Fed seen hiking rate this year.
  • Impact of China slowdown is bigger than expected :IMF

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