Thursday, 3 September 2015

Singapore News Highlights- 3rd Sept 15


  • Singapore shares opened just north of unchanged, with the Straits Times Index up by 0.74 points to 2,878.87 due to an overnight rally in US markets.
  • Oceanus completes restructuring of loans and warrants.
  • KLW resumed its trading after change in major shareholder.
  • Otto Marine wins US$25.2m charter contracts.
  • Ellipsiz appoints LH's Chng Hee Kok as chairman.
  • CapitaLand's Ascott wins four contracts in Asia.
  • IMF said Impact of China slowdown larger than expected on Global economy, especially on emerging markets.
  • Oil showed modest rebound after mixed US petroleum data.
  • Asian consumers are missing out on full benefit of crude oil slump.

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