Tag Archives: shares

Temasek selling up to 500 million shares in SingTel


Temasek selling up to 500 million shares in SingTel SINGAPORE: Temasek Holdings is selling up to 500 million shares in Singapore Telecommunications Ltd (SingTel) to raise as much as US$1.34 billion.A Temasek spokeperson has confirmed this sale, saying that Temasek … Continue reading

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Singapore shares end flat


SINGAPORE – Singapore share prices closed flat on Tuesday as some traders sought to cash out gains made in the previous two sessions.     The blue-chip Straits Times Index closed 0.1% or 4.08 points lower at 3,067.74.   Shares … Continue reading

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SGX grants Thai Bev shareholders approval waiver


SGX grants Thai Bev shareholders approval waiver SINGAPORE: The Singapore Exchange (SGX) has granted Thai Beverage Public Company (Thai Bev) a waiver from obtaining shareholders approval to complete its acquisition of Fraser and Neave (F&N) shares. This means the Thai … Continue reading

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Singapore shares end mixed


SINGAPORE – Singapore share prices ended mixed on Friday, as some investors were unwilling to take fresh positions ahead of the weekend. The blue-chip Straits Times Index (STI) fell 0.2% or 6.08 points to close the day at 2,998.49. But … Continue reading

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Heineken extends takeover offer for APB shares


SINGAPORE: Heineken has agreed to extend a takeover offer for shares in Tiger Beer-maker Asia Pacific Breweries by one week to next Friday. The Dutch brewer had on July 20 offered to buy Fraser & Neave’s interest in APB for … Continue reading

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Singapore shares end 0.5% higher


SINGAPORE – Singapore share prices ended 0.5% higher on Tuesday, recovering part of their sharp loss on Monday.     The gains came as data showing improvement in China’s manufacturing sector boosted risk sentiment in some markets in Asia.   … Continue reading

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Asian shares rise after Wall Street lead


HONG KONG: Asian markets were lifted Thursday by a strong lead from Wall Street after upbeat earnings reports and Ben Bernanke’s comments that the US Federal Reserve could step in to help the economy. Tokyo rose 0.79 per cent, or … Continue reading

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Singapore shares end flat after choppy session


SINGAPORE – Singapore share prices ended flat after a choppy session on Monday, amid growing caution over corporate earnings due to be reported in coming weeks.     The blue-chip Straits Times Index (STI) rose in early trade before dropping … Continue reading

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Singapore shares end 1.12% higher


SINGAPORE – Singapore share prices ended 1.12% higher on Monday on continued optimism about a possible resolution to the euro zone’s political and economic problems. Worries over the European debt crisis appear to have subsided after a raft of measures … Continue reading

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Singapore shares end down 1%


SINGAPORE – Singapore share prices ended 0.97% lower on Friday amid Europe’s deepening debt woes, disappointing US data and Chinese manufacturing numbers. The blue-chip Straits Times Index dropped 26.83 points to end at 2,745.71. In the broader market, 1.10 billion … Continue reading

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