02:40:41

Latest

Credence Capital subscribes to new XMH shares worth $10mil
20 May 2013
XMH Holdings, the diesel engine, propulsion and power generating solution provider in the marine and industrial sectors, said the group has welcomed...
  • Market leader

    SingTel is hitting all-time highs as CEO Chua Sock Koong improves its capacity to pay dividends and positions it to ride the mobile data boom. Can the stock keep rising? Get your copy of The Edge Singapore today. Download the latest iPad app here.

Home

The Daily Edge

Credence Capital subscribes to new XMH shares worth $10mil

XMH Holdings, the diesel engine, propulsion and power generating solution provider in the marine and industrial sectors, said the group has welcomed Credence Capital Fund II (Cayman) Limited as a prospective new substantial shareholder of the group.

Singapore’s Changi Sseeks growth With Gold, Tuna

Changi Airport, Southeast Asia’s largest freight airfield, plans to attract more gold bars, tuna and vaccines to Singapore as it seeks to increase handling of high-value cargo to make up for slowing trade. The airport may process 7% more cargo by volume for pharmaceutical products such as vaccine and test drugs, as well as perishable goods including tuna and meat this year, James Fong, assistant...

Singapore’s STI +0.1%; 3,420-3,460 range tipped

Singapore’s STI inches up 0.1% to 3,454.19, remaining buoyant amid a continuing global rally in stocks. But Kevin Scully, executive chairman at NRA Capital, questions the sustainability of the rally.

May 13: Biosensors, Sembcorp,Tiger Air

Singapore share prices ended flat on Friday, remaining resilient despite Wall Street's dip overnight because of concerns about US Federal Reserve's support for the economy and disappointing jobs data. The blue-chip Straits Times Index (STI) ended 0.1% or 2.98 points lower at 3,449.30. Here are some stocks to watch this Monday morning: Biosensors International, which develops and produces medical...

STI hits 5-1/2-year high; SIA dips

Singapore shares hit their highest in nearly five-and-a-half years, while Singapore Airlines was on course for its biggest daily drop in nearly 19 months after posting disappointing results. The Straits Times Index rose nearly half a% to 3,457.07 points, its highest since the beginning of 2008, and the MSCI's broadest index of Asia-Pacific shares outside Japan inched down 0.2% .

Singapore Air slumps after wider operating loss

Singapore Air falls as aircraft sales mask declining yields

EUR/USD, AUD/USD, USD/JPY Performance Chart as at 12:00p.m. Singapore time, 17/052013

May 17: SIA, Intraco, Singapore Power, Eu Yan Sang

Singapore Air has quarterly profit on gains from plane sale

Asian Pay Television raises $1.4 bil in Singapore IPO

Intraco forms JV crane business in Myanmar with Tat Hong

Eu Yan Sang jumps most since February 2012 on deal

STI flat; Noble falls

Singapore commodity firms crimp spending in challenging times

Blog Heads

Weekend Comment May 17: SIA rewards shareholders through thick and thin

SINGAPORE AIRLINES HAS reported earnings for the full year ended March 2013, which surprised on the upside despite continuing headwinds in the aviation industry. The carrier reported a net profit attributable to shareholders of $379 million, 13% higher than the year before, and is paying out a total...

Lim Yin Foong: Tax breaks make Britain more business-friendly

Lim Yin Foong: Tax breaks make Britain more business-friendly

The Cumbrian town of Ulverston near the UK’s Lake District is renowned for its many festivals, and is also famous as the birthplace of Stan Laurel of the famed Laurel and Hardy comedic duo. Its more recent claim to fame, however, is the proposed site of a £350 million ($667 million)...

Daryl Guppy: Shanghai Index has trend breakout behaviour

CHINA CONTINUES WITH a Go Global policy under the new leadership, but it is more sophisticated than previous policies. In the past it was sometimes sufficient to be a state- owned enterprise (SOE) and have loads of money to throw at anything that looked like an investment opportunity. That has changed,...

Weekend Comment May 10: Is it time to sell StarHub?

SHARES OF TELECOMUNICATIONS service provider StarHub fell 2.7% to $4.60 on May 10 following its earnings report and dividend announcement for the first three months of FY2013. The shares had hit a 52-week high of $4.73 on May 8, and are up 21.4% since the start of the year. For the three months...

Manu Bhaskaran: How will a new-look Japan impact Asia?

AFTER TWO DECADES of drift and deflation, Japan has come alive again. The yen has devalued by more than 20% and a transformed Bank of Japan (BOJ) has eased monetary policy aggressively. For once, Japan has a government whose popularity is actually rising after taking office, unlike previous ones whose...

Daryl Guppy: Is China spelt ‘catastrophe’?

Weekend Comment May 3: Bumitama bet

Lim Yin Foong: Royal Mail listing stirs privatisation debate

Daryl guppy: Shanghai consolidation overshoots targets

Weekend Comment Apr 26: Banking on growth

Manu Bhaskaran: Should we worry about global growth?

Daryl Guppy: More than a technical correction

Weekend Comment Apr 19: Keppel stays resilient amid rising competition

Daryl Guppy: Shanghai Index testing technical support

Assif Shameen: Mighty King Coal turning pauper

Careers