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SGX and STOXX reach agreement on licensing of the EURO STOXX 50 as underlying for Futures and Options on Futures contracts
10 March 2010
Singapore Exchange (SGX) and STOXX, the global index provider and the creator of the leading European equity indices, today announced that they have...
  • REITs renewal

    John Lim, CEO of ARA Asset Management, is creating a fresh crop of REITs and funds as the real-estate sector takes off again. Find out what his plans are in this week’s issue of The Edge Singapore, your leading financial and investment guide.

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SGX and STOXX reach agreement on licensing of the EURO STOXX 50 as underlying for Futures and Options on Futures contracts

Singapore Exchange (SGX) and STOXX, the global index provider and the creator of the leading European equity indices, today announced that they have reached a consensus on a licence agreement which will allow the SGX to list US-dollar denominated EURO STOXX 50 Index futures and options on futures. Subject to regulatory approval, the targeted launch date for the US-dollar denominated futures and...

National Stock Exchange of India and SGX to explore listing more India-linked products on SGX

National Stock Exchange of India Limited (NSE) and Singapore Exchange (SGX) have signed a Memorandum of Understanding (MOU) to cooperate in the development of a market for India-linked products. Under the MOU, both exchanges aim to explore future collaboration in the expansion, development and promotion of India-linked products and services to be listed on SGX.

UBS’s senior Asian investment banker resigns

UBS’s (UBSN.VX) joint head of equity capital markets and a 10-year veteran at the bank, Sutha Kandiah, has resigned, a source with knowledge of the move told Reuters on Wednesday. Kandiah, who was based in Singapore, oversaw multi-billion dollar equity deals in the region such as Malaysia’s Maxis’s (MXSC.KL) US$3.3 billion ($4.6 billion) IPO and share sale of Southeast Asia's...

Singapore Shipping Corporation buys car truck carrier

Singapore Shipping Corporation today announced the purchase of a pure car truck carrier, the MV Boheme from the Wallenius Group. Ow Chio Kiat, SSC’s Executive Chairman, says: “The MV Boheme, which ranks amongst the most modern and largest vessels in the global fleet of car-carriers, will be a good replacement for the much older and smaller car carrier that the group disposed of in...

Tiger Airways says Feb passengers up 90% y-o-y to 437,000

Tiger Airways Holdings says it saw continued strong growth across both its Singapore and Australia operations in February 2010. A total of 437,000 passengers flew with Tiger Airways in February 2010, a 90% increase over February 2009. Passenger numbers benefited from the addition of double daily services between Hong Kong and Singapore and strong demand during the Lunar New Year period, the Chinese...

Sembcorp opens 2nd industrial wastewater treatment in Nanjing

STI gains 0.8% to 2,862.29 at closing

China Eastern to receive stake in SIA cargo venture

Thai Shin Corp: Temasek has no plans to sell Shin

STI up 0.8%; more upside as long as above 2,830, says SIAS

PCCW posts 18% rise in net profit to $271m for FY09

Koon Holdings wins new $8m project from DSTA

Hyundai Motor to supply taxi sedans to ComfortDelGro

STI gains 0.6% to 2,857.76 at 10:05 a.m.

March 10: OUE, Lian Beng, Aztech, Pteris Global

Blog Heads

Bob Doll: Markets caught in crosscurrent

Bob Doll: Markets caught in crosscurrent

THE MILD SETBACK for US equities of late could be attributed to a combination of fierce winter storms in the northeastern US, ongoing concerns about economic growth and the prospects for hiring and some disappointing consumer- confidence figures. For the week ended Feb 26, the Dow Jones Industrial...

Why Hong Kong’s property market will stay frothier than Singapore’s

Why Hong Kong’s property market will stay frothier than Singapore’s

FOREIGN MONEY, escalating home prices, locals feeling priced out of the market, cooling measures. This isn’t just happening in Singapore, it’s also hitting Hong Kong. In both cases, a global economic upswing plus a loose monetary climate have triggered an inflow of money desperately looking...

Lim Yin Foong: The new face of British banking

IMAGINE A BANK that operates seven days a week, where you can open a bank account in 15 minutes and receive your credit card, debit card and chequebook immediately. Standard practice in Asia, you may say. It’s expected of our banks, you may add. Here in the UK, however, where consumers have...

Daryl Guppy: Crouching tiger hidden in China PMI

THE CHINESE PURCHASING Managers’ Index (PMI) was released last week and it just created confusion. There is no dispute that the PMI is down for February, but that fact does not help explain its significance. The official China National Bureau of Statistics PMI fell to 52% in February. That’s...

Week-Ahead Comments March 8: Markets fight back

The Straits Times Index advanced 16.23 points or 1.4%, during the week, closing last Friday at 2,790.29 points. Earlier in the day, Premier Wen Jiabao announced during his annual speech at the opening session of the National People’s Congress that China had set growth and inflation targets for...

Mid-Week Comment March 3: China slows down

Manu Bhaskaran: The Singapore Budget: A cautious focus on the long term

Bob Doll: Markets to move in a trading range

Daryl Guppy: Tales of the Shanghai market

Week-Ahead Comment March 1: Mixed feelings

Mid-Week Comment Feb 24: Noble intentions

Assif Shameen: The last investment frontier

Sunita Sue Leng: Finding fortune in the Year of the Tiger

Manu Bhaskaran: The global recovery and Asia

Bob Doll: Sharpest part of the correction is over

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