trading

IPO

shopper360 raises $11 mil through IPO placement, to commence trading on Friday

SINGAPORE (June 29): shopper360 on Wednesday completed its placement of 38 million shares, comprising 18 million new shares and 20 million vendor shares, for 29 cents per share to raise gross proceeds of approximately $11 million.

Man who helped bury Lehman turns to saving troubled trader Noble

LONDON (March 15): As Noble Group investors head for the door, the embattled commodity trader has turned to a man whose resume is a roll-call of Asia’s highest-profile corporate collapses.

Trump drops campaign promise to label China a currency manipulator

WASHINGTON (April 13): President Donald Trump said he won’t brand China a currency manipulator, retreating from core campaign promise, though he argued that a strong dollar is hampering the ability of American firms to compete.

MAS takes civil penalty action against divorced couple for unauthorised trading

SINGAPORE (March 8): The Monetary Authority of Singapore (MAS) has obtained a civil penalty judgement against two individuals, Wang Boon Heng and Foo Jee Chin, for carrying out unauthorised share trading in 2007.

SGX securities market value for Feb up 35% m-o-m to $28.2 bil

SINGAPORE (March 7): Singapore Exchange's February trading statistics showed double-digit growth among its securities products while derivatives saw a slowdown after January’s rise.

ISR Capital ‘glad’ to resume trading on March 6; will continue working towards Tantalum acquisition

SINGAPORE (March 2): ISR Capital board of directors says it is “glad” that the Singapore Exchange (SGX) will be lifting its trading suspension on the company with effect from March 6.

SGX posts 5.5% rise in 2Q earnings to $88.3 mil on higher trading activity

SINGAPORE (Jan 19): Singapore Exchange reported 2Q17 earnings rose 5.5% to $88.3 million from $83.7 million the previous year, helped by higher trading activity.
Gold

Commodities

Battered gold looks at risk of further thumping

SINGAPORE (Nov 30): The worst is yet to come. At least that’s the opinion of the top two gold forecasters who say bullion will suffer further losses in 2017 as interest rates climb and the dollar strengthens.

Are ‘members-only’ SGX dashboard alerts enough to deter trading misconduct?

SINGAPORE (Oct 4): Following the “false market” furore which led to Lu Hai’s suspension last month, Singapore Exchange (SGX) has put some new practices into place on Sept 28, as part of its efforts to deter market misconduct.
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