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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.
June 29, 2017
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.
May 16, 2017
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.
April 13, 2017
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.
March 08, 2017
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.
March 07, 2017
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.
March 02, 2017
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.
January 19, 2017
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.
November 30, 2016
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.
October 04, 2016