Singapore Stocks

HK: Shares open down, financials weak

Thu, 23 Feb 2012 01:47:00 +0000

HONG KONG – Hong Kong shares opened lower on Thursday, dragged by weakness in financial stocks on renewed fears about slowing global growth after data from the euro zone and China and oil prices hit a 9-month high.

Malaysia: Mixed start

Thu, 23 Feb 2012 01:20:00 +0000

SINGAPORE – Malaysian shares were mixed in opening trade on thursday with the benchmark FTSE Kuala Lumpur Composite Index falling 3.10 points to 1,557.42.

Singapore: Shares open lower after US fall

Thu, 23 Feb 2012 01:05:00 +0000

SINGAPORE – Shares fell in opening trade on Thursday following losses on Wall Street overnight.

Ezion to raise S$95m through share placement

Thu, 23 Feb 2012 00:26:00 +0000

SINGAPORE- Oil and gas services firm Ezion said it plans to raise net proceeds of about S$95 million through a placement of 110,000
shares at S$0.88 each.

Olam to raise S$275m through issuing securities

Thu, 23 Feb 2012 00:21:00 +0000

SINGAPORE – Commodity firm Olam said it has launched and priced the
issue of Singapore dollar denominated perpetual capital securities and will raise S$275 million through the offering.

S Korea: Shares open lower; Daewoo Ship up on UK Navy deal

Thu, 23 Feb 2012 00:16:00 +0000

SEOUL – Seoul shares opened lower on Thursday, easing back from a 6-1/2 month closing high set in the previous session, with Samsung Electronics, the largest stock on the main index by market value, retreating 2.6 per cent.

Japan: Nikkei steady, softer yen to help stocks

Thu, 23 Feb 2012 00:15:00 +0000

TOKYO – Japan’s Nikkei share average held steady near the previous day’s gains on Thursday, with the softer yen underpinning market sentiment, though optimism over Greece’s bailout deal this week was tempered by new concerns about the health of Europe’s economy.

Japan manuf mood dips to levels seen after quake

Wed, 22 Feb 2012 23:37:00 +0000

TOKYO – Japanese manufacturing sentiment this month slid to its lowest since the aftermath of the earthquake last March, a Reuters poll showed, indicating the world’s No 3 economy may struggle to recover quickly from a slump on weak global demand and a strong yen.

US stocks dip in opening trade

Wed, 22 Feb 2012 14:58:00 +0000

NEW YORK – US stocks dipped in cautious opening trade on Wednesday following disappointing eurozone data that added to signs of recession in the debt-wracked region.

AirAsia’s 2011 net profit falls by almost half

Wed, 22 Feb 2012 14:06:00 +0000

KUALA LUMPUR – Southeast Asia’s largest budget carrier AirAsia on Wednesday reported a fall in net profit by almost half in 2011 on year as it struggled with high fuel prices, but posted a record revenue.