Monday, February 29, 2016
Sunday, February 28, 2016
Saturday, February 27, 2016
Singapore Exchange (SGX) has submitted a non-binding bid to buy The Baltic Exchange, the exchange revealed in an announcement. The Baltic Exchange provides market information on the maritime market, used by shipbrokers, owners and operators, traders, financiers and charterers.
Friday, February 26, 2016
Thursday, February 25, 2016
Wednesday, February 24, 2016
Tuesday, February 23, 2016
Monday, February 22, 2016
Boris Johnson, the influential mayor of London, will campaign for Britain to leave the European Union in the run up to the June 23 referendum, the BBC reported on Sunday. "Boris will campaign to leave the EU," the BBC's political editor Laura Kuenssberg said on Twitter without citing sources. One source with knowledge of Johnson's decision confirmed to Reuters that he would back the 'out' campaign.
Just seven months ago, Sweden's Handelsbanken was worth almost US$20 billion less than Deutsche Bank. This month, it eclipsed Germany's flagship lender.
Handelsbanken epitomises a more conservative Nordic banking style that prioritises cost control over revenue growth. It pays no annual bonuses to executives and has a decentralised model that gives branch managers control over lending, which it says helps reduce bad loan risks.
Sunday, February 21, 2016
Saturday, February 20, 2016
Friday, February 19, 2016
Thursday, February 18, 2016
Wednesday, February 17, 2016
For Category A cars, or those 1600cc and below with horsepower not exceeding 130bhp, premiums closed at S$43,000, down from S$46,651 in the previous exercise. Premiums for larger and more powerful cars in Category B rose S$8,360, rising from S$38,610 to S$46,970.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, increased to S$45,009, from S$44,001. Motorcycle premiums recorded a fall of S$150, closing at S$6,353, down from S$6,503 in the last exercise.
COEs for commercial vehicles, which include goods vehicles and buses, recorded the smallest drop. It fell from S$45,036 to S$45,001.
Tuesday, February 16, 2016
When Mark Mobius looks at the wreckage of Chinese stocks traded in Hong Kong, he sees bargains.
The Hang Seng China Enterprises Index plunged 49 per cent from its May high through last week, sending valuations to record lows, as concern over China's economic slowdown and heavy-handed state intervention in mainland financial markets spurred outflows.