BusyBodyQueen
Monday, August 31, 2015
Bersih
Former Malaysian prime minister Mahathir Mohamad's presence at the Bersih 4 rally is disappointing and suggests that the former premier has changed his stance and now agrees with street protests, said Malaysian Communications and Multimedia Minister Salleh Said Keruak.
Mitsubishi
Japan's Mitsubishi Corp is taking a 20 per cent stake in Temasek-controlled Olam International in two separate deals totalling some S$1.53 billion, fuelling the consolidation trend in the otherwise moribund agri sector.
China Everbright Water
China Everbright Water Limited announced an acquisition over the weekend that will widen its geographical footprint in China to cover Liaoning Province and Inner Mongolia Autonomous Region.
Sunday, August 30, 2015
Federal Reserve
The Federal Reserve on Friday left the door open to a September interest rate hike even while several US central bank officials acknowledged that turmoil in financial markets, if prolonged, could delay the first policy tightening in nearly a decade.
Brazil
Brazil has slipped into recession, the government said on Friday, deepening the gloom in the world's seventh largest economy already battered by falling commodity prices, political crisis and a corruption scandal.
HSBC
HSBC Holdings Plc said most of the 275,000 payments from UK business customers it failed to process on Friday were completed by the end of the day after a software problem held up transactions before a long weekend.
Saturday, August 29, 2015
SK Jewellery Changi Airport Terminal 2
Terence is one of the best staff in the jewellery sector.
Thank you :)
Tampines Expressway
Sengkang and Punggol residents heading home by the Tampines Expressway (TPE) will enjoy a smoother drive by the end of next month.
Changes will be made to the existing lanes at the TPE exit towards Seletar Expressway (SLE) near the Punggol Flyover to improve traffic flow into the Punggol and Sengkang towns, it was announced yesterday.
Swiss Economy
Switzerland's economy grew unexpectedly in the second quarter, skirting a recession as exporters weathered a strong franc better than some had expected.
USA Consumer Sentiment
Consumer confidence declined in August to a three-month low as recent stock-market turbulence weighed on Americans' outlook for the US economy in the coming year.
Ringgit
The ringgit fell for a 10th week, its longest losing streak since 2013, as thousands of protesters prepared for a weekend march to demand Prime Minister Najib Razak's resignation.
Kiyo Jurong Point
1 Jurong West Central 2
#01-16H Singapore 648886
Tel: +65 6316 1380
#01-16H Singapore 648886
Tel: +65 6316 1380
Opening Hrs:
1030hr to 2200hr daily
1030hr to 2200hr daily
Friday, August 28, 2015
New Homes in France
Sales of new homes in France are rebounding as investors return to the market, but the recovery has yet to end a homebuilding slump that is weighing on growth in the euro zone's second-biggest economy.
Rubber Market
German synthetic rubber producer Lanxess is pessimistic about the near term outlook for the rubber market, but foresees the situation to turn for the better in five years.
World Food Prices
The El Nino weather pattern sweeping the globe for the first time in five years risks setting off the next great surge in world food prices after they rose to records in 2008 and 2011, according to Nomura International Ltd.
Kiyo Tampines One
10 Tampines Central 1
#01-41/42 Singapore 529536
Tel: +65 6483 5981
#01-41/42 Singapore 529536
Tel: +65 6483 5981
Opening Hrs:
1030hr to 2200hr daily
1030hr to 2200hr daily
Thursday, August 27, 2015
Ashley Madison Members
"MOE will check the veracity of the e-mail accounts being used. If there are breaches of regulations or inappropriate conduct that undermines the values expected of our educators, we will take appropriate action."
Technical Recession
The odds of Singapore entering a technical recession in the third quarter have risen significantly after July's industrial production contracted far more than expected. What this will mean for monetary policy, though, remains unclear - economists have mixed views on whether the central bank will ease its stance come October.
Arab Donor
Tun Dr Mahathir Mohamad has asked Datuk Seri Dr Ahmad Zahid Hamidi to show proof that the Arabian man he met has huge sums of money to give away.
Durable-Goods Orders in USA
New orders for US durable manufactured goods rose solidly in July, lifted by automobiles, and the June gain was revised sharply higher, official data released Wednesday showed.
September Rate Hike
A top Federal Reserve official said Wednesday that the economic turmoil in China has eroded the argument for raising interest rates in September.
Wednesday, August 26, 2015
Immigration
Immigration is likely to be a hot button issue in the general election campaign, some political observers said yesterday, after news broke that Nomination Day will be Sept 1 and Polling Day, Sept 11.
Singapore Management University law don Eugene Tan said the influx of foreigners into Singapore is the "mother of all issues".
First Time Polling Day on a Friday
Polling Day in the coming General Election (GE) will be on Sept 11, a Friday.
Only at three GEs since independence in 1965 has Polling Day not fallen on a Saturday.
China Cut Interest Rates
China’s central bank on Tuesday cut its benchmark interest rates and the amount of cash banks must keep on hand, the latest stimulus aimed at boosting the world’s second-largest economy as it battles a collapse in share prices.
BHP Billiton
China's economic growth will cool from the 7 percent forecast for 2015, curbing demand for some commodities as the country completes investments in major construction projects, BHP Billiton chief Andrew Mackenzie said on Tuesday.
Tuesday, August 25, 2015
Oil Investments in Norway
Oil companies have cut their expectations for investments in Norway in recent months, fresh data showed on Tuesday, and economists said they are likely to continue scaling back ambitions as the price of crude continues to fall.
Jurong Region MRT Line
The Jurong Region MRT Line might be connected to the Circle Line to improve rail connectivity between the western parts of Singapore and the city centre, Minister for Transport Lui Tuck Yew said on Tuesday.
The Land Transport Authority will study the possibility of doing this through a West Coast extension which could include stations in the West Coast and Pasir Panjang area. If feasible, the extension is expected to be completed around 2030.
Nomination and Polling
The Elections Department has announced that nomination day will be on September 1 (Tuesday). Polling will take place on September 11 (Friday) in Singapore.
Different Asset Classes
The runaway Chinese train ploughed through a broad swathe of risk markets on Monday to wreak a destruction scale not seen since the global financial crisis seven years ago.
Looking across the different asset classes, analysts reported diminished expectations of US interest rate hikes in September, bearish views on Asian currencies, soft outlooks for commodity prices and a bearish view on regional equities.
Ringgit
The Malaysian ringgit fell further on Tuesday (Aug 25), into uncharted territory against the Singapore dollar.
It slumped to a low of 3.0303 to the Singdollar at 8.12am before recovering to trade at 3.0194 at 8.45am.
Europe's Stocks
Europe's main stock markets plummeted on Monday on fears that China's economic woes would drag on global growth.
London's benchmark FTSE 100 index sank 4.67 per cent to close at 5,898.87 points.
USA Stocks
US stocks tumbled in opening trade Monday, with the Dow plummeting more than 900 points as a global equity slump worsened following another big drop in Chinese stocks.
China's Black Monday
China has been a major contributor to economic growth and low global inflation for more than two decades.
But tonight, investors around the globe are catching their breath after one of the worst day’s trading in many years. They’re now pondering whether today marks the start of a new and alarming phase of the crisis which began some eight years ago.
Monday, August 24, 2015
Commodities
Commodities sank to the lowest level in 16 years, joining a rout in global equities and emerging-market currencies on concern that China's economic slowdown will exacerbate gluts of everything from oil to metals.
The Bloomberg Commodity Index of 22 raw materials lost as much 1.7 per cent to 86.3542 points, the lowest level since August 1999. Resources stocks from BHP Billiton Ltd to Cnooc Ltd tumbled while Brent crude fell below US$45 a barrel for the first time since 2009.
China Stocks
China's stocks plunged the most since 2007 as government support measures failed to allay investor concern that a slowdown in the world's second-largest economy is deepening.
The Shanghai Composite Index tumbled 8.5 per cent to 3,209.91 at the close. The Hang Seng China Enterprises Index lost 6.5 per cent at 3:08 pm in Hong Kong, heading for its biggest decline since 2011. Futures on the CSI 300 Index fell by the 10 per cent daily limit.
Asian Stocks
Asian stocks were a sea of red Monday, with Shanghai slumping more than eight percent as deepening concerns about China's stalling economy rattled equity investors around the world.
Oil prices fell after slipping below US$40 a barrel for the first time in six years, as weak Chinese manufacturing data deepened worries about the slowdown in the world's number two economy.
Gap-Down Day
Expect another gap-down day for the benchmark Straits Times Index, in reaction to the Dow Jones Industrial Average falling more than 500 points last Friday.
The Asian and emerging markets' equity market correction has now spilled over to the developed markets of the United States and Europe, as well Japan.
Ringgit
The ringgit sank to a fresh all-time low past 3 to the Singapore dollar when markets opened on Monday (Aug 24).
At about 9am, the embattled Malaysian currency was trading down about 0.9 per cent at 3.0049 to the Singdollar, from Friday's close of 2,9760.
Immigration Policies
Whichever option Singapore chooses in tackling the issue of foreign inflows will involve some pain, said Prime Minister Lee Hsien Loong on Sunday in his National Day Rally speech.
He said that there are no easy choices when it comes to immigration and foreigners: close the doors to foreign workers, and the economy will suffer; let too many in, and society will be adversely affected.
Singapore Institute of Technology
The Singapore Institute of Technology (SIT), which now operates from an interim campus at Dover with satellite branches in each of the five polytechnics, will move to a new home in Punggol.
Sunday, August 23, 2015
Australia Coal
Standard Chartered has become the second bank in a week to walk away from a multi-billion dollar Australian coal project, leading environmentalists to claim a major victory in one of the world's top coal-producing nations.
Apple Inc
Apple Inc raised A$2.25 billion (S$2.3 billion) with a debut Australian debt sale that's the largest bond deal ever Down Under by a non-financial company.
Kiyo Parkway Parade
80 Marine Parade
#01-27/28 Singapore 449269
Tel: +65 6348 3549
#01-27/28 Singapore 449269
Tel: +65 6348 3549
Opening Hrs:
1030hr to 2200hr daily
1030hr to 2200hr daily
Saturday, August 22, 2015
1MDB
Switzerland's Office of the Attorney General (OAG) has opened criminal proceedings relating to Malaysia's troubled state investment fund 1Malaysia Development Berhad (1MDB), a spokesman said on Friday.
Dow
The Dow plummeted 531 points, concluding its worst week since 2011. Around the world, major indexes also fell for the week and most are negative for the month.
The Dow fell into correction mode, down 10% from its most recent high point on May 19.
Overseas stock markets' losses were just as bad, if not worse, with some indexes in China and the U.K. stock market all now in correction.
Kiyo Lot One
21 Choa Chu Kang Ave 4
#01-12/13 Singapore 689812
Tel: +65 6468 5079
#01-12/13 Singapore 689812
Tel: +65 6468 5079
Opening Hrs:
1030hr to 2200hr daily
1030hr to 2200hr daily
Friday, August 21, 2015
SG50 Commemorative Notes Sets
The Monetary Authority of Singapore (MAS) made an embarrassing gaffe in the newly-launched SG50 commemorative notes sets by misspelling the name of Singapore's first President Yusof Ishak twice in the packaging.
The name that appears on the folder and in an enclosed booklet, is Yusok Ishak.
Smartphone Sales
A cooling of smartphone sales in China suggests the world's biggest market for the devices has reached a saturation point, posing challenges for manufacturers, a research report said Thursday.
Kiyo JCube
2 Jurong East Central 1
#02-01 Singapore 609731
Tel: +65 6684 2005
#02-01 Singapore 609731
Tel: +65 6684 2005
Opening Hrs:
1030hr to 2200hr daily
1030hr to 2200hr daily
Thursday, August 20, 2015
COE 19 August 2015
Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Wednesday (Aug 19).
For Category A cars, or those 1600cc and below with horsepower not exceeding 130bhp, premiums closed at S$57,498, up from S$56,209 two weeks ago. Premiums for larger and more powerful cars in Category B rose to S$62,140, from S$60,789.
Open category COEs, which can be used for any vehicle type, but end up being used mainly for large cars, rose to S$61,001 from S$57,885.
Motorcycle premiums closed at S$6,112, down slightly from S$6,201 in the last exercise.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$46,501 from S$49,302 in the previous bidding exercise.
USA Consumer Prices
US consumer prices rose slightly in July, extending a slow year-over-year rise since April as the Federal Reserve plans an interest rate increase this year, official data showed Wednesday.
The Labour Department said its consumer price index rose 0.1 per cent in July, slowing from a 0.3 per cent gain in June and the smallest monthly increase since April.
Facebook remains the dominant social network for US Internet users, while Twitter has failed to keep apace with rivals like Instagram and Pinterest, a study showed Wednesday.
The Pew Research Center report found 72 per cent of Americans who are online currently use Facebook, a modest uptick of one percentage point from a year ago and five points higher than in 2012.
Kiyo Hougang Mall
90 Hougang Avenue 10
#01-09 Singapore 538766
Tel: +65 6386 0804
#01-09 Singapore 538766
Tel: +65 6386 0804
Opening Hrs:
1030hr to 2200hr daily
1030hr to 2200hr daily
Wednesday, August 19, 2015
Emerging Market Economies
The significant slowdown in many emerging market economies is a medium-term trend that could persist for years, a senior Moody's analyst said on Tuesday.
Melbourne
Melbourne is the world's most liveable city but conflict and terrorism have led to a fall in global urban living conditions more generally, according to a respected British study published Tuesday.
For the fifth year running, the Australian city came out on top of the annual Liveability Ranking study of 140 cities, conducted by the Economist Intelligence Unit, ahead of Austrian capital Vienna and Vancouver which came out top in 2011.
The survey scores cities on five broad categories: stability; healthcare; culture and environment; education and infrastructure.
Kiyo Bukit Panjang Plaza
1 Jelebu Road
#02-29/30/31 Singapore 677743
Tel: +65 6760 2863
#02-29/30/31 Singapore 677743
Tel: +65 6760 2863
Opening Hrs:
1030hr to 2200hr daily
1030hr to 2200hr daily
Tuesday, August 18, 2015
Factory Activity in New York
Manufacturing activity in New York state plunged to its weakest level in August since 2009 due to steep drops in new orders and shipments, although optimism on future business improved, a New York Federal Reserve survey showed on Monday.
OPEC
OPEC could potentially boost crude oil production to 33 million barrels a day, the most ever, after international sanctions are removed against Iran amid a global supply glut, according to the country's OPEC representative.
Kiyo Bedok Mall
313 New Upper Changi Road
#B1-68 Singapore 467360
Tel: +65 6386 0804
#B1-68 Singapore 467360
Tel: +65 6386 0804
Opening Hrs:
1030hr to 2200hr daily
1030hr to 2200hr daily
Monday, August 17, 2015
Deutsche Lufthansa
Deutsche Lufthansa AG has secured its status as one of a handful of airlines worldwide with an investment grade credit rating following a 500 million-euro (S$783 million) hybrid-bond issue, Standard & Poor's said.
Subscribe to:
Posts (Atom)