Trends - Singapore - Business Recorder

Singapore

WHO says Indian coronavirus variant found in at least 17 countries

The variant officially known as B.1.617, has been listed by WHO as a 'variant of interest'.
The variant has been found in USA, UK and Singapore.

Published 28 Apr, 2021 11:31am

World

Singapore names new finance minister

SINGAPORE: A top Singapore official who has been tipped as a future premier was named the new finance minister...

Published 24 Apr, 2021 03:21am

Pakistan

China remains top importer among other countries: SBP

The total imports from China during July-February (2020-21) were recorded at $7854.793 million against the $6347.374 million during July-February (2019-20).

Published 07 Apr, 2021 08:15pm

Markets

China's ENN seeks LNG in 10-year purchase tender, first supply in 2022

ENN is the first private Chinese firm to own and operate a major LNG receiving terminal, located in Zhoushan in eastern China's Zhejiang province, just south of Shanghai.

Updated 31 Mar, 2021 01:54pm

World

Malaysia pays Singapore $76mn over rail cancellation

Malaysia paid Sg$102.8 million (US$76.3 million) to Singapore to reimburse costs incurred for the project, both governments said in a joint statement.

Published 29 Mar, 2021 04:53pm

World

Cities worldwide dim lights to mark Earth Hour

Experts believe human activity, such as widespread deforestation, destruction of animals' habitats and climate change, is spurring this increase, and warn more pandemics could occur if nothing is done.

Updated 28 Mar, 2021 05:31pm

World

Singapore foreign minister to visit three Southeast Asian countries

Brunei is currently chair of the 10-member Association of Southeast Asian Nations (ASEAN).

Published 22 Mar, 2021 11:21am

Markets

BOJ widens band around long-term rate target

Under a policy dubbed yield curve control, the BOJ targets short-term interest rates at -0.1% and the 10-year bond yield around 0%. It also buys risky assets such as exchange-traded funds (ETF) as part of efforts to fire up inflation.

Published 19 Mar, 2021 11:24am

Markets

Philippine shares slide on surging infections, region edges higher

Stocks in the trade-reliant economies of South Korea and Taiwan dipped.

Published 15 Mar, 2021 12:14pm

Markets

Asia markets stage rebound after last week's rout

Russia is said to be keen to turn on the taps again but Saudi Arabia prefers the status quo.

Published 01 Mar, 2021 10:37am

Markets

Singapore bank OCBC signals recovery as credit costs ease

Speaking to reporters, Wong said: "It is too early for me to talk about how we are going to utilise our very strong capital but at the moment, we do not have any M&A plan under review."

Published 24 Feb, 2021 12:25pm

Business & Finance

Singapore's Jan headline inflation turns positive after nearly a year

The core inflation measure of the Monetary Authority of Singapore also picked up slightly, but was still down 0.2%, matching economists forecasts.

Published 23 Feb, 2021 11:32am

Markets

Asian markets struggle as inflation worries offset recovery hopes

Bitcoin eased to $57,150, having hit another record high of $58,350 over the weekend, and having passed $1 trillion in market capitalisation.

Published 22 Feb, 2021 09:48am

World

Singapore rolls out new budget boost for virus-hit businesses

More than 40 percent of the funds will go to financing public health and measures to ensure a safe reopening of the economy, he said.

Published 16 Feb, 2021 04:40pm

Markets

Equities rally on pandemic recovery, US stimulus optimism

Sydney, Seoul, Singapore, Manila and Jakarta were also higher. Shanghai and Taipei were closed for holidays.

Published 16 Feb, 2021 10:20am

World

Singapore activist jailed for train protest

They were demanding "justice" for a group of 22 people arrested in 1987 under tough laws that allow for detention without trial.

Published 15 Feb, 2021 04:56pm

Business & Finance

Singapore on path to recovery as fourth-quarter GDP shrinks less than estimated

Gross domestic product (GDP) fell 2.4% year-on-year in the quarter, the ministry of trade and industry said on Monday, versus the 3.8% drop seen in the government’s advance estimate. Analysts had expected a contraction of 3.5%, according to a Reuters poll.

Published 15 Feb, 2021 11:32am

Markets

Asian markets buoyant as US stimulus package debate looms

Spot gold also fell 0.3% Tuesday to $1,854.56 per ounce. US gold futures slumped 0.34% to settle at $1,854.5 per ounce.

Published 02 Feb, 2021 11:55am

Business & Finance

India Insight: Amazon has plenty to fight for

Unlike Vodafone, which also won its case, the oil and gas explorer can afford to play hardball because it is no longer invested in the country.

Published 01 Feb, 2021 11:55am

World

Singapore expresses 'grave' concern over Myanmar situation, urges restraint

Singapore expresses grave concern about the latest situation in Myanmar. We are monitoring the situation closely.

Published 01 Feb, 2021 11:45am

Business & Finance

China's seven-day repo hits near six-year high despite PBOC cash injection

Seven-day reverse repo rate, one of the PBOC's main policy rates, now stands at 2.2%.

Published 01 Feb, 2021 11:28am

Business & Finance

Singapore Dec manufacturing expands 14.3% y/y, beats forecasts

On a month-on-month and seasonally adjusted basis, industrial production increased 2.4% in December. Economists had expected a 0.6% contraction.

Published 26 Jan, 2021 10:32am

Markets

US oil may retest resistance at $52.98

The trend from $53.93 may have reversed. It consists of three waves. The third wave labeled c is roughly equal to the first wave labeled a. This equality confirms the reversal of the trend.

Published 26 Jan, 2021 10:24am

Markets

Iron ore futures retreat as China steel margins weaken

Rebar on the Shanghai Futures Exchange fell 1.2% by 0307 GMT, while hot-rolled coil slumped 1.6%. Stainless steel outperformed with a gain of 0.9%.

Published 19 Jan, 2021 10:38am

Markets

Dollar pokes higher as US soft data sours mood; China GDP in focus

The worldwide coronavirus death toll surpassed 2 million on Friday and the World Health Organization has warned the worst could be ahead.

Published 18 Jan, 2021 12:08pm

World

Testing snag keeps 2 WHO China probe experts in Singapore

"All team members had multiple negative PCR and antibody tests for Covid-19 in their home countries prior to travelling," it said.

Published 14 Jan, 2021 05:51pm

Business & Finance

Singapore Airlines raises $500mn in US dollar debt debut

Singapore Airlines is the first major airline in Asia to tap the global debt markets in 2021, following a rush of deals in the second half of 2020.

Published 14 Jan, 2021 12:03pm

Markets

Singapore bunker fuel sales hit three-year high despite weaker demand

Sales of marine fuels in Singapore, also known as bunkers, in December were at a nine-month high of 4.29 million tonnes.
Despite coronavirus disruptions, container throughput in Singapore registered 36.9 million twenty-foot equivalent units (TEUs) in 2020.

Published 13 Jan, 2021 06:01pm

World

WHO experts to arrive in Wuhan for delayed virus probe

WHO team will leave from Singapore and fly straight to Wuhan, the central city where the first cluster of cases was detected in December 2019.

Published 12 Jan, 2021 05:12pm

World

Bangladeshi migrant worker sues Singapore employer for virus 'imprisonment'

During this time they were only able to use the toilet by calling a guard to come and escort them.

Published 06 Jan, 2021 04:57pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Cotton US¢/pound / Apr 26	81.15
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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