Tuesday, 24 March 2015

Singapore News Updates- 24 March, 2015


  • Shares in the local bourse opened higher with the benchmark Straits Times Index gaining 5.4 points or 0.2 per cent to 3,415.5.
  • Genting Singapore said its indirect wholly-owned subsidiary Resorts World at Sentosa (RWS) has executed an agreement for syndicated senior secured credit facilities worth S$2.27 billion.
  • M1 Limited (M1) and the Maritime and Port Authority of Singapore (MPA) on Monday said they would partner in adopting fourth generation mobile telecommunications technology (4G) broadband for vessels operating within Singapore's port waters.


Singapore Market News Updates - 24 march, 2015



  • Oil prices rose on Monday, rebounding from early losses, as the dollar retreated against the euro.
  • Gold retained gains from a three-day rally to trade near its highest in two weeks, boosted by a weaker dollar and caution from the Federal Reserve on the timing of a possible hike in US interest rates.
  • The Federal Reserve is"widely expected" to begin raising US interest rates this year, with policymakers deciding on subsequent policy tightening or loosening on a meeting-to-meeting basis.

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