- Singapore
shares overcame an overnight decline in the US markets to
post a modest gain as the Straits Times Index edged up 0.02
per cent, or 0.75 point, to 3,414.01.
- Shares
of SIIC Environment Holdings rose 6.7 per cent on active
trading after the water treatment company announced an
acquisition of a China-based business in the same industry.
- Crude
futures dipped slightly as ballooning US storage volumes
continued to pressure prices although relatively healthy
demand figures from Europe supported prices.
- Comments
from the US Federal Reserve's vice chairman suggesting
interest rates would rise more slowly than expected put
further downward pressure on the dollar.
- Sino
Construction recorded a S$7 million net loss for its latest
quarter ended Dec 31, 2014, versus a S$2.18 million net gain
in the year ago period.
- ValueMax
Group has decided to expand its business to include
unsecured moneylending and the new
business is complementary to the existing businesses.
- NOL,the shipping company that helped cement Singapore's status as a global trade hub may be shaping up as a takeover candidate.
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