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Archive for the ‘Business’ Category
Temasek invests $150M in Nigerian energy company

Temasek invests $150M in Nigerian energy company

(16 April)   The second major acquisition in Africa by Temasek Holdings Pte or one of its units in six months shows the growing interest in a continent where many countries are expanding faster then developed markets. Singapore’s state-owned investment company will buy a stake in Seven Energy International Ltd. for $150... 

Singapore’s property market in a standoff

Singapore’s property market in a standoff

(15 April)   Singapore's property market has entered a standoff between bargain-seeking buyers and developers sticking to their pricing guns, with March's new home sales dropping 83 percent from a year earlier. "Buyers think they can have their cake and eat it," said Alan Cheong, senior director for Singapore at Savills Research.... 

Singapore dollar most vulnerable to US rates

Singapore dollar most vulnerable to US rates

(14 April)   Singapore’s dollar has emerged as Asia’s most-vulnerable currency to prospects of higher U.S. interest rates, driving a gauge measuring the relationship to a record high. The CHART OF THE DAY tracks the Singapore dollar and the benchmark U.S. 10-year yield since April 1995. The lower panel shows the 240-day... 



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