Penny stock mystery increases pressure on SGX
Is SGX culpable for the penny stock crash?SINGAPORE Oct 28 (Reuters) - Singapore Exchange Ltd 's role as the city-state's equity market regulator is coming under increasing scrutiny in the fall-out from a penny stock crash earlier this month. The sudden implosion of Blumont Group Ltd, LionGold Corp, and Asiasons Capital Ltd...
SGX seeks high-frequency traders
Does SGX know what it is letting itself in for with high-frequency trading? (Bloomberg, Oct 28) Singapore Exchange Ltd. (SGX), Southeast Asia’s biggest bourse operator, wants to lure more high-speed traders onto its stock market as it grapples with lower volume. Computerized trading firms, which execute transactions in fractions...
Property investors cooled by Singapore moves
The Singapore government may have achieved its objective to cool the island's property market. (27 Oct) - MALAYSIAN Ann Tan relocated to Singapore last July. She was granted permanent residence status in June this year and aspires to have her own place instead of renting. She hopes to earn enough to afford a S$1mil apartment...
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