Market highlights

1 The oil market may be starting to rebalance as the US output shows signs of falling and output in Nigeria and Kurdistan is disrupted, potentially cutting global oversupply, wrote Goldman Sachs.

2 Gold dropped from a one-year high as gains in stocks and the US dollar cut demand for a safe haven in the aftermath of more European Central Bank stimulus, Bloomberg reported.

3 Deutsche Bank, which runs Europe's biggest investment bank, cut its bonus pool by 11 per cent after legal fees hurt earnings last year. Volatility in financial markets means the first quarter may be challenging, said Bloomberg.

4 Yamada Green Resources is acquiring an office unit at 20, Cecil Street for $1.65 million to facilitate the company's operations and for investment purposes.

5 Local movie producer mm2 is offering shareholders up to 250 tickets for a Karen Mok show. It wants investors, who must have at least 5,000 shares, to better understand the concert promotion business here.

A version of this article appeared in the print edition of The Straits Times on March 12, 2016, with the headline '1 2 3 4 5 Market highlights'. Print Edition | Subscribe