SGX to put more safeguards in place for trading in consolidated shares
SGX is introducing added safeguards for the trading of newly consolidated shares, following several error trades and feedback.
It will now display "cum-entitlement" (CE) and "ex-entitlement" (XE) indicators on stock price pages. The indicators will be shown under the "remarks", or RMK, column of the stock price pages.
Singapore's stocks are set for a 15 per cent tumble this year, putting them in the same league as Greece. Baring Asset Management and UBS Group say shares need to get even cheaper before they're prepared to buy
Online recruitment saw no recovery in November, registering an 8 per cent year-on-year fall, according to the latest Monster Employment Index Singapore. Compiled monthly by Monster.com, the index MEI is a gauge of online job posting activities, culled from a large representative of career websites and online job listings across Singapore.
Mainboard-listed Raffles Education has appointed 25-year-old Chew Han Wei - the oldest son of company chairman, CEO and controlling shareholder Chew Hua Seng - to oversee the group's businesses in Europe, including developing a new campus at Nandaz, Switzerland.
Dealmakers celebrating a record year for mergers and acquisitions (M&A) that was bolstered by mega deals are pinning their hopes on a larger number of smaller deals to fuel consolidation in 2016.
Japan's government said on Tuesday (Dec 22) it expects a stimulus package it approved last week to add around 0.6 percentage point to gross domestic product over the next three years due to gains in consumer spending and capital expenditure.
The Federal Reserve is seeking public comment on the standards it would use in requiring the biggest banks to set aside additional capital as a buffer in periods when market risks raise the threat of future losses.