Market highlights

1. Denmark's Danske Bank, which this year surpassed Germany's Deutsche Bank in market size, has "no plans to introduce negative rates" to private customers, chief financial officer Henrik Ramlau-Hansen told Bloomberg.


2. China's bad-loan problems are not as serious as Hayman Capital Management's Mr Kyle Bass had claimed earlier this month, said investment bank China International Capital Corp, Bloomberg reported.


3. Property and precision firm Regal International expects a loss for the financial year ended Dec 31 owing to the impairment of goodwill after the reverse takeover of Hisaka Holdings and a fall in revenue from its property business.


4. Chip Eng Seng has dropped a plan to spin off its construction business units and list them on the Singapore Exchange's mainboard. The firm cited factors including prevailing market conditions.


5. Shares in Technics Oil & Gas resumed trading yesterday after it said negotiations to sell some of its assets, as well as separate talks on a reverse takeover, did not lead to definitive agreements.

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A version of this article appeared in the print edition of The Straits Times on February 16, 2016, with the headline Market highlights. Subscribe