Markets insight

  1. Royal Dutch Shell has restarted its Singapore ethylene cracker following a glitch last week, Reuters said.
  2. Oil prices slipped on concerns over growth in China, the world's largest energy consumer, and signs that global oversupply is curbing Saudi crude exports, said Reuters.
  3. ISEC Healthcare's Malaysian subsidiary has proposed to acquire the entire share capital of Southern Specialist Eye Centre for $12.3 million.
  4. The Singapore Fixed Income index hit a record high last week as bonds kept rallying on reduced expectations of higher interest rates, reported The Business Times.
  5. Property player Oxley Holdings' first-quarter profit rose 246 per cent to $35.1 million, while revenue surged 261 per cent to $433.9 million.
A version of this article appeared in the print edition of The Straits Times on October 20, 2015, with the headline 'Markets insight'. Print Edition | Subscribe