SGX Market Updates

2022-03-01 06:45:33 Asia factory activity grows but Ukraine crisis clouds outlook
https://www.straitstimes.com/business/economy/asia-factory-activity-grows-but-ukraine-crisis-clouds-outlook

March 01, 2022 11:35 AM

TOKYO (REUTERS) - Asia's factories sustained a brisk recovery in February amid signs the Covid-19 pandemic was having less of an impact of business, but the Ukraine crisis has rapidly emerged as a fresh risk that could disrupt supply chains and worsen cost pressures. Open / Comment

2022-03-01 06:44:33 Western companies' pullout from Russia set to accelerate after Shell, BP exits
https://www.straitstimes.com/business/economy/western-companies-pullout-from-russia-set-to-accelerate-after-shell-bp-exits

March 01, 2022 11:29 AM

(REUTERS) - More Western companies are expected to pull out of Russia on Tuesday (March 1), as corporations and investors across industries follow the lead of energy firms BP and Shell that abandoned multi-billion-dollar positions after the invasion of Ukraine. Open / Comment

2022-03-01 03:47:05 Medtecs full-year profit tumbles 87% to US$17.3m on lower PPE, face mask demand
https://www.businesstimes.com.sg/companies-markets/medtecs-full-year-profit-tumbles-87-to-us173m-on-lower-ppe-face-mask-demand

PROTECTIVE gear manufacturer Medtecs International on Tuesday (Mar 1) posted a net profit of US$17.3 million for the full year ended Dec 31, 2021, 87 per cent lower than the US$131.7 million posted in the year-ago period. Open / Comment

2022-03-01 03:46:05 OCBC unit sells private market feeder funds for US$5m
https://www.businesstimes.com.sg/companies-markets/ocbc-unit-sells-private-market-feeder-funds-for-us5m

BANK of Singapore (BOS), a wholly-owned subsidiary of OCBC, has sold all its management shares in 2 private market feeder funds for US$5 million, it said on Tuesday (Mar 1). Open / Comment

2022-03-01 03:45:09 Russian oligarchs see $113 billion wealth wipeout as they move private jets, yachts
https://www.straitstimes.com/business/companies-markets/russian-oligarchs-see-113-billion-wealth-wipeout-as-they-move-private-jets-yachts

March 01, 2022 8:22 AM

Russia's billionaires are starting to feel the heat from sanctions inflicted after Putin's decision to invade Ukraine. Open / Comment

2022-03-01 03:45:05 Golden Agri-Resources H2 profit up 71.2% to US$323m
https://www.businesstimes.com.sg/companies-markets/golden-agri-resources-h2-profit-up-712-to-us323m

GOLDEN Agri-Resources on Tuesday (Mar 1) posted a 71.2 per cent growth in net profit to US$323 million for the second half ended Dec 31, 2021, up from US$188.6 million in the corresponding year-ago period. Open / Comment

2022-03-01 03:44:09 Rouble-crypto trading soars as sanctions hit Russian currency
https://www.straitstimes.com/business/companies-markets/rouble-crypto-trading-soars-as-sanctions-hit-russian-currency

March 01, 2022 7:49 AM

LONDON (REUTERS) - Trading volumes between the Russian rouble and the Tether cryptocurrency spiked sharply on Monday (Feb 28) as the local currency tumbled to a record low on Western sanctions, data shared with Reuters showed. Open / Comment

2022-02-26 04:37:53 Dow posts biggest gain since Nov 2020 as Wall St rebounds second day
https://www.straitstimes.com/business/companies-markets/dow-posts-biggest-gain-since-nov-2020-as-wall-st-rebounds-second-day

February 26, 2022 6:35 AM

Oil prices fell below US$100 a barrel, easing some concerns about higher energy costs. Open / Comment

2022-02-26 04:36:53 Finance sector firms working to tap local talent pool, but need foreign staff to fill gaps in senior and tech roles
https://www.straitstimes.com/business/finance-sector-firms-working-to-tap-local-talent-pool-but-need-foreign-staff-to-fill-gaps-in-senior-and-tech-roles

February 26, 2022 5:00 AM

SINGAPORE - The move to increase the minimum salaries of foreigners in the finance sector will put pressure on employers to train more locals to fill the roles. Open / Comment

2022-02-26 02:39:32 Why NTUC Enhanced Incomeshield Preferred and Classic Rider Were the Only Health Insurance Affected By Recent Premium Increases.
https://investmentmoats.com/budgeting/insurance/ntuc-enhanced-incomeshield-preferred-classic-rider-premium-increases/

NTUC Income’s hospital and surgical plans, also known as shield plans, are probably one of the most popular shield plans out there. Perhaps they are …
The post Why NTUC Enhanced Incomeshield Preferred and Classic Rider Were the Only Health Insurance Affected By Recent Premium Increases. (https://investmentmoats.com/budgeting/insurance/ntuc-enhanced-incomeshield-preferred-classic-rider-premium-increases/) appeared first on Investment Moats (https://investmentmoats.com/). Open / Comment