THE markets expect the European Central Bank (ECB) to widen negative interest rates, currently at -0.3 per cent. The bet is for at least a further -0.1 percentage point, while the ECB could accelerate quantitative easing (QE) by raising the monthly purchases of European bonds from 60 billion euros (S$91 billion) to 70 billion euros.
Dolphin Geophysical liquidation begins
The liquidation of Singapore-based Dolphin Geophysical Pte Ltd has commenced and the preliminary signs are the proceeds may fall far short of the outstanding liabilities of the Singapore business unit of the now bankrupt Norwegian seismic player, Dolphin Group ASA.
SMEs 'at an inflexion point'
THE president of the Association of Small and Medium Enterprises (ASME) has warned that smaller businesses in Singapore, the bulk of which are in traditional businesses, might be in danger of being run to the ground.
Keeping the powder dry for off-budget measures
FOR all the attention that the coming Budget statement is getting, it is the off-budget measure that sometimes carries the most punch.
OSIM founder Ron Sim makes offer to take firm private
AS OSIM International's share price plunged over the past year, privatisation looked more and more attractive to founder and chief executive Ron Sim, even though he gave non-committal replies to anyone who asked. And then, he finally pulled the trigger.
TODAY’s brief, Tuesday, March 8
Second report on MH370
The second interim report on missing Malaysia Airlines Flight 370 will be released on Tuesday on the two-year anniversary of its disappearance. The first interim report into the Beijing bound plane, which disappeared after taking off…
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1985: Stock exchange standstill and recession
The collapse of Pan-Electric Industries is arguably one of the most important events in the history of the Singapore stock market.
CMA CGM expects market-beating container volumes again this year
PARIS, March 7 – French-based CMA CGM,
the world’s third-largest container shipping firm, said on
Monday it expects its volume growth to outperform the market
again in 2016 after strong expansion last year helped it cushion
a slide in freight rates.
CMA CGM,…
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Healthcare experts call for boost to long-term care schemes
The Government has launched an array of healthcare schemes in the past few years, but experts say more can be done for long-term care.
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