Total bank lending in Singapore rose 2.0% to $309.41 billion in September from $303.12 billion in August, central bank data showed on Friday.
Housing loans to consumers rose 1.7% to $106.87 billion from $105.08 billion in August.
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Posts Tagged ‘2’
Motorola Droid X, Droid 2 Lead to $109M Profit
October 28th, 2010 |
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Motorola’s Android-based Droid X and Droid 2 helped buoy the phone maker to a $109 million profit for the third quarter. Revenues hit $4.9 billion, up 13 percent from Q3 2009. – Motorola’s bet on Google’s Android operating system paid
off again in the third quarter, as the company reported a $109 million profit
well above the $12 million earned in the year-ago quarter.
The phone maker’s revenues hit $4.9 billion, up 13 percent from a
year-ago. Motorola’s stock rose to $…
Las Vegas Sands beats estimates on Asia Casino growth: Update 2
October 28th, 2010 |
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Las Vegas Sands Corp., the U.S. casino company expanding in Asia, reported third-quarter earnings that topped analysts’ estimates after it opened a Singapore resort and benefited from Macau’s gambling growth.
Profit excluding some items was 34 cents a share, more than the 24-cent average of 21 analysts’ estimates compiled by Bloomberg. Hong Kong-listed unit Sands China rose the most in more than three weeks.
Yangzijiang Shipbuilding hedges for 3% yuan advance: Update 2
October 27th, 2010 |
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Yangzijiang Shipbuilding Holdings, China’s third-largest shipyard outside state control, is basing currency-hedging on the yuan gaining 3% a year in expectation the government will prevent rises above that pace.
“Appreciation is inevitable because of China’s trade imbalance, but the rate won’t be as rapid as the Americans and other countries are expecting,” Chairman Ren Yuanlin said yesterday in an interview in Singapore. “Three% a year is a scenario we can live with.”
Cutting Complexity and Improving Business Part 2
October 26th, 2010 |
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The IT organization in any major business today has to grapple with an infrastructure that evolved haphazardly over years. Acquisitions, expansions, and new business ventures created an agglomeration of operating systems, platforms, software packages, and management tools. Reducing this complexity and standardizing the infrastructure and systems in your company can save a tremendous amount of time and money, plus free up IT staff to focus on innovation instead of maintenance. This video features Cambridge Consultants’ new healthcare platform called Vena. Vena promises to soon revolutionize the healthcare industry with regard to patient care, streamlining business and providing a single point of reference for medical records. Cambridge Consultants also discuss and demo its new healthcare products that will run on Vena, including a Bluetooth-enabled inhaler, a Bluetooth-enabled scale, and a Bluetooth-enabled data device, among others. Stephen Wellman, SVP of Community and Content for Ziff Davis Enterprise, also discusses how this new platform can help medical offices, hospitals, and private care providers cut complexity, streamline their operations, and above all, improve patient care.
– Video Content.
Yongnam secures 2 contracts worth $56.5m for MRT Downtown Line 2
October 26th, 2010 |
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Yongnam Holdings, the structural steel contractor and specialist civil engineering solutions provider, says the group has been awarded its third and fourth contracts for the MRT Downtown Line 2 (DTL 2) valued at $56.5 million.
Seow Soon Yong, Chief Executive Officer of Yongnam, says: “We are heartened by these contract wins as they serve as testaments to the confidence that our business partners have in us. We will leverage on our expertise and technical know-how in this area to further enhance our track record in the business.”
Suntec REIT to acquire one-third interest in Marina Bay Financial Centre Towers 1 and 2, the …
October 26th, 2010 |
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ARA Trust Management (Suntec), as manager of Suntec Real Estate Investment Trust (Suntec REIT), says HSBC Institutional Trust Services (Singapore), as trustee of Suntec REIT, has entered into a conditional share purchase agreement with Choicewide Group, Cavell Limited and Hutchison Whampoa Properties to acquire a one-third interest in Marina Bay Financial Centre Towers 1 and 2, the Marina Bay Link Mall and 695 car park lots through the acquisition of one-third of the issued share capital of BFC Development.
Singapore Exchange offers $10.7b to buy ASX: Update 2
October 25th, 2010 |
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Singapore Exchange agreed to buy ASX, Australia’s main stock-exchange, for A$8.4 billion ($8.3 billion) in cash and shares in a drive to compete with Hong Kong and Tokyo.
The operator of Singapore’s stock market is offering A$48 ($61.7) per ASX share, 37% more than the company’s last price on Oct. 22, the companies said. Shares in ASX closed below the offer price at A$41.75 on concern the deal may not be approved by Australia’s government or regulators. The two exchanges will remain separate legal entities and be regulated locally.
Singapore Exchange offers $10.7b to buy ASX: Update 2
October 25th, 2010 |
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Singapore Exchange agreed to buy ASX, Australia’s main stock-exchange, for A$8.4 billion ($8.3 billion) in cash and shares in a drive to compete with Hong Kong and Tokyo.
The operator of Singapore’s stock market is offering A$48 ($61.7) per ASX share, 37% more than the company’s last price on Oct. 22, the companies said. Shares in ASX closed below the offer price at A$41.75 on concern the deal may not be approved by Australia’s government or regulators. The two exchanges will remain separate legal entities and be regulated locally.
Singapore Exchange agrees to buy ASX for $10.7b: Update 2
October 25th, 2010 |
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Singapore Exchange agreed to buy ASX, Australia’s main stock-exchange operator, for A$8.4 billion ($10.7 billion) in cash and stock in a bid to tackle increasing competition.
The operator of Singapore’s stock market is offering A$48 ($61.6) per ASX share, 37% more than the company’s last price on Oct. 22, the companies said at press briefings in Sydney and Singapore. The combination, which requires regulatory approval, would be the first between two exchange companies in the Asia- Pacific region and will create the world’s fifth-largest exchange company by market value.
Singapore, Australia bourses in merger talks: Update 2
October 22nd, 2010 |
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The Singapore Exchange <SGXL.SI> (SGX) and Australia’s ASX Ltd <ASX.AX> are in merger talks, reports said, a move aimed at fighting growing competition from newer trading systems and cutting the Hong Kong bourse’s widening, China-fuelled lead.
Shares of SGX and ASX, Asia’s second- and third-largest listed bourses, were both placed on a trading halt on Friday pending an announcement. The ASX said it was in talks with another party about a possible business combination but declined to elaborate.
HP WebOS-Powered Palm Pre 2 Sports 10 Key Features
October 21st, 2010 |
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Hewlett-Packard Oct. 19 offered the first indication of what it will do with its Palm assets and talent with the introduction of HP WebOS 2.0 and the Palm Pre 2 smartphone, which will be available Oct. 22 in France from SFR and in the United States from Verizon Wireless in the coming months. Pricing is not yet available for the device, which sports a 3.1-inch multitouch screen with a 320-by-480-resolution HVGA display and slide-out QWERTY keyboard. HP bought struggling Palm for $1.2 billion in April, sparking speculation about whether HP would force Palm to scrap its phones and make just tablet computers with WebOS. HP’s introduction of the Palm Pre 2 is proof positive that the company intends to vie for market share against Research In Motion’s BlackBerry devices, Apple’s iPhone and smartphones based on Google’s Android operating system. In this slide show eWEEK lists 10 key features of the Palm Pre 2, based on WebOS 2. – …
Online TV Trivia Games Part 2 Posted By : Paddy Chang
October 21st, 2010 |
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Live Internet TV | Online TV technology allows you to watch over 4,500 HD channels right on your PC.
How to Play PlayStation 2 Games Online on Your TV? Posted By : Paddy Chang
October 21st, 2010 |
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Live Internet TV | Online TV technology allows you to watch over 4,500 HD channels right on your PC.
1 of the 2 Administrative Judges at the Commodity Futures Trading Commission Vowed NEVER to Let a Complainant Win. He’s Kept His Promise for 20 Years
October 20th, 2010 |
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The Commodity Futures Trading Commission (CFTC) is an important agency. It is largely responsible for regulating derivatives and other important instruments.It is supposed to prevent and prosecute fraud.So it is stunning that one of the two administra…
Internet User Population to Hit 2 Billion by End of 2010: Survey
October 20th, 2010 |
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A third of the world’s population is expected to have some form of Internet access by the end of 2010, according to a survey. The gap between that haves and have-nots remains wide. – By the end of 2010, there will be 2 billion Internet users worldwide,
according to a report issued by the International Telecommunication Union, a
United Nations agency.
The report quot;The
World in 2010: ICT facts and figures, quot; released on Oct. 20, found the
number of Internet users wor…
Temasek exits Hana in stake sale worth up to $841m: Update 2
October 20th, 2010 |
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Singapore state investor Temasek Holdings (TEM.UL) is selling its entire 9.6% stake worth up to US$643 million ($841 million) in South Korea’s Hana Financial Group Inc (086790.KS), a term sheet obtained by Reuters showed.
Both Hana and Temasek had no immediate comment on the proposed sale, but the deal comes as Temasek had agreed to support a US$5.3 billion rights offering by Standard Chartered.
GCI eyes at least 2 Japan hedge fund launch next year
October 20th, 2010 |
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Japan investment firm GCI Asset Management, which launched a commodities hedge fund in Singapore earlier this year, hopes to establish and seed at least two more funds from promising Japanese managers next year, a company executive said on Wednesday.
GCI, which was founded in Tokyo in 2000, currently manages a total of about 31.5 billion yen ($508.8 million). Besides fund management, it also provides investment advisory services.
HP Palm Pre 2 with WebOS 2.0 Confirmed for Verizon Wireless
October 19th, 2010 |
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HP has introduced WebOS 2.0, a "significant" update to the Palm OS. It will debut on the new Pre 2 smartphone on the Verizon Wireless network in "the coming months." – Hewlett-Packard has introduced WebOS 2.0, the long-promised update to the
open source OS it acquired during its $1.2 billion acquisition of Palm in July.
Additionally, HP, which has been keen
to rejoin the lucrative smartphone market, introduced the Palm Pre 2 a
speedier, updated version of the …