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Posts Tagged ‘27’

Singapore 4Q private property prices rise 2.7% vs 2.9% in 3Q

Singapore’s private residential property prices rose 2.7% in the fourth quarter from the previous three months, slowing from the third quarter’s 2.9% rise, according to final estimates issued by the government Friday.

The fourth-quarter data is in line with the initial estimates published earlier this month.

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Jan. 27, 1967: 3 Astronauts Die in Launchpad Fire

1967: Gus Grissom, Ed White and Roger Chaffee are killed on the launch pad when a flash fire engulfs their command module during testing for the first Apollo-Saturn mission. They are the first U.S. astronauts to die in a spacecraft.
The command module, built by North American Aviation, was the prototype for those that would eventually [...]

Jan 27: Ascendas India, City Developments, Osim

The following companies may have unusual price changes in Singapore trading. Stock symbols are in parentheses, and share prices are from the previous close. Singapore’s Straits Times Index climbed 1.3% to 3,220.78.

Ascendas India Trust (AIT SP): The operator of business parks in India said third-quarter income for distribution fell 7% to $13.2 million from a year ago. The stock gained 0.5% to 96 cents.

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Jan 27: Singapore stocks may rise slightly but Fed weighs; Osim in focus

Singapore shares may open slightly higher on Thursday, following gains on Wall Street overnight, but a tepid view of the economy from the Federal Reserve may weigh on investor confidence.

Singapore’s benchmark Straits Times Index <.FTSTI> rose 1.25% at 3,220.78 points.

Here are some stocks to watch:

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Singapore Airlines to raise fuel surcharge from Jan 27

Singapore Airlines (SIAL.SI) will increase its fuel surcharge for tickets issued on or after Jan 27 as a result of the recent escalation in jet fuel price, it said on Friday.

“The adjustments will offer only partial relief from the higher operating costs rising from increases in the price of jet fuel,” said Singapore Airlines in a statement.

 
The increases will range from US$3($3.86)-US$27($34.7), it said, taking the fuel surcharges to between US$28 to US$232, depending on distance and the class of travel.
 
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Ricky Gervais On NBC “The Office” Jan. 27

Loathe Ricky Gervais the awards show host, but love Ricky Gervais the actor? Well, you’re in luck, the former is making a comeback with the role that made him famous. According to New York Magazine’s Vulture Column, Ricky Gervais will reprise the role of David Brent, from the original UK version of The Office for [...]

Singapore’s 4Q home prices rise 2.7%

Singapore’s private home prices climbed 2.7% to a record in the fourth quarter even as the government introduced more measures to cool the market.

The home-price index climbed to 194.8 points from 189.6 in the three months ended Sept. 30, the Urban Redevelopment Authority said in an e-mailed statement today. That’s the sixth quarter-on-quarter advance.

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Singapore 4Q private home prices up 2.7% vs 3Q

Singapore private-home prices rose 2.7% in the fourth quarter from the previous three months, slowing from the third quarter’s 2.9% rise, according to flash estimates issued by the government Monday.

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27 Amazing Graphic Novels For Readers New To The Genre

So, you want to try comics, but are turned off by the history? You don’t want to memorize 60 years of X-Men characters, or why there have been four different versions of the Legion of Super-Heroes? Luckily, there are a ton of absolutely amazing graphic novels out there, that require no outside knowledge, just an [...]

Dec. 27, 1831: Beagle Sets Sail With a Very Special Passenger

1831: HMS Beagle, a 10-gun, Cherokee-class brig sloop of the Royal Navy’s survey service, sets sail from Plymouth, England on its second voyage as a survey vessel.
On board, at the invitation of Beagle captain Robert FitzRoy, is a young biologist called Charles Darwin. Darwin’s account of The Voyage of the Beagle, published in 1839, establishes [...]

Dec 27: CapitaLand, DBS Group, Mapletree, Olam

Singapore shares may trade range-bound in holiday-thinned trade on Monday, little swayed by Chinese central bank’s second interest rate hike in just over two months in an effort to rein in stubbornly high inflation.

The following companies may have unusual price changes in Singapore trading today, say Bloomberg and Thomson Reuters. Stock symbols are in parentheses, and share prices are from the previous close. Singapore’s Straits Times Index climbed 0.2% to 3,143.80 in holiday shortened trade on Dec 24.

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HLN Tech +2.7% on move into China real estate

HLN Technologies (5HH.SG) +2.7% at $0.380 on above-average volume as the Singapore-based precision components maker seeks to diversify its earnings base by venturing into China’s real estate market.

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Ex-Croatian PM in custody until Dec. 27

Former Croatian PM Ivo Sanader will remain in custody in Austria until December 27 when the Austrian prosecution will hold new press conference.

More details about possible extradition of Sanader to Croatia could be revealed then.

United Engineers +2.7%; Unit listing in focus

United Engineers (U04.SG) +2.7% at $2.67 on potential one-off gain from proposed listing of engineering & construction unit in Singapore.

"This allows them to isolate their property business, which accounts for about 80% of their overall revenue, and concentrate solely on real estate, which they have already been doing for the last few years," says an analyst at foreign brokerage, "listing also allows the engineering and construction business to get its own funding from either the debt or equity markets."

UE has obtained letter of eligibility from SGX to list, intends to retain about 60% of unit post-listing, has engaged OCBC as issue manager.

On pro forma basis, UE’s NTA/share would rise to $3.46 post-listing from $3.33. Immediate resistance at 52-week high of $2.74.

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Qantas to resume flying Airbus A380s from Nov 27

Australian airline Qantas (QAN.AX) will resume flying its Airbus 380 fleet from Saturday after engine inspections concluded the airplane was safe to fly, Chief Executive Alan Joyce said on Tuesday.

Qantas grounded its fleet of six Airbus A380s on Nov 4 after one of its Rolls-Royce (RR.L) engines partly disintegrated mid-flight, forcing a plane with 466 people on board to make an emergency landing in Singapore.

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27% H1 export growth may help India beat FY”11 target: Anand Sharma

Union Commerce and Industry Minister Anand Sharma said here on Sunday that a robust growth of over 27 per cent in exports during the first six months of Financial Year 2010-11 has fuelled hopes that India may cross the trade target of USD 200 billion for the entire fiscal. In April-September this fiscal, Indian exports [...]

See Hup Seng posts 27% fall in 3Q net profit to $1.5m

See Hup Seng, the provider of corrosion prevention services in Singapore and strategic value-added distributor of refined petroleum products in Asia Pacific, today reported that the Group has achieved higher revenue of $47.0 million for the three months ended 30 September 2010 (3Q10).

This represented a year-on-year (y-o-y) increase of 11% from $42.4 million in 3Q09, driven by improved sales performances of both core businesses – Refined Petroleum Distribution (TAT Petroleum) and Corrosion Prevention (CP).

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First Resources off 2.7%; 3Q in line -DBSV

First Resources (EB5.SG) off 2.7% at S$1.42, in line with fellow palm stocks, barring recently sold down Wilmar (F34.SG); First Resources +15.9% since start November to yesterday, so strong 3Q results yesterday largely priced in; 3Q net profit +40.1% on year at US$36.9 million ($47.8 million), +260% on quarter, with revenue at US$88.2 million, +42.9% on year. 

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SembMarine +2.7%; may win 2 big jobs in 4Q -Daiwa

SembMarine (S51.SG) +2.7% at $4.87 as rig builder’s above-view 3Q10 results fuel hopes performance in coming quarters will be just as robust. “While still early days, we believe we may slowly see the return of some orders from U.S. drillers,” says JPMorgan, which has Overweight call with $5.30 target. 

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OCBC reports 27% rise in 3Q net profit of $570m

Oversea-Chinese Banking Corporation (OCBC Bank) today reported a net profit of $570 million for the third quarter of 2010 (3Q10), an increase of 27% from $450 million a year ago.

Earnings growth was underpinned by higher net interest income, strong fee and commission income, and lower credit losses. The 3Q10 results included the consolidation of Bank of Singapore, acquired in January this year.

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