The benchmark index has pared all of its earlier gains (3207 intraday high) and a lower close is on the cards as caution remains amid lingering worries over the impact of Chinese monetary tightening, and ahead of the FOMC meeting tomorrow in the U.S., analysts say.
The notes may be priced to yield around the 4.75% area, the person said, asking not to be identified as details are private.
Learn how the different internet browsers stack up in a real-world benchmark. Though not surprising, the results are nonetheless interesting.
The Monetary Authority of Singapore said $4.118 billion worth of bids were received in the auction for $2 billion of bonds.
Singapore state investor Temasek Holdings (TEM.UL) is looking to sell sterling-denominated bonds, its first issue in the British currency, to diversify its funding sources, people with knowledge of the deal told Reuters.
Temasek plans a benchmark issue, industry jargon for an issue equivalent to at least US$500 million ($690 million), and is in the process of sounding out potential investors through UBS (UBSN.VX), Deutsche Bank (DBKGn.DE) and HSBC (HSBA.L), the sources said.
Singapore’s benchmark Straits Times Index fell 1.95% to 2,751.88 points yesterday.
Singapore stocks are expected to trade lower, weighed down by concerns about the euro zone’s debt woes and the outlook for the global economy following last week’s weak US jobs data.
Singapore’s benchmark Straits Times Index rose 1.7% to 2,696.02 points on Wednesday.
Singapore stocks are expected to face selling pressure on Thursday following an overnight drop on Wall Street that sent the Dow Jones industrial average below the 10,000 level for the first time since Feb 8.
Singapore’s benchmark Straits Times Index (.FTSTI) rose 0.77% to 2,896.43 points. US stocks rose to a new 17-month high last night after the Federal Reserve held benchmark rates near zero and maintained its pledge to keep them low for an extended period.
Database giant Oracle is fined $10,000 and directed to take corrective action after running an ad in The Wall Street Journal and The Economist making a claim without registered proof in relation to a published TPC-C performance result from IBM.
– Claims in advertising, no matter how outlandish they may seem, go
unchallenged or are simply shrugged off every day as a normal part of
capitalist culture.
However, this isn’t the case with the TPC (Transaction
Processing Performance Council), a nonprofit that checks on claims made in
adver…
The Standard Performance Evaluation Corp. has formed a new working group to develop standard methods of measuring performance for typical middleware, database and hardware deployments of applications based on the service-oriented architecture.
– The Standard Performance Evaluation Corp.
has formed a new working group to develop standard methods of measuring
performance for typical middleware, database and hardware deployments of
applications based on the service-oriented architecture.
SPEC member companies that have so far
committed t…
