SGX Watch

Archive for February, 2008

SGX Watch: – Stimulus proposal incorporates AH&LA proposal

Friday, February 29th, 2008

Fostoria boys win chase for NOL titleToledo Blade – FOSTORIA – Fostoria’s boys basketball team had everyone in the Northern Ohio League chasing it this season. And why not. The Redmen had Chase Munoz and Chase Brandeberry, who led Fostoria (19-1) to the NOL title and a final ranking of sixth in Source: [...]

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SGX Watch: – On the Move

Tuesday, February 26th, 2008

Fla. St. shaken by fraud scandalChicago Tribune – For guidance throughout the investigative process, Florida State has hired Chuck Smrt, who worked for the NCAA for 17 years and helped coordinate investigations into major infractions cases.Source: www.chicagotribune.com
Seminoles Recommend 2-Year Probation For ViolationsMSNBC – To help in its investigation, FSU hired The Compliance Group, an independent [...]

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SGX Watch: – DREAMTIME.NET CHOOSES GLOBAL VOICE GROUP FOR VOIP SERVICES ROLLOUT

Monday, February 25th, 2008

Business concerns don’t override watchdog role: SGXStraits Times – THE Singapore Exchange (SGX) has refuted a suggestion that, as a listed entity, it might let its commercial objectives take priority over its regulatory functions. It emphasised that its adherence to exacting regulatory standards fosters investor Source: www.straitstimes.com
Omega Navigation Enterprises, Inc. Approves a Shareholder [...]

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SGX Watch: – Rising home prices to boost top Singapore developers

Saturday, February 23rd, 2008

Saturday, May 6 , 2006Tribune – Today, Kwek Leng Beng lives in a mansion close to his younger brother s in a prime area of the city-state and runs an empire of 500 companies worldwide, including listed CityDev, Hong Leong Finance and Hong Leong Asia. Reuters 1,400 [...]

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SGX Watch: – SunTrust Bank Lowers Prime Rate

Tuesday, February 19th, 2008

UPDATE 1-RESEARCH ALERT-Punk Ziegel cuts SunTrust price targetReuters – Feb 11 (Reuters) – Punk Ziegel’s Richard Bove lowered his price target on SunTrust Banks Inc (STI.N: Quote , Profile , Research ) to $69 from $74 and cut his 2008 and 2009 earnings view, saying the bank has lost two years of earnings growth as [...]

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SGX Watch: – FSU places itself on probation; will reduce sports scholarships

Sunday, February 17th, 2008

Singapore’s ComfortDelGro 2007 profit falls 8.8 pctReuters – Shares of ComfortDelGro, which has a market value of $2.4 billion, have dropped 10 percent so far this year, compared to the 11.5 percent fall in the broader Singapore market .FTSTI and the 3 percent rise in smaller domestic rival SMRT (SMRT.SI: Source: www.reuters.com
December sales [...]

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SGX Watch: – Regulation, holding norms hold up SEs Street debut

Sunday, February 17th, 2008

SGX and OMX sign agreement on new clearing system Computer Business Review – Under the agreement Singapore Exchange (SGX) will implement a new system from OMX that will serve as the clearing platform for SGX derivatives, securities and OTC clearings businesses. The implementation of the new clearing system is part of SGX s [...]

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Friday, February 15th, 2008

Singapore’s CapitaLand FY net profit likely more than doubled on one CNBC – SINGAPORE (Thomson Financial) – Singapore-based CapitaLand Ltd, the biggest property developer in Southeast Asia, may have more than doubled its net profit last year due to exceptional gains and strong contributions from its residential property Source: www.cnbc.com
Asian economic [...]

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SGX Watch: – M’sia considers conjugal visits for inmates

Wednesday, February 13th, 2008

Asian Currencies: Korean Won Near Month’s Low as Demand Wanes Bloomberg – We are still upbeat because regional demand and commodity exports will cushion” us from a slowdown in the U.S., said Sia Ket Ee, an economist at OSK Research Sdn. in Kuala Lumpur. The currency traded at 3.2378 per dollar, compared with 3 [...]

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