Singapore stocks fell Wednesday amid investor anxiety over a plunge in Chinese stocks the day before and on Wall Street overnight, but erased some of their losses in afternoon trading.
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Internet search company Google Inc. plans to open a research and development center in Singapore, its first in Southeast Asia, a newspaper reported Tuesday.
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The Thai military is pushing to regain control of a phone company sold to Singapore by former Thai leader.
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(RTTNews) - The Singapore dollar slipped against the euro in trading on Tuesday morning, sliding to a mark of 2.0173. Overall, the currency is in a two week range. Against the dollar, the Singapore currency rose to a mark of 1.5251 in mid-morning action.
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Singapore shares ended sharply lower on Tuesday in a broad-based market correction after months of strong gains. The benchmark Straits Times Index fell 75.9 points, or 2.3 percent, to 3,232.02.
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Singapore’s benchmark Straits Times Index was down more than 4 percent Wednesday in a panicked reaction to dives on Wall Street and China’s market.
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Singapore has warned Genting International that there is no guarantee it will qualify for a gaming license despite its winning bid to build a casino resort — the latest sign of concern over Genting’s ties with a Macau gaming tycoon.
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According to recent reports, Google is preparing to invade Singapore (in a friendly, build-a-research-and-development-center kind of way). This center would be the company’s first such establishment in Southeast Asia, although Google has yet to officially confirm the reports. Real estate agents in Singapore might want to prepare their presentations just the same. As reported by TechWhack’s …
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