Singapore shares may open lower on Wednesday, hurt by data that showed Japanese industrial output and household spending fell in November.
Singapore’s benchmark Straits Times Index <.FTSTI> dropped 0.11% on Tuesday to 2,673.62 points. Here are some stocks and factors to watch:
Singapore’s benchmark Straits Times Index <.FTSTI> dropped 0.11% on Tuesday to 2,673.62 points. Here are some stocks and factors to watch:
Chinese shipbuilder Cosco Corp on Tuesday announced a contract to convert a large crude carrier tanker to a floating production storage and offloading (FPSO) vessel that will be deployed off Brazil.
Hyflux said on Tuesday it had agreed to inject two water treatment plants in China to Galaxy NewSpring, a 50-50 joint venture between the company's subsidiary and Mitsui & Co, for US$41.2 million ($53.4 million).
Midas Holdings said on Tuesday it had won three new contracts worth a total of 142.2 million yuan ($29.2 million) to supply aluminium products for train cars in China and Brazil.
An independent investigation by NTan Corporate Advisory found a total of HK$777 million ($129.3 million) of unaccounted cash balance at Singapore-listed Fibrechem Technologies, as well as financial and accounting misstatements over an extended period of time, among other issues.
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