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SINGAPORE shares ended marginally higher on Wednesday (Mar 20), despite an overnight rally on Wall Street that saw the S&P 500 hitting a record high.
THE yen fell to the weakest level since 2008 against the euro on speculation the Bank of Japan (BOJ) will keep its monetary policy accommodative even after it ended the world’s last negative-interest-rate policy on Tuesday (Mar 19).
THE chief executive officer (CEO) of Prime US Reit’s : OXMU -0.83% manager, Harmeet Singh Bedi, will resign from his role at the end of March, a little over a year after assuming his appointment. He will be replaced by Rahul Rana, who is a shareholder of the Reit’s sponsor.
THE Bank of Japan (BOJ) announced a seismic change in direction on Tuesday (Mar 19), hiking interest rates for the first time in 17 years.
MIZUHO Financial Group said on Tuesday (Mar 19) it plans to raise interest rates on ordinary yen deposits for the first time in 17 years after the Bank of Japan ended eight years of its unorthodox negative interest rate policy.
JPMORGAN Chase & Co unexpectedly lifted its dividend 9.5 per cent in the wake of a record annual profit and as regulators signal they may rethink proposals for tightening capital rules.
https://www.businesstimes.com.sg/singapore/as-growth-gets-harder-to-achieve-singapore-must-transform-innovate-and-be-a-global-asia-node-dpm-heng
https://sg.news.yahoo.com/india-regulator-asks-small-mid-084643127.html
https://thesmartinvestor.com.sg/4-singapore-blue-chip-stocks-announcing-higher-profits-and-dividends/