Law Minister K Shanmugam's Facebook post was a response to a Wall Street Journal article about US President Joe Biden commuting the death sentences of 37 inmates Law and Home Affairs Minister K Shanmugam said on Sunday that personal feelings are "set aside" to protect the majority of people in Singapore when it comes to the death penalty.
The outcome here left the Straits Times Index (STI) down a chunky 1.6 per cent or 61.04 points to 3,801.56, with the banks taking a major hit. Losers outnumbered gainers 346 to 192 on trade of 898.6 million securities worth $1.2 billion.
The Singapore stock market has finished lower in four straight sessions, giving away almost 100 points or 2.6 percent along the way.
ASIAN markets extended a global rally on Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year. Read more at The Business Times.
Non-oil domestic exports from the Southeast Asian trading hub grew 9.0% from a year ago last month, Enterprise Singapore said Friday. That compared with the median estimate for a 7.85% increase projected by eight economists polled by The Wall Street Journal, and November's 3.4% growth.
This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets opened mixed Tuesday after a mixed session on Wall Street that saw the Dow soar and the Nasdaq slip as investors rotated out of tech stocks.
Sunway Healthcare Group has hired banks, including CIMB and Malayan Banking Bhd , to work on a more than 3 billion ringgit ($675 million) Malaysian initial public offering, two sources with knowledge of the matter said.
While ByteDance has said they do not plan to sell their TikTok US operations, this has not stopped potential buyers from lining up to bid.
The Singapore stock market has ticked lower in two straight sessions, slipping more than 15 points or 0.4 percent along the way. The
The impact of the pandemic has started to recede, with Las Vegas Sands witnessing a recovery in key markets driven by pent-up demand and a resurgence in tourism
By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) -The dollar rebounded sharply on Tuesday after plunging hours earlier as Donald Trump's first day back in the U.S. presidency brought mixed