How To Trade Singapore"s Stock Market In This Panic

Singapore’s financial markets have been shaken in the past few weeks along with many other Asian and emerging markets. Interestingly, Singapore’s rout began just days after I published my report about Singapore’s bubble economy (I’m not saying that it was the reason for the decline).In my last report, I focused on Singapore’s economy itself, and in this piece, I will perform a basic technical analysis of Singapore’s Straits Times (STI) stock index. The STI is currently trading at 3,027, which places...

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1500 to be invited to Istana as Singapore honours pioneer generation

SINGAPORE: Prime Minister Lee Hsien Loong said about 1,500 Singaporeans will be invited to an Istana function on February 9 as the country honours its pioneer generation.Mr Lee said those invited to the function have made significant contributions to nation building.He was speaking to reporters after visiting the Queenstown Neighbourhood Police Centre and Alexandra Fire Station on Friday morning.The Istana guest list will include former political leaders, community leaders and also ordinary Singaporeans from different professions. Others include those from the pioneer batches of uniform groups...

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Singapore"s first Year of the Horse babies

Three baby boys were born at the stroke of midnight, making them Singapore’s firstborns in the Year of the Horse.PHOTOS VIDEOS Parents Dennis Tee and Lee Bab Ing with their second child. SINGAPORE: It was an abundant start to the Lunar New Year for three Singaporean couples, as they welcomed Singapore’s firstborns in the Year of the Horse. The babies, all boys, were born at the stroke of midnight.They were born at Raffles Hospital and Parkway East Hospital.Two simultaneous births took place at Raffles Hospital which welcomed the baby boys, Ashden Tee and Keefe Gan, who weighed in at 3.72...

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Video: Rendezvous" refreshed Singapore hotel launched

Video: Rendezvous’ refreshed Singapore hotel launched[Thu 23/01/2014 11:40:54] By JAMES WILKINSON IN SINGAPORE Far East Hospitality has unveiled the new-look Rendezvous Hotel Singapore, one that’s set to be a benchmark for the group in Asia and Australia. The property, formerly known as Rendezvous Grand Hotel Singapore, was taken over by Far East in mid-2013 as part of the company’s joint venture with Straits Trading and subsequently given a new look and name. A Club Room at Rendezvous Singapore...

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Hotel transaction volumes in Singapore soared 415.6%

Here are its two biggest sales. According to Savills, investment sales in Singapore and Japan increased, with transaction volumes surging 415.6% and 34.9% respectively year-on-year (YoY). Singapore witnessed S$606 million (US$483.41 million) worth of investment transactions in Q4/2013, with two hotel sales, bringing the total for 2013 to 11 hotels and an investment volume of S$2.45 billion (US$1.96 billion), 4.15 times higher than the total volume for 2012. In the largest deal of 2013, The Westin Singapore, located in Asia Square Tower 2 at Marina Bay, was sold to Japan-based Daisho Group from...

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Video: Rendezvous" refreshed Singapore hotel launched

Video: Rendezvous’ refreshed Singapore hotel launched[Thu 23/01/2014 11:40:54] By JAMES WILKINSON IN SINGAPORE Far East Hospitality has unveiled the new-look Rendezvous Hotel Singapore, one that’s set to be a benchmark for the group in Asia and Australia. The property, formerly known as Rendezvous Grand Hotel Singapore, was taken over by Far East in mid-2013 as part of the company’s joint venture with Straits Trading and subsequently given a new look and name. A Club Room at Rendezvous Singapore...

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Las Vegas Sands Misses on Earnings, Sales; Up Y/Y

Las Vegas, Nev.-based casino and hotel operator,Las Vegas Sands Corp. (LVS ) posted dismal fourth quarter 2013 results with both the top and bottom lines missing the Zacks Consensus Estimate. However, earnings and revenue grew year over year. Adjusted earnings of 72 cents per share increased 33.3% year over year driven by year over year growth in revenues. However, it missed the Zacks Consensus Estimate of 85 cents by 15.2%, which we believe was due to higher expenses. Adjusted earnings exclude pre-opening expense, development expense, impairment loss, gain or loss on disposal of assets, loss...

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Las Vegas Sands Misses on Earnings, Sales; Up Y/Y

Las Vegas, Nev.-based casino and hotel operator, Las Vegas Sands Corp. (LVS) posted dismal fourth quarter 2013 results with both the top and bottom lines missing the Zacks Consensus Estimate. However, earnings and revenue grew year over year. Adjusted earnings of 72 cents per share increased 33.3% year over year driven by year over year growth in revenues. However, it missed the Zacks Consensus Estimate of 85 cents by 15.2%, which we believe was due to higher expenses. Adjusted earnings exclude pre-opening expense, development expense, impairment loss, gain or loss on disposal of assets, loss...

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Las Vegas Sands Corp. (LVS): New Analyst Report from Zacks Equity Research

Summary: Las Vegas Sands Corp.’s fourth quarter 2013 earnings and revenuesmissed the Zacks Consensus Estimate by 15.2% and 1.6%, respectivelydue to weak results at Marina Bay Sands, Singapore and higherexpenses. However, the top and bottom lines were up 18.8% and 33.3%year over year driven by strong Macao revenues. Mass gaming andnon-gaming revenues proved to be major contributors the top line.Going forward, we believe that the company’s high gaming potentialin prime locations of Las Vegas, Macao and Singapore will help thecompany to continue to gain major market share. Moreover, thecompany’s...

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Las Vegas Sands Profit Up 33%

Resorts and casino operator Las Vegas Sands Corp. (LVS: Quote), Wednesday reported a 33 percent jump in fourth-quarter profit, mainly on growth in Macau and Las Vegas operations, while its properties in Singapore were a cause for concern. Quarterly earnings topped Wall Street estimates, but revenue came in short of expectations.“The focused and consistent execution of our global growth strategy, which leverages the power of our convention-based Integrated Resort business model, is clearly being...

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Las Vegas Sands' CEO Discusses Q4 2013 Results

Start Time: 16:37End Time: 17:46Las Vegas Sands Corp. (LVS)Q4 2013 Earnings Conference CallJanuary 29, 2014 02:30 PM ETExecutivesSheldon Gary Adelson – Chairman and CEOMichael Alan Leven – President and COORobert G. Goldstein – President – Global Gaming OperationsDaniel J. Briggs – Vice President of Investor RelationsAnalystsJoe Greff – JPMorgan Chase Co.Jon Oh – CLSAShaun Kelley – BofA Merrill Lynch, Research DivisionFelicia R. Hendrix – Barclays Capital, Research DivisionSteven Wieczynski – Stifel NicolausCarlo Santarelli – Deutsche BankCameron McKnight – Wells Fargo Securities, LLC, Research...

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Las Vegas Sands Profit Up 33%

Resorts and casino operator Las Vegas Sands Corp. (LVS: Quote), Wednesday reported a 33 percent jump in fourth-quarter profit, mainly on growth in Macau and Las Vegas operations, while its properties in Singapore were a cause for concern. Quarterly earnings topped Wall Street estimates, but revenue came in short of expectations.“The focused and consistent execution of our global growth strategy, which leverages the power of our convention-based Integrated Resort business model, is clearly being...

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Sands profit higher but China growth falls short

Share this article on Facebook orTwitter Print this article Sands profit higher but China growth falls sh...

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Anton Casey fired and flees Singapore in economy class over "poor people ...

Anton Casey caused an uproar in the country after posting a series of abusive photographs on Facebook where he called a local taxi driver a “retard” and referred to commuters as “the poor”.The former City stockbroker was last seen on Friday morning boarding a Singapore Airlines flight en route to Perth, Australia, with his  wife, a former Miss Singapore and his five-year old son in economy class.In an email to Singapore national daily The Straits Times, Casey said he hopes to make amends with...

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Anton Casey fired and flees Singapore in economy class over "poor people ...

Anton Casey caused an uproar in the country after posting a series of abusive photographs on Facebook where he called a local taxi driver a “retard” and referred to commuters as “the poor”.The former City stockbroker was last seen on Friday morning boarding a Singapore Airlines flight en route to Perth, Australia, with his  wife, a former Miss Singapore and his five-year old son in economy class.In an email to Singapore national daily The Straits Times, Casey said he hopes to make amends with...

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Nobu in Singapore: Founder De Niro dishes out plans

When questioned on the timing of the move, De Niro told CNBC anchor Susan Li to ask Australian billionaire James Packer, the executive chairman of Melco Crown Entertainment. “Not yet but maybe you can ask James Packer. There was a time I spoke to James Packer about doing a Nobu in Macau. In the beginning it was too early, now it becomes more of a place where you can have good food,” he said. Critically acclaimed actor, director and producer Robert De Niro is one of the co-founders of the Nobu restaurant chain, which offers high-end Japanese food, pioneered by Japanese celebrity chef and restaurateur...

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Singapore hotel investment sales surged last year: Savills

Hotel investment sales in Singapore surged last year partly due to the sale of The Westin Singapore, said property consultancy Savills in a report on Monday.Hotel investment volume last year was $2.45 billion – 4.15 times higher than in 2012.Japan-based Daisho Group’s $468 million purchase of The Westin Singapore from BlackRock in December was the biggest hotel deal last year.It accounted for the bulk of the $606 million worth of investment transactions in October through December. There was only one other hotel sale that quarter. TO READ THE FULL STORY… Please enable JavaScript to view the...

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Lee Hom called a bully after returning wedding biscuits

Wang Lee Hom was labelled a bully by a bakery in Taiwan after the newly-wed Mandopop singer returned the wedding biscuits he pre-ordered following allegations that the shop had used him to seek publicity.Wang, whose sudden marriage to Columbia University postgraduate student Lee Jinglei had shocked his fans, apparently ordered the biscuits through his manager.He had wanted to distribute them to his loved ones, China Press reported.Earlier, he had given photographs of himself and his wife to the shop so that their images could be featured on the packaging of the biscuits.However, the pictures were...

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Briton flees to Australia after being sacked for mocking Singapore "poor"

Anton Casey, the British fund manager who mocked the ‘poor people’ of Singapore onFacebook, has been sacked and forced to flee the country for Australia.Casey, 39, took a Singapore Airlines flight to Perth on Friday but not beforefirst apologising for the biggest mistake in his life and offering to do ”community service”. The angry reaction to his Facebook insults had left his situation and that of his former Miss Singapore wife, Bernice Wong, and son inthe island state untenable.In his Facebook posts he showed a picture of his son holding uphis ticket on a Singapore MRT (Mass Rapid Transport)...

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British banker fired, escapes to Australia after his remarks on "poor" Singapore

Anton Casey (L) and his wife Bernice WongA Singapore-based UK banker, Anton Casey, who triggered massive public outrage over his Facebook remarks insulting Singapore residents, has been dismissed from his post and forced to flee to Australia. His employer Crossinvest (Asia) Pte Ltd and Casey “parted ways”, the company indicated on Saturday, as quoted by AFP. “Those comments go against our core corporate and family values that are based on trust, mutual understanding and are respectful of diversity,”...

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Singapore Transport Fare Hike Draws Protest

By Chun Han Wong CONNECTAgence France-Presse/Getty ImagesA woman holds a placard to protest against fare hikes on public transport in Singapore on Jan. 25.SINGAPORE—About 400 people protested on Saturday against what they said were unjustified increases to public-transport fares in Singapore, marking the first major show of public dissent here this year.Protesters gathered at Hong Lim Park in central Singapore, the only place where demonstrations are allowed here, to criticize a state-appointed...

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SMU students develop guide on Singapore Constitution

A group of student authors from the Singapore Management University hope their new book will help to raise awareness among Singaporeans on their fundamental rights and dispel myths about the Singapore Constitution.PHOTOS Singapore Management University. SINGAPORE: A group of student authors hope their new book will help to raise awareness among Singaporeans on their fundamental rights and dispel myths about the Singapore Constitution.The book, titled “The Singapore Constitution: A Brief Introduction”, was launched on January 15 by Speaker of Parliament Halimah Yacob.The authors, who are business...

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Committee seeking ideas on how best to mark Singapore"s 50th birthday

SINGAPORE: The Singapore50 Steering Committee is seeking ideas on how Singapore should celebrate its 50th birthday.Chairman of the committee Heng Swee Keat, who is also the Education Minister, made a call for Singaporeans to join in to shape Singapore’s “Golden Jubilee” celebrations.“If you have ideas that will help us all celebrate in a truly Singaporean spirit, please come forward and share them and make this really our celebration,” said Mr Heng as he launched SG50 celebrations on Friday afternoon.“We are looking forward to ideas that will inspire a sense of community or belonging to Singapore,...

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Anton Casey who ridiculed poor in Singapore on Facebook left Crossinvest Asia ...

Anton Casey caused outrage with posts about ‘stench’ of public transportWealth management firm confirms that he no longer works thereMr Casey, 39, says he, his wife and son have moved after ‘threats’He says they have gone to Perth, Australia, and he has apologised again for actionsByKieran Corcoranand Derek MilroyPUBLISHED: 11:00 EST, 25 January 2014 | UPDATED: 12:49 EST, 25 January 2014 A wealthy British banker who provoked a furious backlash in Singapore by suggesting public transport has a ‘stench’...

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