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European Union
In print this week
Will Europe unravel?
SINGAPORE (Aug 1): Markets have rebounded since the UK voted to withdraw from the European Union on June 23, with the Standard & Poor’s 500 index and FTSE 100 touching 12-month highs and the pound sterling back above 1.30 versus the US dollar.
August 01, 2016
Brexit
Pound’s drop on Carney adds to slide that may soften Brexit blow
(July 1): The pound dropped after Bank of England Governor Mark Carney said the central bank may need to loosen monetary policy as it tries to contain the fallout from Britain’s decision to quit the European Union.
July 01, 2016
Funds
Which Japan funds are buying opportunities?
SINGAPORE (June 28): Britain’s decision to exit the European Union saw Japan’s benchmark Nikkei index slumping 7.9% to February levels last Friday. Since then, the index has recovered some ground, gaining 2.5%. Should investors decide to jump into Jap
June 28, 2016
Brexit
SGX, Asian brokers hike trading margins on Brexit volatility fears
HONG KONG (June 23): Singapore Exchange said it has raised the amount of cash firms must pledge to cover trading positions due to an expected rise in market volatility linked to Britain’s vote on whether to exit the European Union.
June 23, 2016
Brexit
France warns Brexit would be irreversible, single market access at stake
PARIS (June 23): French President Francois Hollande warned on Wednesday that if Britons voted to leave the European Union it would be an irreversible decision that could seriously jeopardise Britain's prized access to the bloc's single market.
June 23, 2016
Brexit outcome doesn’t matter for traders, says KGI’s Nicholas Teo
SINGAPORE (June 21): “I don’t know” and “I don’t care”. These are Nicholas Teo’s answers when asked to make a call on the Brexit situation.
June 21, 2016
Hot Stock
ComfortDelGro shares gain for third straight day
SINGAPORE (June 21): ComfortDelGro rose as much as 0.7% to $2.75, gaining for the third straight day as investors bet that the UK will vote to stay in the European Union.
June 21, 2016