Mon, May 21, 2012, 12:39 PM SGT - Singapore Markets close in 4 hrs 21 mins

Financial News from Reuters

  • * G8 leaders pledge to keep Greece in euro zone * Short-covering helps gold rebound from 2012 low * Spot gold may retrace to $1,567.76/oz -technicals * Coming up: U.S. Chicago Fed National Activity Index,April; ...

  • Ex-Goldman Sachs director Gupta exits the Manhattan Federal Court after a pre-trial hearing on insider-trading charges

    By Grant McCool NEW YORK (Reuters) - Barely a day went by at the insider-trading trial of multimillionaire hedge-fund founder Raj Rajaratnam a year ago without mention of Rajat Gupta, a boldface name in ...

  • BANGKOK, May 21 (Reuters) - Asian physical rubber pricesjumped on Monday on the back of surging Tokyo rubber futuresprices and the Thai rubber intervention, dealers said. PRICES OF PHYSICAL RUBBER COMPARED ...

  • * China's premier calls for more efforts to support growth * Goldman says recent sell-off "unwarranted"; supply totighten By Florence Tan SINGAPORE, May 21 (Reuters) - Brent crude recovered towards$108 ...

  • * At least two middle distillates brokers hired * Possibly starting fuel oil and crude oil desks * Middle distillates derivatives volumes up by 20 percent in2011 By Jessica Jaganathan SINGAPORE, May 21 ...

  • KUALA LUMPUR, May 21 (Reuters) - Following is a table of Kuala Lumpur tinmarket prices provided by a Malaysian trader. (Prices in $/tonne, and volumes in tonnes unless stated) Date KL Premium/ Spot Bid ...

  • Rupee off record lows on G8 statement Reuters - 52 minutes ago

    MUMBAI (Reuters) - The rupee was broadly flat against the dollar on Monday tracking a mild recovery in risk assets after G8 leaders over the weekend backed keeping Greece in the euro zone and vowed to ...

  • Goldman Sachs said it recommended buying quality Singaporereal estate investment trusts (REITs) with attractive dividendyields as the market emphasises a defensive posture. "Alongside a rising SGD ...

  • * Thai rubber association says to import rubber for thefirst time * Shipments delayed by tight supply due to unseasonal rains * TOCOM prices jump on Thai buying * Amount equivalent to Japan rubber stocks ...

  • CAMP DAVID, Maryland (Reuters) - French President Francois Hollande said on Saturday he would make proposals for eurobonds at an upcoming European summit as he outlines his ideas to stimulate growth and ...

  • By William Schomberg REUTERS - A pledge by leaders of industrialized nations to help the troubled world economy is unlikely to herald quick new action by Europe on its debt crisis, meaning more uncertainty ...

  • The Yahoo! offices are pictured in Santa Monica

    NEW YORK (Reuters) - Yahoo Inc (YHOO.O) is nearing a deal on Sunday to sell part of its stake in Alibaba Group back to the Chinese company for $7.1 billion, according to a source familiar with the matter. ...

  • Facebook faces crucial week after modest debut Reuters - 1 hour 51 minutes ago
    In this photo illustration, a Facebook logo on a computer screen is seen through glasses held by a woman in Bern

    By Edward Krudy NEW YORK (Reuters) - Newly issued shares in Facebook Inc (FB.O) may have a hard time in the coming week if lead underwriter Morgan Stanley stops supporting the stock and managers lower ...

  • (Reuters) - The Nasdaq is planning to revamp its systems for handling stock offerings after acknowledging that technology problems had affected trading in millions of newly issued Facebook (FB.O) shares ...

  • (Reuters) - Yahoo Inc said it is to sell up to half of its stake in Internet entrepreneur Jack Ma's Alibaba Group back to the Chinese company for $7.1 billion, and hand most of the sale proceeds to its ...

  • Zuckerberg's post-IPO wedding is smart legal move Reuters - 2 hours 10 minutes ago
    Facebook Inc. CEO Mark Zuckerberg is seen on a screen televised from their headquarters in Menlo Park moments after their IPO launch in New York

    SAN FRANCISCO (Reuters) - Getting married was a smart business move as well as a personal milestone for Facebook (FB.O) chief Mark Zuckerberg, with the timing of the wedding, the day after the company's ...

  • Broker Maybank Kim Eng said plunging global markets havemade equity valuations attractive again and opportunities forbottom-picking are emerging. The Straits Times Index was down 0.2 percent at2,774.10 ...

  • SHANGHAI, May 21 (Reuters) - China's stock regulator said itmay give pension funds from Hong Kong, Taiwan and Singapore anadditional channel for investing in China's capital marketsother than the established ...

  • Shares of Tiger Airways Holdings Ltd fell nearly 4percent on Monday after the budget carrier swung to afourth-quarter net loss from a net profit a year earlier andwarned of a challenging business environment. ...

  • http://link.reuters.com/wer38s ---- PREVIOUS ITEMS: Gas Malaysia Bhd will spend $41.50 mil (130 million ringgit) to $44.69 mil for its pipeline expansion and infrastructure for the distribution of the ...

  • TOKYO, May 21 (Reuters) - Key TOCOM rubber futures rose onMonday as investors covered short positions on news Thailandplans to import rubber due to tight domestic supplies, thoughgains were limited by ...

  • Gas Malaysia Bhd will spend $41.50 mil (130 million ringgit) to $44.69 mil for its pipeline expansion and infrastructure for the distribution of the liquefied natural gas (LNG) that would be supplied by ...

  • BANGKOK, May 21 (Reuters) - Thailand, the world's biggestrubber producer and exporter, will import rubber in a bid toavoid shipment delays at a time when domestic supply is tightbecause of the impact of ...

  • SINGAPORE, May 21 (Reuters) - Gold inched up on Monday toextend last week's rise rise, tracking a steady euro after worldleaders pledged to combat financial turmoil, although worriesabout Greece and the ...

  • ---- NOTE: Reuters has not verified these stories and does not vouch for their accuracy.

  • Singapore index futures rose 0.3 percent early on Monday,indicating a higher start for the benchmark Straits Times Index. Asian markets remained cautious on Monday despite worldleaders calling for Greece ...

  • KUALA LUMPUR, May 21 (Reuters) - The following factors are likely toinfluence Malaysian palm oil futures and other vegetable oil markets on Monday.FUNDAMENTALS* Malaysian palm oil futures ended almost ...

  • SINGAPORE, May 21 (Reuters) - Singapore shares may riseon Monday, after both Tokyo and Seoul stocks opened higher, butinvestors are likely to remain jittery over Greece's possibleexit from the euro zone. ...

  • Following is a list of events in Malaysia as well as news stories and press reports which mayinfluence financial markets. Reuters News welcomes your feedback and for any queries, pleasecontact the Kuala ...

  • Following is a list of release dates for the quarterly earningsof some top Malaysia-listed companies. All dates are confirmed except those marked by a "T", whichmeans it will be released around ...

  • DIARY - Malaysia Reuters - 4 hours ago

    ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT (INBRACKETS MONDAY, MAY 21 KUALA LUMPUR - Minister in the Prime Minister's DepartmentNor Mohamed Yakcop officiates 4th International Islamic ...

  • GDP (pct,y/y) Q4 '11 Q3 '11 Q2 '11 Q1 '11 Q4'10 Q3 '10 Q2 '10 Q1 '10 Q4 '09 5.2 5.8 4.3 4.9 4.8 5.3 8.9 10.1 4.4 INDUSTRIAL PRODUCTION (pct, y/y) MAR FEB JAN DEC NOV OCT SEP AUG JUL JUN MAY APR MAR 0.6 ...

  • By Dan Levine SAN FRANCISCO (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd are used to running the show at their global tech empires, but they will be in for a different experience ...

  • Police officer stands watch before an anti-NATO protest march in Chicago

    By Nick Carey and Eric Johnson CHICAGO (Reuters) - A group affiliated with the hacking activist group Anonymous said it made a "hacktivist" attack on the Chicago Police Department and related ...

  • Hosseini, Iran's Minister of Economic Affairs and Finance, speaks during a conference in Tehran

    WASHINGTON (Reuters) - Iran's economy minister said oil prices will "certainly" rise if the European Union moves ahead with an embargo in July and that sanctions will backfire on those who impose ...

  • An employee of South Korean mobile carrier KT holds an Apple Inc's iPhone 4 smartphone and a Samsung Electronics' Galaxy S II smartphone as he poses for photographs at a registration desk at KT's headquarters in Seoul

    By Dan Levine SAN FRANCISCO (Reuters) - The chief executives of Apple Inc(AAPL.O) and Samsung Electronics Co Ltd(005930.KS) are used to running the show at their global tech empires, but they will be in ...

  • In this photo illustration, a Facebook logo on a computer screen is seen through glasses held by a woman in Bern

    REUTERS - Shares in social media company Facebook Inc (FB.O) could fall below the initial public offering price of $38, Barron's wrote in its May 21 edition. Facebook saw its shares rise a scant 0.6 percent ...

  • A Motorola Droid phone is seen displaying the Google search page in New York

    BEIJING (Reuters) - China said on Sunday it had granted conditional approval to Google's plans to acquire Motorola Mobility Holdings(MMI.N), clearing the last regulatory obstacle to a deal that will help ...

  • WASHINGTON (Reuters) - U.S. banking reforms could not have prevented JPMorgan Chase & Co's trading losses, and those involved in the activities that went awry should be held accountable, U.S. House of ...

  • By Erik Kirschbaum BERLIN (Reuters) - A record-breaking pay deal will give millions of German workers their biggest rise in wages in two decades, boost consumption in Europe's biggest economy and help ...

  • A Twitter page is displayed on an Apple iPhone in Los Angeles

    ISLAMABAD (Reuters) - Pakistan on Sunday blocked access to Twitter in response to "blasphemous" material posted by users on the microblogging and social networking website, a senior government ...

  • China's Premier Wen Jiabao stands in front of a Chinese national flag as he attends a joint news conference of the fifth trilateral summit among China, South Korea and Japan at the Great Hall of the People in Beijing

    BEIJING (Reuters) - China's premier reiterated calls on Sunday for the country to maintain its campaign to cool down its property market, a series of controls on credit and purchases that have begun to ...

  • By Peter Apps WASHINGTON (Reuters) - If or when policymakers finally decide Greece should leave the euro, the exit could happen so quickly that "new drachma" currency notes might not be printed ...

  • Britain's Chancellor of the Exchequer George Osborne speaks at the annual meeting of the European Bank for Reconstruction and Development, in central London

    LONDON (Reuters) - The euro zone can protect its currency if its stronger countries provide more support for the weaker to help them deal with their problems, British finance minister George Osborne said ...

  • Facebook Inc. CEO Mark Zuckerberg is seen on a screen televised from their headquarters in Menlo Park moments after their IPO launch in New York

    By Mary Slosson REUTERS - Facebook co-founder and CEO Mark Zuckerberg wed longtime girlfriend Priscilla Chan on Saturday, announcing the nuptials through a status update on the social networking site. ...

  • SINGAPORE, May 21 (Reuters) - Exports of Malaysian palm oilproducts for May 1-20 rose 2.1 percent to 862,337 tonnes from844,453 tonnes shipped during April 1-20, cargo surveyorIntertek Testing Services ...

  • An employee of a money changer counts U.S. dollar notes from a customer in exchange for rupiah notes in Jakarta

    By Nishant Kumar HONG KONG (Reuters) - Southeast Asian nations are swallowing an outflow of money from India, as foreign investors lose patience with its policy paralysis and slowing growth and aim instead ...

  • SEOUL, May 20 (Reuters) - South Korea's medium-sizedshipbuilder Sungdong Shipbuilding and Marine Engineering Co Ltdsaid on Sunday it has won 650 billion won ($556 million) worthof orders for 10 livestock ...

  • SEOUL (Reuters) - Samsung Electronics' (005930.KS) mobile division chief JK Shin said on Sunday the South Korean technology giant was still seeking to resolve differences in its international patent war ...

  • SEOUL (Reuters) - Samsung Electronics' mobile division chief JK Shin said on Sunday the South Korean technology giant was still seeking to resolve differences in its international patent war with Apple ...

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