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Singapore Telecommunications Limited (Z74.SI)

SES - SES Delayed Price. Currency in SGD
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2.4800+0.0300 (+1.22%)
As of 02:24PM SGT. Market open.
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  • Reuters SG

    EMERGING MARKETS-S.Korean won marks best day in over 1 month on rate hike hopes

    * Thai shares and baht gain after central bank assurance * Equities in Singapore gain most, led by rise in Singtel By Archishma Iyer Jan 11 (Reuters) - South Korea's won led gains among Asian currencies on Tuesday as upbeat economic data raised prospects of an interest rate hike, while telecom stocks kept Singapore shares on track for a fourth straight session of rise. The Indian rupee, Malaysia's ringgit and Singapore's dollar firmed between 0.2% and 0.3%, as the U.S. dollar stalled a day before crucial inflation data which could provide more clarity on policy normalisation by the Federal Reserve. The won firmed by 0.4% to 1,194.70 per dollar, notching its best session since Dec. 1, as robust partial trade data for January added to the case for monetary policy tightening by the Bank of Korea (BoK) when it meets on Friday.

  • Reuters SG

    EMERGING MARKETS-S. Korean won jumps as investors hope for BoK rate hike

    * Won eyes best trading session in almost 3 weeks * Rupiah up 0.1% after coal export ban lifted * Philippines Nov trade deficit widens to $4.7 bln, peso drops By Anushka Trivedi Jan 11 (Reuters) - South Korea's won led gains among emerging Asian currencies on Tuesday, firming by 0.5% as upbeat economic data fuelled speculation that its central bank will raise interest rates, while telecom shares led gains in Singapore equities. The Thai baht, Singapore's dollar, and the Malaysian ringgit firmed 0.1% to 0.3% as the greenback stalled awaiting incumbent Federal Reserve Chair Jerome Powell's nomination hearing later in the day for new clues on policy normalisation. The won strengthened to 1,193.40 per dollar in its best trading session in almost three weeks, as robust partial trade data for January added to the case for monetary policy tightening by the Bank of Korea (BoK) when it meets on Friday.

  • Reuters SG

    Singtel flags $216 mln exposure in Australia tax case defeat

    Singapore Telecommunications Ltd has estimated it faces A$304 million ($216 million) in tax exposure, interest and penalties, after an Australian court dismissed its appeal against an assessment by the country's taxation office. The case is related to its acquisition of Singtel Optus Pty Limited in 2001. Singtel's Australian subsidiary, Singapore Telecom Australia Investments (STAI), had received amended assessments from the Australian Taxation Office for primary tax of A$268 million, interest of A$58 million and penalties of A$67 million in 2016 and 2017.