Singapore markets closed
  • Business
    Reuters SG

    Asia diesel margins rebound on tight supplies, robust Europe demand

    Asian refiners' margins from producing 10ppm gasoil rebounded more than 40% on Friday from a week ago as supplies fell during seasonal refinery maintenance, while traders focused on robust demand in Europe, industry sources and analysts said. Europe is importing more diesel amid heavy refinery maintenance and a workers strike at refineries in France, they said. The region's strong demand is expected to last throughout winter as some users are switching to oil from gas after Moscow cut supplies to Europe while the European Union will ban seaborne Russian oil products imports next February.

  • Business
    ValueChampion

    How the Recent Property Cooling Measures Will Affect You as a Potential Homeowner

    The Singapore government unveiled a new round of cooling measures for the property market on 29 September. Here’s what this means for you.

  • Business
    Reuters SG

    REFILE-EMERGING MARKETS-Hawkish Fed comments weigh on Asian assets ahead of U.S. jobs data

    Several Fed officials affirmed their commitment to rein in soaring inflation, with no intention of backing down from the most aggressive rate hike campaign in decades. Non-farm payrolls data due later in the day and September inflation print expected next week are likely to drive global markets in the near-term, with any comments from Fed officials likely to weigh on emerging assets.