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Bid to make gold mining core business as profit falls 67%

Despite concerns over a property bubble in Hong Kong and government efforts to cool the red-hot sector, two Hong Kong tycoons: Cheung Kong Holding’s Li Ka-Shing and Henderson Land’s Lee Shau kee have been snapping up shares in their own firms.

Yet there is one S-chip which stands out, not just because of its jaw-dropping performance this year - which makes it by far the local stock market’s best performer - but also because its stock price appreciation defies logical explanation.

Shares of Cosco Corporation (S) staged a recovery yesterday after it steered clear of a China audit report on financial irregularities at its Chinese parent company.

Shareholders may be able to sue errant directors; norms may ease for small companies

After resisting the idea of having circuit breakers for years, the Singapore Exchange (SGX) has now indicated that it will soon introduce these artificial stops for trading in times of high volatility. The exchange’s decision is likely based on the pervasiveness of high-frequency trading (HFT) in everyday market life and the rising public concern (and belief) that HFT could cause, or at least contribute greatly towards, a market crash. Having circuit breakers, it is believed, would afford some protection for small investors.

But Singapore subsidiary says it was not cited in the China report

Equity markets have held up pretty well in recent weeks in the face of some weaker economic data and we do not believe there is significant downside risk in the markets. Valuations remain attractive, with stocks trading at price-to-earnings ratios of around 14 times, compared with 2011 earnings estimates, and less than 13 times, compared with 2012 estimates. With corporate earnings continuing to grow, BlackRock believes these ratios help make stocks an attractive long-term investment when compared with bonds or cash. We would caution, however, that, given the current economic rough patch, stocks are likely to endure some additional sideways action for now.

Exchange to decide if bank should be penalised over its refusal to pay out in full for mispriced warrants

Closed at the 2 years uptrend support line.

With commissions constantly under pressure, dealers and remisiers are probably not overstating things when they say theirs is a sunset profession, one whose attraction wanes with each turn of the regulatory screw.

Several local names sent packing as size and scale matter more, post-crisis

The Singapore Exchange (SGX) has queried The Think Environmental Company (TTEC) on two of its latest gold-mining investments, asking how some of the production targets were derived given that feasibility studies on the mining sites were not carried out.

Fear of another tech bubble as web start-ups enjoy largest investment flows for a decade