Market News In 2 Minutes @ 8th May 2014

As stock investors (even though a small one), it is important to keep abreast with the latest financial and market news. Since I am in it, I thought it might be worthwhile to share it out with my readers too.

Hence, I started this "Market News In 2 Minutes" series.
 

Following are the "Market News In 2 Minutes" for today :
 

1. Singapore Exchange (S68) - Is expanding its bulk commodity offerings with nine more derivative contracts to be launched over the next two months. SGX aims to introduce options-on-futures for iron ore and freight, and two coking coal derivatives, by the second half of the year. For more details about the report, click here (source : The Edge)

2. Wheelock Properties (M35) - It’ condominium project, The Panorama, is gearing up for a re-launch this Sunday, with agents saying that new prices could be as much as 10 percent lower than those at the initial launch. (source : The Edge)

3. Amplefield (C60) - It's associate company, Citybuilders (VN) Co., secured a US$23 million civil and structural contract from by Sing Viet City for works on a 63.8 hectare land parcel in Ho Chi Minh City,Vietnam. At the same time, Citybuilders (VN) Co. is in negotiation phase with Sing Viet City for a mechanical and electrical deal with an estimated value of US$7 million for the same parcel of land. (source : Shares Investment)

Cheers!