Monday, June 2, 2014

Market News In 2 Minutes @ 2nd June 2014

Market News in 2 minutes

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. Pacific Andes Resources Development (P11) - Said its indirect subsidiary, Quality Food (Singapore), has on Thursday agreed to sell 26.5 million shares in Tassal Group Limited for A$96.73 million. (source : The Edge)

2. Singapore Airlines (C6U) - Asia’s biggest carrier by market value, will spend $400 million buying stock in budget carrier Scoot. The airline bought 400 million shares in Scoot at $1 apiece. The investment will be funded through the company’s internal sources, it said. For more details, click here. (source : The Edge)

MoneyIQ gathers best mortgages from all Singapore Banks

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