Podcasts about singapore exchange sgx

Profits are soaring, resignations are shaking up markets, and drug trials are rewriting the leaderboard. Join Michelle Martin on her tour of markets! Goldman Sachs smashes expectations with a $4.7B quarter as trading volatility fuels the Street. Hotel Properties surges on Ong Beng Seng’s exit, and Pfizer’s setback boosts rivals in the weight-loss race. Hosted by Michelle Martin with Ryan Huang, this episode also tracks Wilmar, Apple, Intel, Olam, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Hotel Properties (HPL), Wilmar International, Novo Nordisk, Eli Lilly, Pfizer, Structure Therapeutics, Metsera, Intel, Apple, Olam Group, Singapore Exchange (SGX), Sembcorp Industries.See omnystudio.com/listener for privacy information.

It's Day One at the International Futures Industry Conference and Bill Gulya, Managing Director and Head of the Americas at Singapore Exchange (SGX), kicked things off by joining this podcast to discuss a couple of announcements from SGX that are making their way into the headlines.SGX has a reputation for making big news each year at #FIABoca and this year the exchange operator did not disappoint. After starting the day with an announcement about launching open-ended Bitcoin futures contracts, SGX followed up with news that it would be partnering with exchange operator B3 to launch futures contracts for the Brazilian real later this year.Bill outlined what those initiatives mean in the wider landscape for crypto and currency futures and also shared his insights about the increase in trading activity SGX is seeing that is linked to US tariff announcements and other geopolitical ructions.And of course, it wouldn't be Boca50 if we didn't discuss this year's musical entertainment: Cheap Trick. Bill shared his own anecdote about grooving to Cheap Trick as a middle schooler. It's a funny and all-too-relatable story.Sign up for Modern Money SmartBrief

Singapore stocks opened lower today after US markets ended in the red overnight.   In early trade, the Straits Times Index fell 0.2 per cent to 3,247.88 points, after 82.1 million securities changed hands in the broader market. In terms of notable developments for the day, trading for the Alibaba five times short daily leveraged certificates (DLCs) listed on the Singapore Exchange (SGX) has been momentarily suspended as the airbag mechanism was triggered. The move came after Alibaba said that it will split its company into six business groups, each with the ability to raise outside funding and go public. Shares of the tech giant surged some 15 per cent at the opening bell on the Hong Kong exchange. On Market View, the Drive Time team unpacked the happenings for the day with Jeff Ng, Senior Currency Analyst, MUFG.  They also looked at Vietnam's Q1 GDP numbers and what that means for the manufacturing hub as well as comments from top US financial officials on the recent turmoil in the banking sector.See omnystudio.com/listener for privacy information.

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on Wednesday, following a more than two-month high on Wall Street overnight as a positive sales forecast from Best Buy drove optimism that red-hot inflation will not impact the upcoming holiday shopping season much. Singapore Exchange (SGX) futures — an early indicator of the Nifty index — rose as much as 78.5 points or 0.4 percent to 18,463.5 ahead of the opening on Dalal Street.

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on Tuesday, shrugging off largely negative moves in other Asian markets amid concerns about the resurgent lockdowns in China owing to rising COVID infections. Singapore Exchange (SGX) — an early indicator of the Nifty index — fell as much as 61 points or 0.3 percent to 18,266 ahead of the opening bell on Dalal Street.

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open sharply lower on Monday tracking losses across other Asian markets as the resurgent COVID cases in Beijing spooked investors. Singapore Exchange (SGX) — an early indicator of the Nifty index — fell as much as 97.5 points or 0.5 percent to 18,250 ahead of the opening bell on Dalal Street.

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to take a breather after reaching nearly one-month closing highs, mirroring a lacklustre trend across Asia following an overnight holiday on Wall Street. Singapore Exchange (SGX) futures — an early indicator of the Nifty index —declined as much as 67.5 points or 0.4 percent to 16,579.5 early on Tuesday, suggesting a muted opening ahead on Dalal Street.

The term "energy transition" means different things to different people. In this episode, we focus on how "energy transition" means different things to people from different places. Michael Syn, senior managing director and head of equities at the Singapore Exchange (SGX), joins the show to talk about how markets in Asia are tackling decarbonization and the push to net-zero.Often mistaken as just one big market, individual countries and companies across Asia have a very different history with fossil fuels than their counterparts in the US and Europe.  Michael breaks down some of the innovative solutions that are in play across Asia and how global initiatives like the Glasgow Financial Alliance for Net Zero (GFANZ) can broaden their perspectives to bring more private capital to the sustainable investing market.Michael also delves into how SGX helps Singpore lead the way in the push to net-zero by serving as a cutting-edge market for new technologies, financial products, regulatory efforts and education initiatives related to sustainability.Sign up for the Renewable Energy SmartBriefFollow the show on Twitter @RenewablesPod

The term "energy transition" means different things to different people. In this episode, we focus on how "energy transition" means different things to people from different places. Michael Syn, senior managing director and head of equities at the Singapore Exchange (SGX), joins the show to talk about how markets in Asia are tackling decarbonization and the push to net-zero.Often mistaken as just one big market, individual countries and companies across Asia have a very different history with fossil fuels than their counterparts in the US and Europe.  Michael breaks down some of the innovative solutions that are in play across Asia and how global initiatives like the Glasgow Financial Alliance for Net Zero (GFANZ) can broaden their perspectives to bring more private capital to the sustainable investing market.Michael also delves into how SGX helps Singpore lead the way in the push to net-zero by serving as a cutting-edge market for new technologies, financial products, regulatory efforts and education initiatives related to sustainability.Sign up for Modern Money SmartBriefFollow this show on Twitter @ModernMoneyPod

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start the week on a negative note despite cautious gains across other Asian markets. At 8:50 am, Singapore Exchange (SGX) futures -- an early indicator of the Nifty50 index -- were down 20 points or 0.1 percent at 17,723, having slipped as much as 57 points earlier in the day. Globally, news updates about the ongoing Russia-Ukraine war and its impact on financial markets remained on investors' radar.

Indian equity benchmarks are likely to make a gap-down opening on Wednesday as the market returns to trade after a day's holiday. Investors globally tracked newsflow on the Russia-Ukraine conflict as geopolitical tensions hurt market sentiment. At 8:43 am, Singapore Exchange (SGX) futures -- an early indicator of the Nifty50 index -- were down 210.5 points or 1.3 percent at 16,497.5.

Indian equity benchmarks are likely to make a weak start on Monday, amid weakness across most other Asian markets as investors assessed newsflow on the Ukraine-Russia conflict. At 8:49 am, Singapore Exchange (SGX) futures -- an early indicator of the Nifty50 index -- weredown 111.5 points or 0.7 percent at 16,548, having given up all of their initial gains earlier in the day.

Indian equity benchmarks are likely to make a positive start on Friday, amid cautious gains across global markets as investors assessed newsflow on the Ukraine-Russia conflict. At 8:49 am, Singapore Exchange (SGX) futures -- an early indicator of the Nifty50 index -- were up 281.5 points or 1.7 percent at

Indian equity benchmarks are likely to make a gap-down start on Thursday, as investors globally tracked newsflow on the Ukraine-Russia conflict. Singapore Exchange (SGX) futures -- an early indicator of the Nifty50 index -- fell as much as 316.5 points or 1.9 percent to 16,779.5 ahead of the opening bell.

Community Member John Augustine Ong, Head of Learning and Development with The Singapore Exchange (SGX), explains the two most critical success factors to making digital learning agenda work. Learn why he thinks that purpose and social collectivism are paramount, and how he introduced the concept of Community of Practice in SGX. --- Send in a voice message: https://anchor.fm/thriveinasia/message

Trans-China Automotive Holdings (TCA), has just launched its initial public offering (IPO) on the Catalist board of the Singapore Exchange (SGX). It’s the first China-based car dealership group to list on SGX and also is one of the largest Catalist listings this year by revenue and profits. Francis Tjia, Chairman, CEO, Trans China Auto shares the 4 main revenue streams of TCA and how the “Used car income” lag in China can potentially act as a huge contributor for the business. See omnystudio.com/listener for privacy information.

While the Singapore Exchange (SGX) has debated on having online voting for their future meetings, the issue around integrity of votes has risen time and time again. Mak Yuen Teen, Professor of Accounting, NUS Business School discusses the possibility of it happening and whether ‘voting integrity' would hinder the SGX to digitalise themselves.  See omnystudio.com/listener for privacy information.

The Singapore Exchange (SGX) will be the first major bourse in Asia to offer SPAC listings; moreover, the continuous rise of these SPACs could soon take the place of a traditional IPO roadshow and fundraising season. Michael Lints, Partner, Golden Gate Ventures provides an outlook of the situation and what it could mean for the local startup scene. See omnystudio.com/listener for privacy information.

In May 2021, together with DBS Bank, the Singapore Exchange (SGX) and Temasek, we announced our intention to take climate action through a joint venture called Climate Impact X (CIX). CIX aims to be a global exchange and marketplace for high-quality carbon credits and will leverage satellite monitoring, machine learning and blockchain technology to enhance the transparency, integrity and quality of carbon credits that deliver tangible and lasting environmental impact. In this podcast, we gathered Daniel Hanna, Global Head of Sustainable Finance at Standard Chartered, Mikkel Larsen, Chief Sustainability Officer at DBS and interim CEO of CIX, Herry Cho, Head of Sustainability & Sustainable Finance at SGX and Neo Gim Huay, Managing Director, Climate Change Strategy at Temasek to discuss the fundamentals of carbon offsets, how CIX will work, the challenges, and the opportunities for companies to participate. They also share about their motivations for the partnership as well as what success would look like for this global exchange. This podcast is part of the Industries in Transition series.

A new global carbon exchange headquartered in Singapore will allow companies to buy and sell carbon credits. Four founders have kicked this off – DBS and Standard Chartered Banks, state investment company Temasek and the Singapore Exchange (SGX). What does CIX offer that is different? How will transparency and "good quality credits" be assured? Jaime Ho speaks to Mikkel Larsen, the Chief Sustainability Officer at DBS and interim CEO for CIX.See omnystudio.com/listener for privacy information.

This week, Keiren Harris, strategy-based market data consultant and the founder of DataCompliance, joins Wei-Shen on the podcast to discuss how exchanges in Asia are approaching their data business. Keiren also writes about market data issues on MarketData.Guru. Also, next week from May 17 through to May 20, we have the WatersTechnology Innovation Exchange Data Insights Spotlight. Check out the agenda here. https://events.waterstechnology.com/innovation-exchange-data/agenda 5:00 Keiren joins the podcast, and they start with how things are literally heating up in Hong Kong. 7:00 He explains how exchanges are transitioning from providing raw data service to one where they’re adding value to their products, and the challenges in doing so. 10:00 Asian exchanges are a bit farther in the development of their data service. 13:00 The Singapore Exchange (SGX) has refocused over the years to develop its index business. 17:00 Keiren says the Australian Securities Exchange (ASX) is the classic transition exchange in terms of data. 21:00 Hong Kong Exchanges and Clearing (HKEX) is still playing in the data space, not in the value-add space yet. Why change something that works? 28:00 Sometimes, getting information out of some exchanges is like getting blood out of a stone. 30:00 Japan Exchange Group (JPX) should be more of a giant in the exchange data business, but it is potentially held back by organizational culture. 38:00 Bursa Malaysia faces a different problem. There’s limited resources to maximize innovation in the data business.

Just recently, Ryde, a Singapore-based mobility app, formally announced its plans for a S$200 million Initial Public Offering (IPO) on the Singapore Exchange (SGX) and has appointed SAC Capital as its financial adviser. Terence Zou, CEO, and Founder, Ryde shares their decision to go for a traditional IPO listing and not a SPAC listing, and the importance of giving back to their drivers.  See omnystudio.com/listener for privacy information.

Join Paige Parker and Loh Boon Chye, CEO of Singapore Exchange (SGX), as they discuss the importance of education, how we all must learn "to swipe", SGX's role as a marketplace, and how they engaged workers at home during this pandemic. They talk of the importance of reverse mentoring, SPACs, impact investing, work life balance, and more professional and personal insights to Pass the Power. Loh Boon Chye has been CEO of Singapore Exchange (SGX) since July 2015. With close to 30 years of experience in the financial industry, his career has brought him through the Bank of America-Merrill Lynch, Deutsche Bank, where he spent 17 years, as well as the Monetary Authority of Singapore and Morgan Guaranty Trust Co. of New York. Thank you to Deity Mics for providing me with the mics I use to record! Visit their page at: https://www.facebook.com/deitymicsasia

US stocks closed lower in the overnight trade, retreating from record levels as investors grew discouraged over the halting progress of economic stimulus talks, while a drop in Facebook shares provided an additional drag.   Following the development, Asian stocks looked set to decline on Thursday. Australian S&P/ASX 200 futures were down 0.28 per cent in early trading, while Japan’s Nikkei 225 futures were down 0.06 per cent.   At 07:36 AM, Nifty futures on the Singapore Exchange (SGX) traded 14 points, or 0.10 per cent higher at 13,499.50, indicating a flat start for the Indian market on Thursday.   On Wednesday, the benchmark Sensex topped the 46,000 mark amid relentless buying by foreign portfolio investors (FPIs) while NSE's Nifty added 136 points, or 1 per cent, to close at 13,529.   Meanwhile, global strategy consultancy firm McKinsey has estimated that banks in India could face a potential hit of Rs 12 trillion till 2024 from the fallout of the Covid-19 pandemic — with revenue foregone estimated at Rs 5.5 trillion and loan loss provisions about Rs 6.7 trillion.   In another development, India’s largest carmaker Maruti Suzuki announced that it would increase prices of its vehicles from January. However, the price rise could be more this time as the cost of raw materials has increased significantly.   That apart, India's largest IT services firm Tata Consultancy Services (TCS) on Wednesday said its up to Rs 16,000-crore share buyback programme will commence on December 18 and close on January 1, 2021.   And, lastly, the government is planning to sell up to 20 per cent stake in Indian Railway Catering and Tourism Corp (IRCTC) through an Offer for Sale (OFS) which opens for subscription on Thursday. The floor price for the offer shall be Rs 1,367, it said.

The domestic equity market is expected to see a tepid start on Friday as indicated by SGX Nifty. At 07:25 AM, Nifty futures on the Singapore Exchange (SGX) were trading 17.95 points, or 0.14 per cent lower at 12,798.80. On Thursday, the benchmark Sensex closed at 43,600, down 580 points or 1.31 per cent, the sharpest fall since October 26 while Nifty50 fell 167 points, or 1.3 per cent, to end at 12,772 amid renewed fears of lockdowns.   In the overnight trade, US stocks ended in positive territory as fresh stimulus hopes buoyed investor sentiment toward the end of a session fraught with worries over mounting shutdowns and layoffs linked to spiraling Covid-19 infection rates.   However, global stocks came under pressure on Friday after US Treasury Secretary Steven Mnuchin called for an end to pandemic relief for struggling businesses, sparking a rare clash between the central bank and Treasury and weighing on sentiment.   Back home, shares of telecom stocks may remain in focus today as the merger of Bharti Infratel and Indus Towers to create a mega tower company has been completed, and Vodafone Idea has received Rs 3,760.1 crore cash for its 11.15 per cent holding in Indus.   Further, Reliance Industries on Thursday said it has completed the sale of about 10 per cent stake in its retail unit to a clutch of foreign investors for Rs 47,265 crore.   That apart, shares of Gland Pharma will list on bourses today. The retail and HNI portions of its IPO were subscribed just 51 per cent and 24 per cent and the Rs 6,480-crore IPO managed to sail through solely on the back of institutional investor demand.   In a separate development, market regulator Sebi has filed a petition with the Supreme Court asking it to direct embattled Sahara conglomerate chief Subrata Roy and two of his companies to deposit Rs 62,600 crore ($8.4 billion) that it said was due to its investors.

After scaling fresh record peaks for the three straight sessions, the domestic equity market is expected to see a negative start on Thursday, as indicated by SGX Nifty. At 07:25 AM, the Nifty futures on the Singapore Exchange (SGX) were trading 67.5 points, or 0.52 per cent lower at 12,895.80 levels. Further, weak global cues are also expected to dent investor sentiment.   In the overnight trade, US stocks lost substantial ground at the close of a see-saw session as investors weighed encouraging vaccine developments against surging Covid-19 infections and lockdowns.   Asian stocks followed Wall Street’s sharp selloff on Thursday as concerns about rising coronavirus infections and new shutdowns in major US cities hosed down earlier investor enthusiasm about Covid-19 vaccine developments. Oil prices, too, slipped in the early trade.   Meanwhile, final results from Pfizer's Covid-19 vaccine trial showed its shot had a 95 per cent success rate and two months of safety data, paving the way for the drugmaker to apply for an emergency US authorisation within days, it said on Wednesday. Pfizer said it expected the US FDA vaccine advisory committee to review and discuss the data in a public meeting that will likely be held in December.   Back home, India has reported nearly 38,617 fresh Covid-19 cases in the past 24 hours. Delhi recorded 6,396 fresh Covid-19 cases taking the infection tally in the national capital to over 495,000 on Tuesday.   On the macro front, manufacturing made up 27.5 per cent of India’s gross domestic product (GDP) in 2019, lowest in two decades, showing the share of the sector continues to shrink in the economy despite the government’s Make-in-India push. This makes India one of the least industrialised countries in Asia with the exception of Pakistan, Nepal, and Myanmar.   In the corporate news, IT services firm Wipro on Wednesday said it has fixed December 11 as the record date for its up to Rs 9,500 crore share buyback programme while India's largest IT services firm Tata Consultancy Services (TCS) on Wednesday said its shareholders have approved its up to Rs 16,000 crore share buyback plan.

Global brokerage firm Morgan Stanley expects the benchmark Sensex top the 50,000 milestone by end of next year. The brokerage believes the economic growth cycle is not fully priced in. It has revised upwards the earnings per share (EPS) estimate for Sensex. Earlier, the brokerage had a target of 37,300 for June 2021. Besides, Goldman Sachs on Tuesday upgraded its India GDP forecast to a contraction of 10.3 per cent in FY21, as against its earlier estimate of a negative growth of 14.8 per cent. The US-based firm said developments on the vaccine front -- where two candidates have posted satisfactory progress -- will be very helpful in the recovery. Meanwhile, the Reserve Bank of India (RBI) on Tuesday proposed to merge private sector lender Lakshmi Vilas Bank (LVB) with the India subsidiary of Singapore’s DBS Bank, even as LVB was put under moratorium for at least a month by the government. Further, the Piramal group revised its offer for Dewan Housing Finance Corporation’s (DHFL’s) retail book on Tuesday. Oaktree Capital, which had last week revised its offer for all assets of DHFL to Rs 31,000 crore, did not make any further revision. With this, the Adani group remains the highest bidder for all assets of DHFL, with its bid of Rs 31,250 crore. Global cues:   In the overnight trade, US stocks retreated from record closing highs on Tuesday, ending lower as surging Covid-19 cases, the growing threat of a fresh round of economic lockdowns and weak retail sales data dampened the euphoria caused by potential vaccine breakthroughs. Federal Reserve Chair Jerome Powell said on Tuesday it was not time to shut down emergency programs aimed at battling the economic fallout from the coronavirus pandemic, with cases again surging and the economy left with “a long way to go” to recover. Asian equities, too, were set for a sluggish open on Wednesday, tracking a lower Wall Street session. At 07:23 AM, Nifty futures on the Singapore Exchange (SGX) traded 30.5 points, or 0.24 per cent at 12,903.20 levels, indicating a muted start for the Indian market on Wednesday. In commodities, oil prices edged lower in post-settlement trade on Tuesday. Back home, shares of Wipro may remain in focus today as the IT services major on Tuesday said its shareholders have approved up to Rs 9,500 crore share buyback plan at Rs 400 per share.

After logging fresh closing peaks in Saturday's Muhurat trading session, the domestic equity market is expected to see a muted start on Tuesday, as indicated by SGX Nifty. At 07:09 AM, the Nifty futures on the Singapore Exchange (SGX) were trading 22 points, or 0.17 per cent lower at 12,881.50 levels.   The stock markets were closed on Monday on account of Diwali Balipratipada.   On Saturday, the S&P BSE Sensex ended the session 195 points, or 0.45 per cent, higher at 43,638 while NSE's Nifty ended at 12,771, up 51 points.   In the overnight trade, the S&P 500 and Dow Jones industrial average notched record closing highs on Monday as news of another promising coronavirus vaccine fanned hopes of eradicating Covid-19, while spiking infections and new shutdowns threatened to hobble a recovery from the pandemic recession.   Moderna Inc said its experimental Covid-19 vaccine was 94.5 per cent effective in preventing infection based on interim late-state data. It was the second drugmaker, after Pfizer, to announce promising trial data in the development of a vaccine to defeat the pandemic. Moderna shares gained 9.6 per cent on the day.   Following the development, Asian stocks, too, opened firmer on Tuesday.   In commodities, oil prices edged higher ahead of OPEC+ meeting.   Back home, market participants are likely to opt for a stock-specific approach while also reacting to key macro numbers.   The wholesale price index-based (WPI-based) inflation rate rose for the third straight month to an eight-month high of 1.48 per cent in October from 1.32 per cent in the previous month. Unlike its consumer price index (CPI) counterpart, pressure did not come from food items in general. These were manufactured products, particularly pharma and metals, that fuelled the WPI inflation rate.   The long-awaited privatisation process for Bharat Petroleum Corporation (BPCL) is finally moving to its second stage with at least three to four companies submitting expressions of interest (EoIs). The government had to extend the deadlines for submission of EoIs four times before setting the final deadline on Monday. Reliance Industries, however, did not put in a bid, nor did its partner Saudi Aramco.   In a separate development, Reliance Industries’ (RIL’s) retail arm has acquired 96 per cent stake in Bengaluru-based online furniture retailer Urban Ladder for over Rs 182 crore.   Meanwhile, HDFC Mutual Fund on Monday said its board of directors had approved the appointment of Navneet Munot as its next managing director and chief executive officer.   On the Covid front, India has reported 30,715 fresh Covid-19 cases in the past 24 hours. The total caseload now stands at 8,845,617. Delhi's health minister, however, on Monday said that the third coronavirus wave in Delhi has peaked.

Rehan Ahmed, Head of Fixed Income (FI) Products & Digital Assets at Singapore Exchange (SGX) speaks to ICMA on SGX’s innovations in the digital bond issuance space and the structural shifts in the industry. Rehan discusses SGX’s recent pilot issuance for Olam International and share his views on future trends for the digitalisation of financial assets and its long term impact on FI securities markets. SGX’s recently published white paper on digital fixed income assets can be downloaded here.

Making headlines recently, the Singapore Exchange (SGX) will be creating two new cryptocurrency indexes with the goal of setting the pricing standard for Bitcoin and Ethereum in Asia. Nigel Green, Founder and CEO, deVere Group shares how Bitcoin and other cryptocurrencies have changed and shake up the financial scene and why he thinks Bitcoin could potentially replace gold. See omnystudio.com/listener for privacy information.

Geoff Howie, Market Strategist at the Singapore Exchange (SGX), discusses the possibility of REITS and other defensive stock options in the city state potentially being on the table for investors who are wary of the frothiness (and dearth of fundamental reasons) in so-called 'risky' assets.

Fading hopes of a government stimulus, rupee movement against the US dollar, and global cues are likely to dominate investor sentiment today. Most investors were expecting the government to increase spending to shore up economic growth, however, comments by some government officials have dashed hopes of a big-bang stimulus. Yesterday, Chief Economic Advisor Krishnamurthy Subramanian said one could not expect the government to use taxpayers’ money to intervene every time some sectors go through “sunsets”. Commerce and Industry Minister Piyush Goyal said while fiscal stimulus was a good idea, the government would be criticised for leaving fiscal prudence.  NITI Aayog Vice-Chairman Rajiv Kumar has described the current stress in the financial sector as “unprecedented”, saying that it made a case for "extraordinary steps" to deal with the crisis. That apart, market participants will also track oil price movement, foreign fund flow, and stock-specific action for market direction. Meanwhile, the International Monetary Fund (IMF) has raised doubts about India's tax revenue estimates and GDP growth target and has asked India to explain how it is confident of meeting its revenue estimates for the year, given the current state of economic growth and historical buoyancy. In the currency market, the rupee on Thursday plunged to its lowest level in 2019, closing at 71.81 against the dollar, 26 paise below its previous close. The benchmark S&P BSE Sensex dropped nearly 600 points to end at 36,473, while the Nifty ended at 10,741, down 177 points. And, now let's take a look at stocks that are likely to trade actively in today's session.  Shares of Future Group companies may hog the limelight today after the company said American e-commerce giant Amazon.com is acquiring a 49 per cent stake in a group entity — Future Coupons Ltd. That apart, YES Bank may also be in focus today as news reports suggest it is looking for $1.9 bn of equity infusion.  And, now let's take a look at the global markets.  US equities ended little changed on Thursday. The Dow Jones rose 0.19 per cent, the S&P 500 0.05 per cent, and the Nasdaq Composite dropped 0.36 per cent. Stocks in Asia opened mixed on Friday. Shares in Japan and Australia were flat, while equities in South Korea dipped. At 07:52 am, Nifty futures on the Singapore Exchange (SGX) were trading 6 points or 0.06 per cent lower at 10,713, indicating a flat start for the Indian market today.  And, before we wrap up, here's a quick look at the top headlines for the day -  >> CBI court sends P Chidambaram to custody till August 26 in INX media case >> Sebi's move to ease norms for FPIs likely to attract West Asian banks;  >> Falling share prices may hit govt's PSU divestment plan; and >> HSBC lays off 150 employees from India back offices for 'realignment'.

In today's session, investors may react to reports that the government may exempt foreign portfolio investors from additional surcharge. Overseas investors have pulled out nearly Rs 22,000 crore from domestic equities since the surcharge decision was introduced in the Union Budget on July 5. Moreover, Finance minister Nirmala Sitharaman will today meet market participants including senior officials of foreign portfolio investors and mutual funds to ascertain views on current issues relating to financial markets. Investors will continue to react to June quarter earnings, first the ones declared yesterday after market hours and the 249 others scheduled to be announced today that includes Spicejet, Britannia Industries, MRF, BHEL, and Cadila Healthcare, among others. Analysts expect SpiceJet to post robust growth in net profit and earnings before interest, tax, depreciation, amortization and restructuring and rent cost (EBITDAR) margin in its Q1FY20 results. You can read our full preview on what analysts expect from SpiceJet's result on our website.  Apart from this, investors will also track global cues, any progress in monsoon, foreign fund flow, rupee's trajectory, and oil price movement. They will also look out for the industrial production data for June which is set to be declared later today. The Sensex rose 1.74 per cent to end at 37,327, while the Nifty50 index gained 1.63 per cent to settle at 11,032 on Thursday. Now, let's take a look at the global markets.  The US equities continued to rebound on Thursday. The S&P 500 registered its largest one-day percentage gain in about two months, with the Dow and the Nasdaq also climbing more than 1 per cent each. Asian shares caught the tail of a Wall Street rally on Friday. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.2 per cent but was on track to lose 2.3 per cent for the week. Japan’s Nikkei average advanced 0.6 per cent, while Australian stocks stood flat and South Korean stocks gained 1 per cent. Nifty futures on Singapore Exchange (SGX) were trading 19 points or 0.17 per cent higher at 11,090 levels, indicating a positive start for the Indian market.  And, before we wrap up, here're the top headlines for the day -  >> The Coffee Day Enterprises board has appointed EY for forensic audit DHFL has informed the stock exchanges that it may not be able to repay due in the near future The Ministry of Corporate Affairs has said it would only look at whether the allegations of governance lapses were a management dispute or volation of companies law The board of Reliance Capital has denied all allegations raised by the erstwhile auditor PricewaterhouseCoopers (PwC) in its letter to the Ministry of Corporate Affairs.

Corporate earnings and global cues will be the biggest factors giving direction to the markets today. As many as 175 companies, including Page Industries and Ultratech Cement, are scheduled to announce their June quarter earnings today. Market participants will continue to track the Kashmir situation, the progress in monsoon, foreign fund flow, rupee's trajectory, and oil price movement. They will also react to the results announced yesterday post the market hours. HCL Technologies posted an 8.2 per cent year-on-year (YoY) decline in its June quarter net profit at Rs 2,230 crore while revenue rose 18.4 per cent rise YoY to Rs 16,425 crore. Tata Steel reported a lower-than-expected consolidated net profit of Rs 702 crore. This was down 64 per cent for the same period last year, even as its India operations took a hit. Yesterday, the Sensex fell 0.8 per cent to end at 36,690 while the Nifty50 index dropped 0.9 per cent to close at 10,856 as the RBI reduced the annual growth forecast for the economy and cut interest rate to help revive demand. The rupee edged lower by 8 paise and closed at 70.89 against the US dollar. In the primary market, the initial public offer of Sterling & Wilson Solar Limited was subscribed 32 per cent on the second day of bidding on Wednesday. Now, let's take a look at the global markets. The US markets fell on Wednesday as investors rushed into the safety of US government bonds, fearing that the US-China trade war will inflict broad damage on the global economy. The Dow fell 0.09 per cent to 26,007, the S&P 500 gained 0.08 per cent to 2,884 and the Nasdaq Composite added 0.38 per cent to 7,863. Early Thursday, Asian share markets were wobbly. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.03 per cent while Japan's Nikkei inched up 0.1 per cent. In commodity markets, oil prices slipped to near seven-month lows. International benchmark Brent crude futures fell 2.5 per cent to $57.44 a barrel, while US crude dropped 2.5 per cent to $52.31. Nifty futures on Singapore Exchange (SGX) are trading 7.50 points or 0.07 per cent higher at 10,872 levels, indicating a flat to positive start for the Indian market. 

All eyes are set on the Reserve Bank of India’s monetary policy committee today which is widely expected to reduce policy rate further to help revive the economy. As per a survey by Reuters, almost 80 per cent of 66 economists polled expected RBI to cut the repo rate by 25 bps. Besides, Kashmir situation, next leg of corporate earnings, and global cues will continue to sway investor sentiment. They will also react to Indiabulls Housing Finance and other corporate results announced yesterday after market hours as well as keep tabs on the progress in monsoon, foreign fund flow, rupee's trajectory, and oil price movement. The S&P BSE Sensex ended Tuesday's session at 36,977, up 0.75 per cent, and the Nifty50 closed at 10,948.25 levels, up 0.79 per cent. The rupee edged lower by 8 paise and closed at 70.81 against the US dollar. In the results corner, as many as 147 companies, including HCL Tech, Mahindra & Mahindra, Lupin, Voltas, Tata Steel, and Siemens are scheduled to announce their June quarter earnings today. And, now news from the primary market. The IPOs of microfinance lender Spandana Sphoorty Financial as well as Sterling & Wilson Solar were subscribed 30 per cent and 10 per cent, respectively, on Tuesday. Spandana’s Rs 1,200-crore issue closes today and Sterling’s Rs 3,125-crore offering will close tomorrow.   Now, let's take a look at the global markets. US stocks jumped over 1 per cent on Tuesday as China stepped in to stabilize the yuan. Asian shares steadied slightly on Wednesday. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.05 per cent in early trade, while Japan's Nikkei bucked the trend to slip 0.26 per cent. In the commodities market, oil prices weakened, with Brent crude slipping to seven-month lows over worries about weakening world demand. Brent crude futures fell 0.36 per cent to $58.73 a barrel. Nifty futures on Singapore Exchange (SGX) were trading 39.50 points or 0.36 per cent lower at 10,923 levels, indicating a negative start for the Indian market.  And, before we wrap up, here're the top headlines for the day -  >> IndiGo spat resurfaces, Gangwal says he won't vote to expand board;  >> NSE, SGX receive Sebi, Monetary Authority of Singapore's approval for creating trade link at Gift City; >> Govt asks NCLT to freeze assets of IL&FS arm's audit partners Deloitte, BSR;

Global cues and early trends of Nifty futures on the Singapore Exchange (SGX) indicate a flat start for the domestic stocks on Tuesday. Stocks in Asia were largely tepid in the early trade, as investors looked toward a meeting between the US President Donald Trump and Chinese President Xi Jinping set to happen later in the week. On Wall Street, US stocks ended mostly lower as losses by healthcare companies overshadowed gains in the technology sector. The Dow Jones Industrial Average rose 0.03 per cent, to 26,728 while the S&P 500 lost 0.17 per cent to settle at 2,945 levels. The Nasdaq Composite dropped 0.32 per cent to close at 8,005.70 levels.  In the commodity market, oil prices were steady supported by worries over conflict between Iran and the United States but pressured by concerns about a potential decline in demand for crude.  Back home, the benchmark S&P BSE Sensex on Monday settled 72 points lower at 39,123 while the broader Nifty50 dipped 24 points to 11,700. And, now the top market headlines from today's newspaper -  Sebi plans to tighten rules of pledging shares by promoter group entities;  Number of penny scrips, ie. stocks quoting in single-digits surge over 50 per cent since 2018 while those in high-denominations drop; Loans sanctioned by NBFCs drop 31% in Q4 due to loss of investor confidence;  In the primary market, the initial public offer of IndiaMART InterMESH was subscribed 50 per cent on the first day of the offer on June 24. And, now in stocks to watch today, we have SBI Life, steel stocks, ERIS Lifesciences, IFCI.

Ironic? A fractious divide in the Bitcoin Cash community has raised fears that the cryptocurrency – the fourth largest by market cap – could split into two.The Monetary Authority of Singapore (MAS) and the country's stock exchange, Singapore Exchange (SGX), have developed a settlement system for tokenized assets that can work across different blockchains.Global professional services giant Accenture has rolled out a new software license management application built with tech from distributed ledger startup Digital Asset.The U.S. Commodity Futures Trading Commission (CFTC) has jailed a bitcoin trader and fined him over $1 million for running a fraudulent bitcoin and litecoin scheme.Late Confirmation is a CoinDesk production.For more information, visit www.CoinDesk.com

On the podcast this week, Anthony and James first look at recent Brexit developments and examine how tech providers—and, specifically, Approved Publication Arrangement (APA) operators—are dealing with the looming 2019 Brexit deadline (1:15). They then provide a quick update in the fight between the Singapore Exchange (SGX) and the National Stock Exchange of India (NSE) (8:30). They hit on an important Supreme Court decision involving fourth-amendment rights and cellphone data (13:45) before transitioning to Tuesday’s primary elections in the US (18:30). They wrap things up by looking at some of the early results from this year’s World Cup (29:15). https://www.waterstechnology.com/risk-management-performance-reporting/3709301/bloomberg-eyes-amsterdam-for-trading-and-reporting-platforms https://www.waterstechnology.com/exchanges-trading-venues/3707136/sgxs-indian-products-live-for-now

On the podcast, Wei-Shen Wong, Waters’ Asia editor, joins to discuss the dispute unfolding between the Singapore Exchange (SGX) and India’s National Stock Exchange (NSE) over index licensing. Before that, though, Anthony and James look at how the European Securities and Markets Authority (Esma) has come down on reporting platforms, saying that the data they make available to the public is often not exactly in line with what the regulator wanted when it rewrote Europe’s trading rulebook. Esma v Reporting Platforms 2:00 What is the problem that Esma is looking to address? 3:15 What is Esma asking reporting platforms to do? 4:30 What are the main concerns for the reporting platforms? 6:00 What are politicians and market participants saying? https://www.waterstechnology.com/regulation-compliance/3672661/apas-under-pressure-as-esma-cracks-down-on-data-tangle NSE v SGX 10:30 Wei-Shen joins and begins by laying out the groundwork for how we got to this point, which started with the Securities and Exchange Board of India (Sebi) asking the three main exchanges in India to terminate their existing market data licensing agreements with foreign partners. https://www.waterstechnology.com/regulation-compliance/3672661/apas-under-pressure-as-esma-cracks-down-on-data-tangle 16:00 The resolution to this fight might have roots in a case that was settled a few years ago in the United States. https://www.waterstechnology.com/exchanges-trading-venues/3610416/singapore-exchange-hits-back-at-indias-data-pull 17:30 What happens next? 18:00 Sebi’s decision is viewed by some as a political move and by others as a last resort. Either way, there are concerns all around that its decision will not achieve the desired results. 20:00 What are the greatest concerns going forward? 22:30 MSCI is also not pleased about Sebi’s decision. Misc 24:00 Wei-Shen and Tony discuss their summer plans.

The Singapore Exchange (SGX) will publish its response by end March to a consultation issued last year on dual class shares (DCS) - the controversial structure which allows founders and certain shareholders to have higher voting rights or dividends than others. The Business Times Associate Editor Lee Su Shyan breaks it down and what this means.

It's a milestone year for Singapore-listed companies where sustainability reporting is mandatory for the first time. We chat with Virginie Maisonneuve, Chief Investment Officer at EastSpring Investments and Michael Tang, Head of Listing Policy and Product Admission at the Singapore Exchange (SGX).