ERP rates to increase at 23 gantries across Singapore
As part of the Land Transport Authority's quarterly review of ERP-priced roads and expressways, rates across 23 Electronic Road Pricing (ERP) gantries around the island are set to go up, effective November. This may be the largest instance of gantries affected this year and motorists passing through 23 of these gantries around...
Credit Suisse report cuts SGX to ‘underperform’
Credit Suisse has cut Singapore Exchange to 'underperform' from 'outperform' and lowered its target price to S$7.50 from S$11.20. In the report, Credit Suisse said: ...although SGX's bid to take over Australia's ASX Ltd could be accretive for earnings per share, it could be destructive to return on equity." Credit Suisse...
SGX’s A$8.4 billion takeover of the ASX faces new hurdle
Singapore Exchange’s A$8.4 billion takeover of the Australian Securities Exchange faces a new hurdle as key political leaders voice concern over the deal, sending ASX shares sharply lower. Senator Bob Brown, leader of Australia Green Party said he will not support the foreign takeover of the ASX, and did not believe the A$8.4...
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