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SINGAPORE, Sept. 27 (Xinhua) -- Singapore shares closed 0.75 percent higher on Wednesday, as some bargain hunting emerged amid simmering geopolitical uncertainty in Northeast Asia.
Investors also hoped for progress on major tax reform in the United States.
U.S. President Donald Trump and Republicans in Congress are due to outline a tax plan on Wednesday.
If passed, it would be the first significant legislative victory for Trump since taking office in January. It also bode well with Wall Street as corporate tax cuts would potentially boost company profits, while a tax amnesty on offshore cash holdings could fuel share values as well as demand for the greenback.
Singapore's benchmark Straits Times Index rose 24.11 points to 3,236.15 points. Trading volume was 1.75 billion shares worth 1.08 billion Singapore dollars. Advancers outnumbered decliners 237 to 170.
Among top actives, Mandarin Oriental International plunged 28 percent to 2.01 U.S. dollars. The hotel operator said none of the proposals received for its Hong Kong-based property Excelsior met its expectations completely, and it will continue to review other options. Earlier this month, it said it will test market interest for the sale of Excelsior.
Mapletree Industrial Trust rose 0.5 percent to 1.85 Singapore dollars. It said it is expanding its investment mandate to include overseas data centers. The strategy change its track record in building data centers in Singapore and extends its foothold in the fast growing segment. The trust currently has four data centers in Singapore, of which one is under development.
Among top gainers, UOB rose 1.4 percent to 23.84 Singapore dollars, whereas Jardine Strategic became one of the top losers by falling 1.4 percent to 42.89 U.S. dollars. (1 U.S. dollar = 1.36 Singapore dollars)
Xi says international community must cooperate on global security
Chinese vice premier visits basketball players before friendship game
Highlights of Turkish-Iraqi joint military drill
Mexico quake death toll rises to 333
Modern manufacturing, transport help six Chinese provinces develop fast
A look at Kantuman Bazaar in China's Xinjiang
Scenery of terraced fields in Houyuan Village, China's Fujian
Scenery of high-speed rail networks in south China's Guangxi
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BEIJING, Nov. 30 (Xinhua) -- Asian Football Confederation President Shaikh Salman hailed the past 12 months of Asian football a ""remarkable season"" on Sunday.
Shaikh Salman made the comments at the AFC Annual Awards extravaganza in New Delhi, India.
Looking back this year, records were broken from the opening days of January in Australia right up to last few days in Guangzhou, according to Salman.
""Record crowds, up 35 per cent, in the Asian Cup in Australia -TV audiences were an all-time high and the way we engaged with fans across the continent reached new levels,"" said Salman.
In the past season, more than 260 million people watched on television across the continent, a remarkable 2.25m attended the games with record average attendances.
Salman also sent his congratulations to Guangzhou Evergrande on winning the Asian Champions League by defeating Al Ahli of the United Arab Emirates.
Besides, in 2015, the AFC became the first confederation to hold a Women's Futsal Championship.
In Canada World Cup, women's football has again shone on the global stage with South Korea, Australia, China and the eventual runners-up Japan all advancing beyond the group stages.
""For a long time people talked of the future being Asia, I am now convinced that the present is Asia. I am certain that we stand on the very brink of greatness in this continent - the dawning of the Asian age,"" said Salman.
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