SINGAPORE, May 17 (Xinhua) -- Singapore shares closed 1.65 percent higher on Tuesday, buoyed by rise in U.S. markets overnight.
U.S. stocks ended higher on Monday, fueled by a jump in Apple shares and gains from energy stocks that were backed by stronger oil prices.
DBS Group Research said "our view remains for the Straits Times Index to trade within 2,700 points to 2,835 points in the weeks ahead. The 2,685 points level is crucial. If the current correction continues beyond this level, the downtrend should extend further to 2,600 points before finding support."
Singapore's benchmark Straits Times Index rose 45.05 points to 2,781.11 points. Trading volume was 1.8 billion shares worth 1.18 billion Singapore dollars. Advancers outnumbered decliners 268 to 156, while 483 stocks did not move.
Singapore Airlines fell 1.6 percent to 10.63 Singapore dollars. Its system-wide passenger load factor (PLF) improved 1.8 percentage points to 77.1 percent in April. Its passenger carriage increased 1.9 percent compared to last year, against a 0.5 percent decrease in capacity.
Comparing year-on-year, demand of Singapore Airlines was boosted by East Asia routes primarily on the back of promotional activities. Its overall cargo load factor was 1.3 percentage points higher with growth in cargo traffic of 8.5 percent exceeding overall capacity increase of 6.3 percent. East Asia, Europe and South West Pacific regions showed an improvement in load factor with demand outpacing capacity changes.
Among the top gainers, Jardine Cycle and Carriage rose 4.6 percent to 33.71 Singapore dollars, whereas Courage Marine became one of the top losers by sinking 12.1 percent to 69 Singapore cents. (1 U.S. dollar equals to 1.37 Singapore dollars)
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IT’S finally time for China’s best-known and most successful boxer, Zou Shiming, to seriously rethink his professional career after being knocked out by Japan’s Sho Kimura in his first WBO world title defending bout at Shanghai Oriental Sports Center yesterday.
Facing his opponent, a relatively unknown 28-year-old Comprar Botas Mujer UGG Classic Sheepskin Tall 5815 Negras , 36-year-old Zou continued in his defensive style, stealing points with counter-punches while Kimura kept pushing forward to attack. Come round 11 of the 12-round bout, Zou’s deficit in stamina became evident when he fell to the floor after receiving a barrage of punches from his younger opponent.
The judge then called an end to the bout, as Zou encountered his first TKO defeat in his professional career, which started only four years ago.
The surprising defeat threw a packed Oriental Sports Center into total silence before an emotional Zou, who was in tears Botas Mujer UGG Classic Sheepskin Tall 5815 Sand España , gave a 5-minute speech to the home crowd.
“My tears are not because of my defeat, but for China’s boxing,” said the Guizhou Province native. “For a long time, China’s boxing has not been understood or paid enough attention to. Today I lost my bout, but if it has aroused people’s interest in China’s boxing, the it's served its purpose.”
Though he did not confirm his retirement, many are regarding the speech as his informal farewell to the professional rink.
Turning professional
Zou went professional as late as 32 years of age, after winning two Olympic gold medals in 2008 and 2012. Partnering with Chinese Sports promoter SECA Comprar Botas Mujer UGG Classic Sheepskin Short 5825 Chestnut , Zou signed a contract with US boxing promoter Top Rank, and was subsequently trained by Freddie Roach, Manny Pacquiao’s coach.
Top Rank was eyeing the Chinese market after noticing Zou’s reputation and recognition in China, a country where professional boxing is still at a very early stage.
Under Top Rank’s “protection,” Zou’s professional bout opponents had been carefully chosen.
On July 19, 2014, Zou beat Luis de la Rosa by unanimous decision in Macau for his first professional title, the WBO International flyweight title. His first world title came last November when Zou defeated Prasitsak Phaprom via unanimous decision to win the vacant WBO flyweight title in Las Vegas.
The Shanghai fight was Zou’s first professional bout, backed by his own company Zouxuan Sports. However [url=http://www.botasrebajas.es/botas-mujer-ugg-classic-sheepskin-short-5825-negras-