Markets & Investing

Keppel Land foresees $719.8m net profit

A net gain of $394m is expected by Keppel Land instead of the $321m reported earlier.

Keppel Land foresees $719.8m net profit

A net gain of $394m is expected by Keppel Land instead of the $321m reported earlier.

MAS’ attempt at currency control is mission impossible: DBS

DBS says the central bank’s US$17bn intervention in currency markets in October is part of its attempt to do the impossible— to control the currency...

DBS asset management acquires 7.25% interest in Nikko asset management

Nikko Asset Management will obtain DBS Asset Management for S$137 million in their signed agreement to combine both asset managements.

Keppel expects 4.0% net profit growth for FY2012E

Keppel Corporation said year-on-year increase of 9.6% in net profit is expected for FY2010E. A slow and steady growth in its net profit is forecasted...

Singapore ranked Asia Pacific's 3rd biggest in investment volume

A huge rise of 358% growth in investment volumes was recorded for Singapore. According to Jones Lang LaSalle's Capital Markets Bulletin, this growth...

Kim Eng expands retail investor base with its first investor centre

The group has also launched KE Forex, for trading foreign exchange and KE Trade Mobile, a iPhone app for stocks trading.

Amtek Engineering joins SGX Mainboard

The design and manufacturing solutions provider has a market capitalisation of S$706 million and manufacturing facilities in eight countries across...

Singapore Exchange lists Credit Suisse to clear OTC financial derivatives

Credit Suisse also seen to strengthen SGX’s capabilities in the interbank interest rate swap market.

Average Singaporean now earns $2,500

Singaporeans should be happy with their monthly income rising by 4.2% over the year. According to OCBC, the median monthly income of residents in...

Singapore businesses to expand on 2011

97% of businesses in Singapore perceive their domestic regulatory and taxation environment to be business friendly. According to ICAEW Global...

Singapore Exchange lists Sabana REIT

The world’s largest Shari’ah-Compliant REIT opens its doors to a pool of investors who require their investments to be made in accordance with Shari...

Palm oil giant debuts on SGX

Mewah International Inc, a producer of a wide range of refined and fractionated vegetable oils and fats principally from palm oil, is one of the...

Developers cutting back on tenders

Developers are showing signs of being "more prudent" in their bidding for new land sites, says DBS Vickers.

DBS gets its $800 milion injection

Singapore's local bank had no problem raising the $800 million in preference shares. According to a company statement, allocation of the 4.70% non...

Mickey Mouse units remain hot

More smaller-sized units being transacted in Q3 according to DTZ

Time to cash in those Singapore stocks: BNP Paribas

The brokerage has set its STI target to 3,300 citing concerns that the government is likely to continue introducing measures to cool down the...

Singapore office rents grew 10.9% in 3Q10

Singapore was ranked 4th in terms of Grade A rental performance and considered the best in Asia Pacific alongside with Beijing. In the survey...