In Focus

Luxury homes flourish amidst renewed vigour from ultra-rich foreign buyers

Luxury homes flourish amidst renewed vigour from ultra-rich foreign buyers

Transactions are back to pre-2007 crisis levels as billionaires hedge for potential losses amidst uncertainties.

Total returns of top 50 stocks hit 12% QTD

Seven firms are noted to have higher total returns compared to the best-performing trust.

Singapore falls to fifth place in top cities rankings

This was blamed on tighter competition across major Asian cities.

Businesses turn bullish for Q1 2020

Local firms have positive outlook for five in six indicators.

PMI rose 0.2 points to 49.8 in November

Factory output and inventory sped up in expansion.

Buyback value soars threefold to $52m in November

Keppel REIT led the pack at $28.63m or 51.29 million shares.

Strata-titled retail unit sales crashed 55.3% to $64.3m in Q3

There were 46 caveats lodged in the same quarter, which is 36.1% lower than in Q2.

Real wages tipped to grow 3.6% in 2020

Across Asia, real-wage salaries are expected to show the highest growth at 3.1%.

Asset headwinds spell trouble for Singapore banks

OCBC and UOB have both flagged downgrades in some of their corporate accounts.

Manufacturing output up 4% in October

Output from the biomedical manufacturing sector jumped 24%.

Home price hikes could persist until Q3 2020

Although prices normally rise for 8.7 quarters, global headwinds could suggest shorter growth.

Consumer confidence falls to lowest in 2 years

Confidence fell to 89 points in Q3 amidst recession concerns and rising food prices.

Uncompleted home listings surged 45% to 3,628 units in Q3

62.7% or 2,275 units were from 12 newly launched projects.

Over 1,300 food delivery riders could get hit by e-scooter ban

Deliveroo and foodpanda said they will stop working with errant riders in light of the ban.

Tightened rules on auditing call for higher tech and workforce investments

The Big 4 are strenghtening their audit advisory services and expanding into cybersecurity and compliance.

What's next for Singapore's mature power market?

Growth for power producers lies in innovations geared towards grid transition, according to S&P Global Ratings.

Growth of grade A office rents stalls as tenants delay expansion plans

Rents hit the wall after eight consecutive quarters’ growth.