Singapore
Market update: STI down at 0.91%
Market update: STI down at 0.91%
Hongkong Land and Jardine Cycle & Carriage were the only gainers at the index.
Gov't establishes framework to push for high quality green bonds
A committee will oversee the Singapore Green Bond Framework.
MapleTree Industrial trust divests Michigan data centre for $13.8m
It was sold to a non-interested third-party purchaser.
Top Glove Corporation's net profit plunges by 99% to $9.14m in Q3 2022
In the same period last year, its profit was $816.54m (RM2.06b).
S-REITs to provide higher income, resilience amidst global disruption: HSBC
Singapore’s economy will stand out from a growth trajectory perspective.
Changi Airport cuts down losses to $838m in FY21/22
Losses were cut on the back of a 33% increase in the group's revenue.
Organisations pay over $1m in ransom for ransomware attacks: study
Of those who paid, 56% were attacked for the second time.
Private residential supply up by 12.5% to resolve unsold inventory
The residential supply under the government programme was up to 3,505 units.
Chart of the day: Professional forecasters predict 4.8% economic growth in Q2
They expect GDP to expand by 3.8% by the end of 2022.
Market update: STI down at 0.5%
DFI Retail Group got the top index spot.
ComfortDelGro teams up with Alipay+ to enable cashless payments for tourists
Tourists, mainly Malaysians and South Koreans, can now use their local e-wallets to pay.
OCBC US$750m Tier 2 notes priced at 4.602%
Proceeds will be used for general corporate purposes.
HDB resale volume drops 5.1% MoM in May
May marked the second month of the decline in resale volume.
Lakepoint Condominium’s tender closes with no bids
It was relaunched for collective sale with a reserve price of $640m.
Yangzijiang Financial Holding puts up $200m share buy-back programme
It will increase shareholders’ value and improve return on equity.
Investors reduce exposure to US markets in May: broker
TD Ameritrade said its clients' score in the Investor Movement Index dropped to 5.74.
How Singapore can resolve economic barriers, uncertainties: MTI
It must invest in open trade, manage inflation, and reach climate goals.
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