Singapore
Great Eastern profits up 31% to $511.7m for H1
Great Eastern profits up 31% to $511.7m for H1
Higher investment income offset lower premium sales.
CapitaLand Retail China Trust NPI up 7.3% to $40.36m
Rents across its malls grew whilst operating expenses dipped.
Deliveroo Singapore revenue up 70% to $44.5m in 2018
This is mainly due to an investment of $20.7m from Deliveroo HQ for expansion purposes.
Singapore's JustCo leases 16-storey building in Seoul CBD
The 140,000-sqft space will open its doors in November 2019.
Lay Ann Ong assumes leadership as honestbee's new CEO
Meanwhile, Jonathan Low, the last of the co-founders, submitted his resignation effective 11 July.
Hyflux seeks another extension of debt moratorium
It is still in talks with potential strategic investors.
Frasers Logistics raises $258.1m through private placement
It will be used to fund the acquisition of 12 logistic facilities in Australia and Germany.
SGX net profit up 7.7% to 11-year high of $391.1m in 2019
The revenue of its derivatives business soared 35% as contract volumes grew.
Watten Estate Condo launched for en bloc sale at $536m
The tender will close on 18 October.
GIC to invest $600m in ADNOC's crude pipelines
It will take a 6% stake in ADNOC Oil Properties along with BlackRock and KKR.
SIA net profit down 20.42% to $111.1m in Q1
Losses from associated companies widened to $31m due to a drag from Virgin Australia.
Services sector outlook subdued for H2
Hoteliers are amongst the most optimistic whilst retailers expect lower turnover.
Over 1 in 5 manufacturers bearish about business in H2
Low demand for semiconductors, slow global economy and trade tensions hit the sector.
Household incomes up 2.4% to $11,780 in 2017-2018
An average of $4,910 a month is spent on goods and services.
Singapore benchmarks get go-ahead from European Union
Companies in the EU can continue trading derivative products linked to Singapore's benchmark rates.
Daily Markets Briefing: STI down 1.49%
DBS is the top active stock as it fell 0.30%.
Daily Briefing: Luxury home sales surge amidst inherited asset boom; Wealthtech startup Bambu raises $10m in Series B funding
And Finnish biofuel producer Neste will expand Singapore refinery for $2.44b.
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