Singapore

GIC and Sequoia China invest $54.04m in Korean app maker

The deal is GIC’s first investment for a Korean startup as well as Sequoia China’s first venture in a Korean company.

MindChamps acquires Sydney preschool for $5.5m

Two more Sydney pre-school centres are in the process of acquisition.

Foreign direct investment from Singapore fell 11.79% to US$24.7b

This was due to a significant fall in foreign direct investments in the financial sector.

Singapore NODX surged 15.5% in May

Non-electronics jumped 26.2% and offset the 7.8% decline in electronics.

Noble Group eyes sale of Ocean Forte for $32.2m

It expects to gain profits of US$300,000 from the sale.

How Singapore can truly become a smart nation

Singapore is seeing the possibilities and benefits of adopting smart city initiatives and infrastructures. In line with the milestones set in place by Singapore’s Smart Nation Initiative in late 2014, the government has been putting in the effort and resources to meet their timeline.

Daily Markets Briefing: STI down 1.05%

Investors are urged to take caution.

Chart of the Day: Singapore-listed equity raising in H1 jumped 208.6% to $4.33b

It was bolstered by follow-on offerings with proceeds worth $3.79b.

Singapore's Ho Bee Land buys London Grade A office tower for $1.16b

The property, Ropemaker Place, is 21 stories high and 602,000 sqft large.

SGX to list Nifty contracts after August amidst arbitration

The hearings after arbitration are expected to start early-2019.

SGD bond markets down 41.9% to $7.5b YTD

LTA’s $1.2b bond offering is 2018’s largest so far.

Industrials led Singapore's cross-border IPOs in H1

They had a market share of 39% and total proceeds of US$36m.