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MARKETS & INVESTING | Staff Reporter, Singapore
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Daily Briefing: Noble gets creditors' in-principle approval; Suntec REIT to pay dividends today

And here are five perks you can enjoy with the right credit cards.

From Reuters via Yahoo! Finance:

Struggling commodities trader Noble Group Ltd said on Monday that it had reached an in-principle agreement with a group of senior creditors for a restructuring of its debt.

The in-principle agreement was reached with an ad hoc group of creditors representing about 30 percent of its senior debt instruments and will reduce Noble's existing senior debt instruments to $1.7b from $3.4b, the company said in a statement.

Read more here.

From GET.com:

Credit cards can help you save money if you are savvy. Although credit cards may seem intimidating at first, they become powerful money-saving tools when you learn how to use them responsibly. With finesse and a little effort, you can chalk up savings on practically everything you spend on, such as dining, travel and petrol.

Below, we at GET.com share with you the five best perks you could enjoy if you have the right cards, along with some card recommendations.

Read more here.

From The Motley Fool:

Suntec REIT is the first composite REIT in Singapore, owning both retail and office properties.

It is dishing out 2.604 Singapore cents per unit for the fourth quarter. For the full year ended 31 December 2017, gross revenue rose 7.8% year-on-year to $354.2m while net property income (NPI) grew 8.9% to $244.5m. The improvements were due to the contribution from Australia’s 177 Pacific Highway, which was partially offset by lower retail contribution.

Units of Suntec REIT are currently selling at S$2.15. This translates to a price-to-book (PB) ratio of 1.01 and a trailing distribution yield of 4.7%.

Read more here.

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