Markets & Investing
SGX's profit up 7% to $363m in 2018
SGX's profit up 7% to $363m in 2018
Almost half of the revenue came from equities and fixed income.
Temasek prices US$1.35b bonds at 72 bps over Treasuries
Investors will be paid every six months, at a coupon rate of 3.625% per annum.
4 in 5 Singapore SMEs eye expansion in the ASEAN
2 in 5 firms target Indonesia for further expansion.
Temasek leads US$85m funding round for US fitness startup
ClassPass targets expansion in Southeast Asia.
Temasek to launch 10-year US dollar bond offering
Only qualified institutional investors and buyers inside and outside the US can buy the bonds.
Half of middle-market firms target 6-10% growth in 2018: EY
But slow cash flow and global growth challenge these ambitions.
Fincantieri extends Vard Holdings' exit offer to 8 August
The deal is now unconditional.
SGX eyes listing of MOG firms in early development stage
They can join the Catalist starting 23 August.
SIC alters takeover rules for dual class share firms
It wants to add relief for shareholders required to make general offers.
Nikko AM unveils SGD bond ETF for retail investors
It will list on the SGX on 27 August.
Director fined $57,000 for 38 Companies Act charges
He failed to hold the annual general meeting and file annual returns for 19 firms.
SGX to expand clearing houses' management powers during defaults
It wants to auction clearing members’ positions in derivatives if they ever default.
Singtel arm to buy assets from US advertising firm for US$101m
The deal includes Videology’s tech platform, intellectual property, and assets around US$5.3m.
Singapore asset management firm Golden Equator Capital co-leads $120m funding for SEA tech companies
A proportion of the fund is reserved for Korean firms looking for SEA expansion via Singapore.
Daily Briefing: GIC annual returns slipped to 3.4% from 3.7% in 2017; Airbnb hopes for ‘fair and progressive' policies on short-term stays in Singapore
And Hongkong Land yielded US$988.4m from investments properties in 2017.
$17m of Xiaomi warrants traded at launch
Call warrant MPAW at HK$20 was the most traded for the week.
GIC lauds China and India as growing areas of tech investment
Emerging markets are leapfrogging due to openness and less mature industries.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform