Markets
Winking Studios net profit plunges 70.5% in FY2024
Winking Studios net profit plunges 70.5% in FY2024
However, it saw an 8.9% YoY increase in revenue, reaching $43m (US$31.9m) in FY2024.
UOB Kay Hian FY 2024 profits surge 31% YoY
EPS was at $0.2442.
OCBC leads regional sustainable finance rankings in 2024
As of September 2024, the bank’s sustainable finance loan commitments reached $64.7b.
SG’s investment sales fall 20% QoQ in Q4 2024
Despite this, the total investment deals in 2024 increased by a substantial 28.7%.
Heeton Holdings expects improved profit after 2023 loss
The company mainly attributes this to better business performance.
Overall business sentiment climbs to 80% in 2024: report
Medium enterprises were the most positive about their business sentiment.
Singapore weighs tax incentives to boost equities market
Further measures are expected in the second half of the year.
PAKT launches climate-controlled wardrobe service in Singapore
It provides premium storage, digital inventory, and white-glove care to protect wardrobes from the city's humid climate.
DBS, OCBC, and UOB’s STI weight rises to 54.3% in 2024
The three banks drove the STI’s 23.5% total return in 2024 but were outpaced by Yangzijiang Shipbuilding.
H1 2025 sees strong business confidence in most sectors: report
Meanwhile, the F&B and the transportation and storage sectors are less optimistic.
Catalist to mainboard firms show 9.4% median return
LHN led with a 41% annualised return.
Daily Markets Briefing: STI down 0.06%; Top stock is Singtel
Singtel is the top stock with a 2.89% increase.
Sembcorp, DBS seen exceeding Q4 forecasts: report
Downside risks are anticipated for companies such as Wilmar International, and Singapore Exchange.
Singapore loan market sees nearly 49% growth in 2024
Key driver was the borrowing activity by commodities firms, which accounted for US$18.4b or 23% of the total loan volume
76% of Singapore firms disclose nature-related issues: study
But, only 14% have aligned with the Taskforce on Nature-related Financial Disclosures framework.
Singapore less exposed to US tariff risks
However, it is vulnerable to negative trade shocks or a US economic downturn.
Equities market set to moderate in 2025 on US rate cuts
Experts predict interest rates to settle at 3.50-3.75% by end-2025.
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