News

Total company dividends to drop 4.5% in 2020

UOB is expected to suspend its special dividend for 2020.

CapitaLand obtains $500m sustainability-linked bilateral loan

This brings the total funds raised to over $2.42b.

NUS raises $300m through maiden green bond

It will finance projects under its Green Finance Network.

SGX plunges most in 17 years as MSCI signs pact with HKEX

The move deals a blow to SGX, which considers the Hong Kong bourse one of its main rivals.

Chart of the Day: Far East Hospitality Trust's master leases led by fixed rents

Slow demand poses a risk to hotels receiving mainly fixed rents.

Daily Markets Briefing: STI down 0.43%

SGX saw the sharpest decline amongst top active stocks with a 11.62% contraction.

Utico lobbies to pay Hyflux creditors with equity

The initial cash offer did not gain support from creditors.

Business receipts down 1.1% in Q1

The recreation and personal services industry led the fall amongst sectors.

Stable playing field a gain for Singapore banks: report

High credit costs can be covered by profits.

Manufacturing output up 13% in April

This is largely attributed to the pharmaceuticals segment which grew 141.3%.

IEA appeals allowing on-site viewing of property units

The industry is said to suffer further losses if suspension extends beyond 2 June.

Singtel's Indian unit divests 2.75% stake for $1.63b

Bharti Group and Singtel will continue to own 56.23% in Bharti Airtel.

Daily Markets Briefing: STI up 1.22%

CityDev led the gains amongst top active stocks with a 3.66% expansion.