News

Daily Markets Briefing: STI down 1.29%

YZJ Shipbuilding saw the sharpest decline amongst top active stocks with a 3.96% contraction.

Chart of the Day: Industrial property supply to weaken in 2021

Factory spaces may account for three-fourth of the overall supply.

Frasers Property floats tenant support package across 14 malls

Measures include shorter working hours and free lunch-time parking.

Appeal Court rules out breach of trust claims against crypto platform Quoine

It reversed erroneous trades that it made in a trading software in 2017.

SPH buys six aged care assets in Canada for $244.5m

This marks the company’s entry to the North American market.

CapitaLand's PATMI up 21.2% to $2.14b in 2019

Its Q4 revenue surged 94.8% to $926.6m, thanks to its residential developments in China.

City Developments' profit inched up 1.3% to $564.58m in 2019

Growth was driven by the unwinding of its second profit participation securities.

COVID-19 may spoil Singapore banks' new year despite good 2019 results

The virus and lower interest rates may hike up NPLs and weaken profits.

Changi's passenger movements up 5.2% in January

All regions saw growth in passenger movements for the month.

FCOT to waive brokerage fees for odd lots

The odd lots are part of the trust scheme in its proposed merger with FLT.

7 in 10 asset managers cancel plans amidst COVID-19 outbreak

Nearly two-thirds have also suspended travel to other parts of the world.

SIA freezes hiring for ground positions over coronavirus concerns

The group earlier suspended numerous flights to mitigate the outbreak’s impact.

Daily Markets Briefing: STI up 0.51%

ST Engineering saw the highest jump amongst top active stocks with a 5.24% growth.