News

Ascendas REIT leads the pack with a net institutional inflow of $69.1m.

Singapore’s demand for health care services continues to outstrip supply.

Profits were hit by gestation loss for Raffles Hospital Chongqing.

All of its business segments posted increases in net profit.

Wind turbine maker Siemens Gamesa will issue green guarantees under the facility.

It aims to help ease tenants’ cash flows amidst COVID-19.

And Bukit Sembawang Estates sold 64% of units of Luxus Hills Contemporary Collection.

The most expensive deal is a 29,049 sqft building sold for $2,730 psf.

ComfortDelGro saw the sharpest decline amongst top active stocks with a 1.46% contraction.The Straits Times Index ended 17.65 or 0.55% lower at 3,181.03.The top active stocks were DBS, which inched down 0.08%, Singtel, which fell 0.96%, UOB, which slid 0.73%, ComfortDelGro, which dropped 1.46%, and OCBC Bank with a 0.18% slip.The FTSE Mid Cap dipped 0.65% whilst the FTSE Small Cap edged down 0.94%.

Lower revenues were reported for the Mobile, Pay TV, and broadband lines.

Growth was driven by higher profits from the Oils and Oilseeds segments.

He was connected to a consultant engaged by its subsidiaries on contracts with Sete Brasil.

The deal is said to bear the lowest coupon for any AT1 USD deal in the world.

The contraction in profits was due to losses incurred by the marine and energy business.

The city’s public finances remain sound despite a higher budget deficit.

The deal includes about $358m of fixed rate notes offered in three tranches.