News
Starhub's profit down 5.6% to $37.3m in Q2
Starhub's profit down 5.6% to $37.3m in Q2
Most of its business segments saw decline in revenue.
CapitaLand's profit dropped 89% to $96.61m in H1
The group suffered from lower contributions from its malls and residential projects.
SGX RegCo proposes a new enforcement framework in the securities market
The firm aims to have powers on cases that call for public sanctions that the LDC can hear.
Genting Singapore sinks into red with $116.68m loss in H1
The group said it suffered almost zero revenue in Q2 due to COVID-19 disruptions.
OCBC's H1 net profit plunges 42% to $1.43b
Q2 group net profit picked up 5% from Q1 but crashed 40% from a year earlier.
Chart of the Day: Luxury home sales volume plunged 58.1% in Q2
This is despite a 3.7% dip in new sales prices.
Daily Markets Briefing: STI up 1.04%
Riverstone led the gains amongst top active stocks with a 7.6% expansion.
Daily Briefing: Travelling Singaporeans, PRs can tap subsidies; PPRO raises $68.45m
And ride-hailing firm TADA raises US$5M led by Central.
Singapore and Australia sign digital economy agreement
It aims to enable trusted cross-border data flows without unnecessary and costly requirements.
Sembcorp Industries, Sembmarine respond to shareholder queries
Both firms assured that the demerger deal is in the best interests of shareholders.
HDB resale prices up 1.5% in July
Analysts noted that the figure reiterates the HDB resale market’s stability.
Sea Group's shares surge 880% in 18 months: report
It recorded the largest gain worldwide amongst companies with a $1.34b market value.
Alibaba Pictures to delist from SGX-ST on 4 December
Upon delisting, the shares will only be traded on the Hong Kong Stock Exchange.
NetLink NBN Trust's profits grew 12.4% to $23.5m in Q1
This is despite revenue declines partly driven by fewer installation orders.
Yangzijiang Shipbuilding's profit sank 17% to $152.58m in Q2
Revenue from its core shipbuilding business fell.
Singtel's Bharti Airtel, Amazon Web Services to launch cloud solutions
Airtel Cloud will build an AWS Cloud Practice supported by AWS Professional Services.
UOB's net profits down 30% to $1.56b in H1
The lender has set aside more allowances for further macroeconomic deterioration.
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Commentary
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