News
Daily Markets Briefing: STI down 1.7%
Daily Markets Briefing: STI down 1.7%
OCBC Bank saw the sharpest decline amongst top active stocks with a 3.82% contraction.
Daily Briefing: $320m set aside to extend foreign worker levy rebates; Measures released for Singapore-Malaysia cross-border travel
And Diginex launches new Singapore crypto exchange.
Chart of the Day: 4,500 private home units to be completed from Q2 to Q4
As at Q1, there are nearly 52,100 units in the pipeline.
JC&C's profit down 30% to $414.23m in H1
Astra saw most of its business divisions’ net income fall.
SIAS reiterates role in Hyflux deal
They also urge Utico to address the issues they earlier raised.
Keppel posts net loss of $697.6m for Q2
Impairments from the O&M segment contributed to the loss.
Singapore banks' shares dive after MAS calls for dividend cap
DBS, OCBC, and UOB all recorded declines of more than 3%.
Singapore-Australia power project fast-tracked by Australian government
This will provide extra support such as a single entry point for approvals.
Sheng Siong's profits soared 98% to $74.82m in H1
The company saw elevated consumer demand in Q2.
OUE projects net loss in H1
The group saw a fair value loss booked on disposal of approximately of the US Bank Tower.
Singapore Paincare Holdings now listed in SGX
All of the 24.25 million placement shares were subscribed, collecting around $5.33m.
ABS, SFEMC, SC-STS launch consultation paper on SIBOR to SORA transition
It aims to make SORA the main interest rate benchmark for SGD financial markets.
SIA Group dives to a $1.12b loss in Q1
The fall in the group’s revenue was attributed to a plunge in its airlines’ passenger traffic.
Dairy Farm's profit dropped 35% to $158m in H1
Its health and beauty business suffered partly from lack of tourists in Hong Kong.
MAS extends $82.49b swap arrangement with the US Federal Reserve
The MAS USD Facility offers up to $82.49b of funding to banks.
MAS asks local banks to limit FY2020 dividends
Lenders are called to cap their DPS at 60% of FY2019’s DPS.
Chart of the Day: Retail sales index fell 6.2% in Q1
Total retail sales declined by 33.4% YoY in April.
Read Here
Advertise
Sign Up
Commentary
Why phishing and software updates still matter for Singapore organisations
Why Singapore businesses must focus on outvaluing, not just upskilling
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform