News

Daily Markets Briefing: STI up 1.24%

Daily Markets Briefing: STI up 1.24%

Singtel saw the biggest jump amongst top active stocks with a 2.59% rise.

Sembcorp unit begins legal proceedings against Hin Leong for gasoil reserves

The court has ordered to restrain Hin Leong’s affiliate from moving the reserves.

Singtel units secure $4.17b in credit facilities

One of its subsidiaries signed a three-year $2.5b revolving credit with 13 banks.

Airlines struggle to tap into debt capital markets: SIA

Concerns were raised over SIA’s proposed $8.8b issue of share rights to raise cash.

Fashion takes over sharing economy: Clothing rentals gain popularity

Since 2015, a number of clothing rental services have sprung up in Singapore’s retail scene.

Chart of the Day: Auction listings dipped 3.5% in Q1

Its success rate further sunk to an all-time low since 2011 at 0.4%.

Daily Markets Briefing: STI down 0.95%

SGX saw the sharpest decline amongst top active stocks with a 5.12% fall.

STB unveils $20m marketing programme for tourism firms

It aims to support marketing costs and award funding boosters to companies.

Retail property prices dipped 3.1% in Q1: URA

The island-wide vacancy rate widened to 8%.

Office prices down 4% in Q1: URA

The amount of occupied office space fell 7,000 sqm.

Private home prices slipped 1% in Q1: URA

Both landed and non-landed properties saw declines.

Grab introduces non-emergency transport service

More than 250 driver-partners rostered for the 24-hour service.

SGX's profits up 38% to $137.48m in Q3

Revenues from equities, FICC and data, connectivity and indices operations rose.

HDB resale prices remained flat in Q1

There have been a few major price fluctuations, even as volumes continue to fall.

Consumer spending growth may lag at 1.8% in 2020

Spending behaviour continues to show drastic changes.