News

66 filed proofs of claims against Hyflux worth $3.13b

About a third of the amount came from preference shares and perpetual securities.

Daily Markets Briefing: STI down 1.18%

SGX led the gains amongst top active stocks with a 2.08% expansion.

Singapore, Hong Kong, Osaka hailed world's costliest cities for expats

Asian cities continue to have the most expensive groceries.

Sasseur REIT malls re-open with 129% surge in sales

The first-day sales of its Bishan outlet mall soared 228% to $390,910.

S-REITs' stock price plunges 22.4% from January peak

The price carnage mimics the movements seen during the GFC.

Singapore dethrones Hong Kong as freest economy in the world

Citizens of free countries are said to enjoy incomes more than double the global average.

Genting Singapore cuts pay for directors and managers

Non-executive directors will see a 15% reduction in fees.

OCBC's growth dampened as US Fed cuts rate

NIM forecast has been slashed to 1.68% as NPL ratio could rise to 1.9%.

Hyflux to hold scheme meeting on 22 April

An individual from EY Corporate Advisors will act as the chairperson of the meeting.

Singapore leads Asia on overseas recruitment

Skill shortage remains a driving force for expatriate-hiring.

SIA halves capacity

They also stated that further capacity cuts are underway.

Daily Markets Briefing: STI down 1.65%

DBS saw the sharpest decline amongst top active stocks with a 3.12% contraction.

Chart of the Day: Mortgagee sales value jumped 25.3% to $38.5m in 2019

The average ticket size of mortgagee sales almost doubled that of 2018.