News

Daily Markets Briefing: STI up 1.1%

Daily Markets Briefing: STI up 1.1%

Wilmar International led the gains amongst top active stocks with a 2.13% expansion.

Chart of the Day: Fallout in domestic labour market hit 25,600 in Q1

This marked the biggest quarterly contraction on record.

Resorts World Sentosa lays off staff

The company continues to look for job opportunities for every affected local worker.

Keppel bags $73m worth of contracts from MODEC

Keppel Shipyard to integrate topside modules and mooring support structure for an FPSO in Singapore.

New private home sales surged 104.9% in June to 998 units: URA

This is the highest sale in seven years as recovery gathers pace.

Capgemini launches flagship programme in China for local SMEs

This is said to help them take advantage of emerging technologies and test out innovations.

Condo, HDB rents dip whilst volumes rebound in June

Rental renewals are attributed to expats not being able to return to their home countries just yet.

Consumers remain hesitant in ‘new normal'

Consumer mobility behaviour was still weak after circuit breaker measures.

TCC unit subscribes to 50% stake in Frasers Northpoint City

This allows Frasers to gain $50m over the asset’s last audited book value.

Keppel Marina East Desalination Plant commences operations

It can treat either seawater or freshwater drawn from the Marina Reservoir.

Hong Leong Asia units extend deadline for acceptances of Tasek offer

This is the second time they made an extension, which was originally set on 23 June.

Singtel, China Unicom, Bridge Alliance launch eSIM network swap service

This will enable customers to perform eSIM swap over-the-air.

Daily Markets Briefing: STI down 0.41%

Medtecs International saw the sharpest decline amongst top active stocks with a 6.62% contraction.

Chart of the Day: Jobless rate rose to 2.4% in Q1

Unemployment rates could rise by the end of the year.

Condo resale prices down 0.6% in June

But 178.6% more units were sold during the month compared to May.

Singapore Paincare Holdings offers IPO shares at $0.22 apiece

Estimated net proceeds will be approximately $3.54m.