News
Daily Briefing: Grab required to go back to pre-merger pricing algorithms; Prudential hires former Goldman Sachs' top SEA banker
Daily Briefing: Grab required to go back to pre-merger pricing algorithms; Prudential hires former Goldman Sachs' top SEA banker
And NTUC FairPrice halts Australian strawberry imports.
Daily Markets Briefing: STI up 0.05%
Don't expect gains today.
Chart of the Day: Outbound M&As jumped 13.7% to $24.15b in September
Germany is the most targeted nation for Singapore oversea deals.
MAS unveils latest enforcement monograph
It explains the agency’s investigative powers over the financial sector.
Non-exclusivity conditions should also be imposed on taxi operators: Grab
Grab also said that they are committed to 'fair pricing'.
M&A activity drops 18.5% to US$54.3b YTD
Deal size shrank from US$129.1m to US$113.4m.
Singapore's inflation in line with expectations at 0.7%
Thanks to the smaller decline in accommodation costs.
CCCS slaps $13m fine on Grab and Uber over ‘anti-competitive' merger
Grab will have to pay $6.58m whilst Uber will be fined a slightly lower amount of $6.42m.
Wheelock Properties' privatisation offer extended to 2 October
The offeror also signalled that it was investors’ final chance to accept the offer price of $2.10.
Keppel-KBS US REIT to buy US business campus for $231.43m
The Westpark Portfolio in Seattle has an occupancy rate of 97.7%.
Chart of the Day: Big four telcos total returns averaged 5.5% in September
Netlink NBN Trust saw the highest QTD returns in September at 6.1%.
Daily Briefing: DBS to expand foothold in China's debt capital markets; VC firm VisVires to launch US100m fund in 2019
And 80 shops in Plaza Singapura hit by power disruption.
Daily Markets Briefing: STI up 1.17%
Expect muted gains today.
SIA receives first Airbus A350-900ULR to fly world's longest flight
It will be used for the 19-hour Singapore-New York flights.
PM Lee warns against bitcoin scammers amidst fake news era
The government will study 22 proposals to address fake news.
SGX calls for feedback on new securities trading proposal
The 'trade at close' will be rolled out by July 2019 if adopted.
Open electricity market to be extended island-wide from 1 November
They may opt to stay with SP group to buy power at a regulated tariff.
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