News
Share buybacks surged 308% to $245m in August
Share buybacks surged 308% to $245m in August
The highest buying spree from DBS alone which totalled $150.77m already toppled the monthly threshold of $100m.
Chart of the Day: First-time issuances in Singapore's debt market inched up 43% to 63
Amongst the first-time issuers are Parkway Pantai which issued a US$500m senior perpetual bond.
Daily Briefing: Singapore family office heats up Asia's hedge fund fight; NUS invests $18m in launch of 250 startups
And a Canadian startup aims to aid AI Singapore for Smart City initiatives.
Daily Markets Briefing: STI down 0.35%
Trade tensions could affect gains in the local bourse today.
Canberra Link EC site's highest bid hits $271m
The other eight bids ranged from $201m to $258m.
Here's why high exposure to foreign currency is a bane for Singapore banks
Their dependence on foreign funding and external debt levels makes them 'more vulnerable' amidst the trade wars.
GIC sells 50% stake in Sydney skyscraper for $889m
Chifley Tower houses Snapchat, Blackrock, Morgan Stanley, and UBS as its tenants.
CPF retains ninth spot in world's biggest pension funds
It lagged behind Asian counterparts South Korea's National Pension and China's National Social Security.
UOB prices $796.76m bonds at 0.25%
They are expected to be issued by 11 September.
Singapore and Hong Kong private banks wage war for wealth managers to lure Asia's crazy rich
Banks are willing to offer pay hikes between 30-45% to secure the best talent.
Public transport operators may pose fare hikes up to 4.3%
Hikes in energy prices and public transport workers' wage were taken into consideration.
Manufacturing PMI inched up 0.3ppt to 52.6 in August
Electronics PMI also expanded by 0.4 ppt to 52.0.
Chart of the Day: High-end condo price hike dipped 1% in Q2
High-end units were priced at $2,400 psf, on average.
Daily Markets Briefing: STI down 0.2%
Don't expect gains today.
Daily Briefing: Malaysia and Singapore to postpone HSR for two years; Transport minister says old HDB unit prices can still increase in 10 years
And US accelerator eyes travel and hospitality vertical for Singapore startups.
Grab eyes US$1b additional funding for 2018
This would be on top of the US$2b they secured in earlier funding rounds this year.
Bank lending growth jumped 10% in July
It was backed by stronger loan growth in manufacturing, transport, and business services.
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