News
SIAS backs Hyflux's application of debt moratorium extension
SIAS backs Hyflux's application of debt moratorium extension
Hyflux asked for a two-month extension for its debt moratorium.
Lack of security threatens Singapore's dominance in retirement finance
The city was in the bottom half of the rankings for retirement security.
$1.04b lost to migraines in 2018
Patients who experienced it for four to 14 days per month lost an average of $14,860.
Daily Briefing: Luxury apartment sales hit 11-year high in January-August; Advance.AI raises $80m in series C round
And Mitsubishi may slash its earnings forecast after US$320m loss by a rogue oil trader.
Chart of the Day: Foreigners snapped up 249 condos in Q2
This marked the first quarterly increase since July 2018.
Daily Markets Briefing: STI up 0.03%
DBS led the gains after its stock grew 0.6%.
CapitaLand Group stocks' average total return hit 28.2% YTD to outpace global peers
The eight stocks collectively averaged a 3.3% total return in the current quarter.
SingPost may steer clear of large acquisitions after closing painful US e-commerce chapter
Capex could potentially moderate from FY2020 onwards.
Employer medical benefit costs may rise 10% in 2020
This is tipped to outgrow the average general inflation rate of 1.4%.
Unsold inventory may support property sales amidst weakening take-up rates
There was unsold inventory of about 34,413 units by the end of Q2.
Digital performance issues cost companies $4.19m in 2019
Organisations have suffered an average of five IT outages for the past year.
Singapore remains fourth best financial centre worldwide
However, Shanghai may usurp its spot after it narrowed the gap to a single point.
Hyflux applies to extend debt moratorium for two more months
Applications are expected to be heard on 30 September.
Chart of the Day: Rental gap between suburbs and central narrows in Q2
From around 11.3% in Q1 2015, the gap has narrowed to roughly 1.9% in Q2 2019.
Daily Briefing: Carro invests $41.32m in Malaysian car bidding platform; Government mulls setting fixed price for GSW public housing
And Grand Prix organisers are stocking up on face masks against haze.
Daily Markets Briefing: STI down 0.25%
UOB saw the sharpest decline amongst top active stocks with a 0.77% fall.
Singapore banks ace corporate customer satisfaction survey
DBS nabbed the top spot in terms of back office centralisation.
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