News

Daily Markets Briefing: STI up 1.97%

Markets are still jittery over a looming trade war after the US imposed additional tariffs on China.

Keppel's Alpha fund sells stake in $133m Shanghai International Plaza

The fund realised a rate of return of close to 20% due to the sale.

SGX RegCo urges Noble creditors to reconsider restructuring deal

It said shareholders’ votes on the deal should not affect their entitlement to get shares in the restructured company.

Can Sheng Siong repeat its success in China?

It could lose around US$6m if it doesn’t succeed.

CapitaLand to launch e-payment service in 17 malls

It will open its first terminal in Raffles City Singapore on 18 April.

Micron's new plant to add 1,000 new jobs in Singapore

They will be needed for its cleanroom space for 3D NAND tech transitions.

HDB resale volume jumped 58.5% in March

Prices were slightly down by 0.8%.

The Estoril sold to Far East Consortium for $223.94m

Owners of the 40 apartments will receive around $4.6m after the sale.

Future ready: local banks lead digital charge

DBS stays ahead of the pack as it has grown and nurtured its digital team since 2009.

Property investment and hospitality are the new frontiers for Oxley

Revenue contribution from investment properties is set to grow from 3.8% to 9.6% in 2020.

How will Wilmar fare against hefty China soybean tariffs?

The company is the second largest soybean crusher in China.

Chart of the Day: 3-month SIBOR up 1.51% at end-March

Fixed deposit rates from Singapore banks rose concurrently by 17-30 bps.

SGX RegCo launches list for firms with good corporate governance

Companies will have prioritised clearance for corporate action submissions to the regulator.

TÜV SÜD to send 600 employees to new $100m regional HQ

The integrated office and lab facility will be located at the International Business Park.