News

SGX Bond Trading takes on SGX Bond Pro general counterparty role

It replaced UBS, which was the general counterparty in its 2015 launch.

Keppel junks deal to manage TQS shipyard

It cited the downturn in the offshore and marine business.

Frasers Property injects $136.1m in mixed use development in Bangkok

It will hold 19.9% in a joint venture that will invest in the project’s development.

Daily Markets Briefing: STI down 0.54%

Investors are urged to take caution today.

Chart of the Day: Sheng Siong and FairPrice are eating up the supermarket pie

Within five years, Sheng Siong took up 18.9% whilst FairPrice ate up 56% of the market.

Singapore's improvements in livability are the ninth best in Asia

From 1998 to 2018, it improved its livability score by 4.7%.

Lawsuit delays slashed Keppel's $290m gain from marina firm sale

Keppel was now only able to complete the deal after a minority shareholder blocked the sale.

Singapore law allows creditors to avoid losses from bank failures: Moody's

Buffers for bail-ins only comprise 1%-2% of Singapore banks’ assets.

This CEO's remuneration package soared 119% in 2017

He received $12.02m after the company’s profits soared due to high sales.

Construction lagged other sectors in fulfilling arrears in Q1

But the proportion of slow payments dipped to 49.14%.

SGX RegCo calls Midas Holdings' executives to resign

It found that executive officers made guarantees for the company’s illegal bonds and hid related lawsuits.

Chart of the Day: Electricity tariff for April to June 2018 raised 2.8%

This is mainly due to the higher energy cost of producing electricity.

Daily Markets Briefing: STI up 0.08%

Expect bad news today due to uncertainties in trade policy.

Homegrown firm Ryde enters the ride-hailing fray

It launched a new private-hire car service with its 55,000-strong fleet.