News

Chart of the Day: Singapore's big three banks' CET1 ratios hit 14% in 2018

DBS and OCBC’s CET1 ratios rose YoY, whilst UOB’s declined due to faster loan growth.

M1 to delist after Keppel buyout

Keppel and SPH now controls 91.15% of M1's shares.

Jardine Cycle & Carriage saw profits plunge by 55% to $566m in FY18

Non-current investments impacted the group’s profits.

Horrible bosses? 1 in 3 Singaporeans are not satisfied with work-life balance due to inflexible managers

For 73%, a work-life balance means no work on weekends, whilst for 69%, it meant being able to leave work on time everyday.

Poll: 67% of Singapore and Hong Kong investors plan to invest in Chinese onshore bonds in 2019

Sentiment was driven by the upcoming Bloomberg Barclays Global Aggregate Index inclusion in April 2019.

Olam's FY2018 profits plummeted 40.1% to $347.87b

It had a large exceptional $149.4m gain recorded in 2017 primarily from the sale of its 50% stake in FEA.

Chart of the Day: Home resales could hit 9,000-10,000 in 2019

Due to the launch of 60 projects this year, buyers could seek new home sales over resales.

SGX derivatives break volume record with China futures

Derivatives' single-day volume hit 2,872,861 lots on 25 February.

UOL profits crashed 51% to $433.72m in FY2018

It was hit by lower development profits, which was offset by higher UOB dividend income.

Business receipts climbed 4.1% in Q4 2018

The infocomm segment’s business receipts led the growth and jumped 7.2%.

Keppel inks deal with Golar LNG for 30% stake in Gimi MS Corporation

Gimi MS will develop, construct and operate an FLNG facility on the Mauritania and Senegal maritime border.

9 in 10 graduates of Singapore's top universities hired within 6 months

The average gross monthly salary of those in full-time permanent employment rose to $3,733 from $3,613 in 2017.

CapitaLand to raise $1b for discretionary real estate debt fund

It will invest in USD-denominated instruments for real estate in China.