News

Yanlord buys 30% shares in two Chinese developers

The combined consideration price hit $336.27m.

Keppel-KBS US REIT prices IPO for US$0.88 per unit

The managers bought a 9.5% stake in the trust.

Prices of industrial space shrank 7.4% in Q3

But occupancy is falling as the market faces a rocky manufacturing sector.

Singapore's manufacturing output up 14.6% in September

Electronics output which surged 33.2% powered up total output.

Mapletree Commercial Trust NPI surges 23.4% to $84.42m in Q2

Mapletree Business City I's contribution to revenue rose by $18.3m after its acquisition in 2016.

Sembcorp to develop two solar energy systems for ST Aerospace

The projects will cost $5.4m and have a combined capacity of 4.1 MW.

eBay's cross-border trade from Singapore rose 21%

US and Australian buyers bought mobile phones the most from Singaporean sellers.

Cache Logistics Trust's NPI dips 3.3% to $21.34m in Q3

Gross revenue fell after Cache Changi Districentre 3 was sold.

Frasers Centrepoint Trust's NPI up 10% to $34.58m in Q4

Revenue from Northpoint City North Wing recovered as renovation is about to finished.

SGX profits up 9% to $91m in Q1

But revenue growth of its securities trading dipped as equities' average clearing fees fell.

OCBC profits up 12% to $1.06b in Q3

Wealth management income, which grew 12%, boosted the bank’s profits.

Daily Markets Briefing: STI up 0.28%

Expect weak movement from the market today.

Singapore, Hong Kong to work on trade finance project

Their first project will use distributed ledger technology for cross-border trade finance.