News

Chart of the Day: Private homes' supply down to 15,085 units in Q2

Developers are now aggressively loading up on land.

Singapore unicorn SEA could bag $850m in IPO

The Tencent-backed firm raised its share price to $15.

SGX opens Chicago office

It will expose international investors to 95% of Asia GDP.

GuocoLand Q1 profits soar to $165.55m

Profits rose from higher sales and contributions from its JVs.

MAS to loosen rules for VC fund managers

VC managers' directors and representatives no longer need at least five years of experience in fund management.

Frasers Commercial Trust NPI down 9% to $26.74m in Q4

Repair and maintenance costs for Caroline Chisholm Centre dragged NPI down.

Grab bags US$700m debt facility

It also entered a partnership with SMRT to increase its car fleet.

CapitaLand Commercial Trust NPI up 2.7% to $58.56m in Q3

The sale of its stake in three properties pulled revenue down.

UOB to invest up to $1b in IT

It's trying to ramp up fintech innovation.

Keppel profits up 30% to $291.55m in Q3

It gained $128m from selling its subsidiaries.

Brace yourselves for slower e-commerce growth: Worldpay

The market is expected to grow by a measly 9% by 2021, lower than most rates in Asia.

UOB burdened by toxic loans from O&G firms

It expects two more bad loans from offshore support firms in H2.

M1 lost 41,000 pre-paid subscribers in Q3

This pulled pre-paid mobile revenue down by 13.2% YoY.

Singapore firms suffer from snooping workers

94% admit their employees access unnecessary information.

Daily Markets Briefing: STI up 0.18%

Expect the market to remain muted today.