News
Keppel's Alpha fund sells stake in $133m Shanghai International Plaza
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.
Daily Markets Briefing: STI down 2.12%
Expect muted gains today.
Daily Briefing: Online fashion marketplace Zilingo raised $54m in series C round; SGX stock nearly plunged to 52-week low
And Broadcom announced that it has completed the move to US from Singapore.
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.
Share buyback value hit 30-month high in March
The value of shares bought back by their companies hit $221.8m.
SGX Bond Trading takes on SGX Bond Pro general counterparty role
It replaced UBS, which was the general counterparty in its 2015 launch.
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Commentary
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Liquidity crucial to stock market reform