News

2018 GDP still likely to hit 3.2%: economists

2018 GDP still likely to hit 3.2%: economists

They are bullish on external growth but bearish on the property scene.

New developments could bolster mall traffic for Frasers Centrepoint Trust

Causeway Point will soon have an underground pedestrian link to Woods Square.

Singaporeans grew portfolios in Europe with US$3.4b investment in H1

This led Singapore to be the most active in Asia for outbound investment.

OCBC blames software failure for 3-hour service outage

ATMs and banking channels were down during the outage on 1 September.

UBS to launch eFX engine in Q2 2019

It is expected to improve the FX market’s transparency and efficiency.

Highest bidder for Dairy Farm Road site offered $368m

The highest bid for the Jalan Jurong Kechil hit $215m.

Share buybacks surged 308% to $245m in August

The highest buying spree from DBS alone which totalled $150.77m already toppled the monthly threshold of $100m.

Chart of the Day: First-time issuances in Singapore's debt market inched up 43% to 63

Amongst the first-time issuers are Parkway Pantai which issued a US$500m senior perpetual bond.

Daily Markets Briefing: STI down 0.35%

Trade tensions could affect gains in the local bourse today.

Canberra Link EC site's highest bid hits $271m

The other eight bids ranged from $201m to $258m.

Here's why high exposure to foreign currency is a bane for Singapore banks

Their dependence on foreign funding and external debt levels makes them 'more vulnerable' amidst the trade wars.

GIC sells 50% stake in Sydney skyscraper for $889m

Chifley Tower houses Snapchat, Blackrock, Morgan Stanley, and UBS as its tenants.

CPF retains ninth spot in world's biggest pension funds

It lagged behind Asian counterparts South Korea's National Pension and China's National Social Security.

UOB prices $796.76m bonds at 0.25%

They are expected to be issued by 11 September.

Singapore and Hong Kong private banks wage war for wealth managers to lure Asia's crazy rich

Banks are willing to offer pay hikes between 30-45% to secure the best talent.