News

Daily Briefing: Uber seals deal to sell SEA operations to Grab; Company openings to boost pharma sector

And CapitaLand joins a global investor to vie for Blackstone’s IT parks in India.

Daily Markets Briefing: STI down 2%

Don’t expect any gains today.

Chart of the Day: Taxi growth recovers amidst rental car declines

The growth of the rental car population dipped below zero in January 2018.

ThaiBev issues $2.1b debentures to refinance Sabeco debt

Analysts think its average coupon rate of 2.83% per annum and average tenor of just over six years is attractive.

What now for Sembcorp Industries after the energy market opens?

Analysts doubt it will dent earnings, as Sembcorp Power only contributed $3.4m-$4.4m to net profit.

ST Engineering made $1b from smart city business in 2017

It is eyeing to double this in 2022 through acquisitions and organic growth.

Will Singapore be caught in the US-China trade dogfight?

The STI fell 2.3% after Trump enforced tariffs on Chinese goods over intellectual property violations.

Inflation hit 40-month high at 0.5% in February

Prices of food and accommodation rose within the month.

Keppel's infrastructure arm turns to 2 projects for growth

Its Marina East Desalination project could boost headline earnings by 5-6%.

Here's one thing that worries GIC when investing

It said tight restrictions on the supply chain would be a negative for business.

Indonesian coal producer slaps Noble with lawsuit

It is seeking a compensation of US$260m.

Daily Markets Briefing: STI down 0.56%

Investors need to brace themselves for bad news.

Noble slams creditors' lawsuit attempts

This follows Goldilocks’ filing of a lawsuit against the company.