News
Daily Briefing: Singapore asset managers drop some Malaysian bonds over 1MDB scandal; NSE tries to lure investors after SGX fallout
Daily Briefing: Singapore asset managers drop some Malaysian bonds over 1MDB scandal; NSE tries to lure investors after SGX fallout
And Google’s new hire highlights its hiring raid on Singapore banks.
Chart of the Day: Singapore-listed equity raising in H1 jumped 208.6% to $4.33b
It was bolstered by follow-on offerings with proceeds worth $3.79b.
Singapore's Ho Bee Land buys London Grade A office tower for $1.16b
The property, Ropemaker Place, is 21 stories high and 602,000 sqft large.
SGX to list Nifty contracts after August amidst arbitration
The hearings after arbitration are expected to start early-2019.
SGD bond markets down 41.9% to $7.5b YTD
LTA’s $1.2b bond offering is 2018’s largest so far.
Industrials led Singapore's cross-border IPOs in H1
They had a market share of 39% and total proceeds of US$36m.
Bond offerings rose 0.7% to US$14.4b YTD
Proceeds declined by 18.6% to US$6.5b as the end of Q2 approaches.
Volatile pharma and food could dent NODX growth in May
Moody’s forecasts it could fall to 5.5%.
Singapore Press Holdings' print revenue could fall by 10% in Q3
Its page count was still down by 12.5%.
Daily Markets Briefing: STI down 1.05%
DBS led the loses with 1.95%.
Chart of the Day: Startups embracing co-working spaces could save as much as $4,000
An average hot desk costs $489 monthly.
Daily Briefing: Singapore trails behind Hong Kong in offshore wealth management; Sea prices $500m convertible note
And following Amber45's strong sales, UOL is launching another condo that could go for $1,400 psf.
Singapore firms raised US$2.6b from equity YTD
Equity raising activity in Q2 recovered and jumped 81.2% from Q1.
Telco war heats up even before TPG enters fray in Q4
M1 and Starhub stand the most vulnerable to TPG Telecom.
Singapore IPOs lag Asian peers as homegrown companies rush to list abroad
Cross-border listings ballooned 300% in volume compared to domestic flotations which surged 64%.
DBS rolls out virtual bank recruiter
‘Jim’ can save up to 40 hours monthly otherwise spent on manual processing.
Insurer FWD ties up with DBS for electronic claims payment via PayNow
Customers can receive payments just by providing their PayNow registered mobile number.
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