News
Daily Markets Briefing: STI down 0.4%
Daily Markets Briefing: STI down 0.4%
Rising fears of a trade war could weigh local outlook today.
Chart of the Day: Home sub-sales hit 11-year low in 2017
The number of speculative activities has receded over the years.
1 in 5 fintech firms think Singapore doesn't attract enough venture capital
These companies rely on Singapore to attract funds that will allow risk-taking.
Can Perennial revive the ageing Capitol?
An analyst thinks the property could be valued at $1.143b but only if PREH works hard to revive it.
Brace for Netlink NBN's network dominance
It’s the only fibre network operating 76,000 km of fibre cable, which has nationwide coverage.
MAS to enforce new data collection rules
It aims to reduce data duplication and automate financial institutions’ submissions.
Uber unveils carpooling service
Rides will be 51% cheaper than UberX rates.
156 banks in Singapore target inclusive hiring
They will comply with an advisory that also covers HR issues like the impact of technology on workers and retrenchments.
OCBC opens AI unit with $10m investment
Its services in wealth advisory and loans financing are bracing for AI upgrades.
Rental volume of HDB flats and private condos crashed in February
The rental volume of private condos fell 20.4%, whilst the volume of HDB flats rented fell 19.1%.
Economists raise GDP forecasts to 3.2% in 2018
They are more positive thanks to manufacturing growth but are also more worried by a possible global trade war.
Noble inks debt restructuring agreement
It will get a new three-year US$600m trade finance and a US$100m hedging facility.
Frenemies at the gate: Why Trump blocked Broadcom's takeover
Analysts warn that Singaporean companies linked to China will bear the brunt of an ongoing ‘economic war’ with the US.
Grab launches lending services for Southeast Asia
The services will tap into the “huge cache” of customer data from the Grab app to provide credit ratings.
Daily Briefing: Broadcom retreats to US after Qualcomm drama; Direct sales could boost commercial property recovery
And O&M firm Gaylin Holdings receives a US$100m investment and completes restructuring.
Chart of the Day: Island-wide retail vacancy level down to 7.4% in Q4
This was supported by the decline in vacancy levels in the central and suburban areas.
Daily Markets Briefing: STI down 0.38%
Investors are urged to take caution today.
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