News
World's best performing macro fund lost 16% in February
World's best performing macro fund lost 16% in February
It is challenged by stock bet losses following the Fed’s proposed monetary tightening.
Great expectations: 6 in 10 Singaporeans expect a salary increase in 2018
But they still lag Hong Kong and Malaysia which have a higher number of workers confident about raises.
Sembcorp Industries eyes a clean energy acquisition
It wants to achieve double-digit ROE in five years and renewables business growth amongst others.
Singapore-EU to push ratification of free trade deal this year
When passed, it will allow consumers and producers reach each other’s markets sans custom duties on all qualifying goods.
Noble's outgoing boss bagged US$20m amidst US$5b loss
The remuneration is more than the US$15m than Noble has offered to pay its perpetual bondholders.
Daily Markets Briefing: STI down 0.99%
Expect muted gains today.
Chart of the Day: Infocomm services sales grew 13.6% in Q4 2017
It led the growth in the services sector.
Daily Briefing: Jetstar could raise fares 20% after airport levy; Hollandia sold for $183.38m
And here are the positives and negatives in Sheng Siong’s 2017 results.
Jardine Cycle & Carriage profits up 16% to $1.07b in 2017
Astra’s contribution to the profit rose 28% YoY to US$641m.
First Resources profit plunged 41.1% to US$34.2m in Q4
It blamed average selling prices which fell despite high sales volumes.
Singapore PMI down 0.4 point to 52.7 in February
The reading was pulled down by the weaker electronics manufacturing sector.
Venture Q4 profit surged 170% to $142.9m
Its exciting performance was driven by steady sales momentum and margin improvement.
PayNow to extend into businesses by H2 2018
Companies will be allowed to link their bank accounts to their Unique Entry Numbers and transfer funds to other firms.
Government rejects 9% pay hike for its ministers
However, they’re still one of the world’s most highly paid officials.
Daily Markets Briefing: STI down 0.12%
Expect some bad news today.
Chart of the Day: HDB owners bought 10,517 private homes in 2017
HDB owners were attracted to private home enclaves in the suburban areas.
Daily Briefing: GIC partners with SoftBank and Sequioa Capital to invest $535m in restaurant startup; Industry head forecasts weak semiconductor growth
And here's why First Resources is still a good buy despite low stock price.
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Commentary
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