News
GIC inks deal for $1.65b-worth stake in US power lines operator
GIC inks deal for $1.65b-worth stake in US power lines operator
It’s buying 19.9% of shares in ITC from Fortis.
Chart of the Day: Food sales to surge despite retail spending slump
Household and tourist spending will support growth.
Daily Markets Briefing: STI down 0.06%
Find out who the biggest losers were.
Daily Briefing: GIC bags $1.65b ITC Holdings stake; Samsung Pay's Singapore launch date
And Singapore’s retail market is APAC's second most active.
Is a higher rebound on the horizon for SIA?
Profit recovery relies on expensive hedges expiring.
Sembcorp, NUS inject $60m in new corporate R&D lab
It will develop sustainable energy and water technologies.
Olam inks five-year $234.66m loan deal with IFC
It’s to finance facilities in India, Nigeria.
Perennial launches $200m public bond offer
The 4-year bonds have an interest of 4.55%.
Automated mass transit vehicles the next frontier for SMRT
It can carry up to 24 passengers.
Redundancies rise as oil rout, weak exports hammer Singaporean economy
Dismissals in financial services also rose.
Can Keppel really rely on property to save its sinking ship?
More cancellations await its O&M arm.
Local PE salaries finally at par with Hong Kong as pay inches up
China and Australia boast the fattest paychecks.
OSIM’s net profit slumped 42% to $7.8m in Q1
Sales tumbled across key markets.
Shophouses sold like pancakes at auctions as buyers dodge stamp duties
Investors are shying away from residential properties.
F&N loses out to Asahi in $3b Peroni and Grolsch bid
It will have to find other targets.
CapitaLand’s Q1 earnings leap 10.6% to $152.8m
Thanks to better operating performance, CapitaGreen contributions.
Chart of the Day: Office vacancy levels to spike as struggling energy companies downsize
Demand will head south.
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Commentary
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