News

Daily Markets Briefing: STI up 0.75%

Singtel led the gains amongst top active stocks with a 2.44% expansion.

MAS takes action against market abuse, financial misconduct

It has imposed a total of $15m in penalties on offenders.

Credit relief measures to aid SMEs impacted by legislation

Re-Align Framework helps businesses restructure their contracts.

SIA receives Envirotainer QEP accreditation

It acknowledges the airline's capability to handle temp-controlled shipments.

UOB net profits down 40% to $668m in Q3

The group’s $339m hit on profits year-on-year, but results registered an improvement from Q2.

Great Eastern posts 40% profit jump in Q3

Total weighted new sales also surged 36% in the same quarter.

Service sector under threat until March 2021

Several industries remain positive despite the latest foreboding survey results.

Taobao, Tmall launch 11.11 Global Shopping Festival

Free shipping, discounts, and more are available from 3 to 11 November.

Sembcorp sells water business in Panama

The divestment resulted in a net gain of about $21m.

Singaporeans worry over costs of disability care

Over two in three felt they might not be able to afford healthcare if they become severely disabled.

Chart of the Day: October buyback shares hit $22m

Total buyback shares have reached $746m for first 10 months of 2020.

Singapore stocks rally to five-month high amidst hopes for a Biden win

Analysts bet more fiscal spending under Biden, which they hope will spur growth.

Singapore's Q3 jobless rate soars to highest in 16 years

A total of 112,500 residents are unemployed, 97,700 of which are Singaporean citizens.

Daily Markets Briefing: STI up 2.21%

DBS led the gains amongst top active stocks with a 3.88% climb.

MAS to discontinue issuance of $1,000 note

Existing notes in circulation will remain legal and can still be used for payments.