News
Singapore and Australia sign digital economy agreement
Singapore and Australia sign digital economy agreement
It aims to enable trusted cross-border data flows without unnecessary and costly requirements.
Sembcorp Industries, Sembmarine respond to shareholder queries
Both firms assured that the demerger deal is in the best interests of shareholders.
HDB resale prices up 1.5% in July
Analysts noted that the figure reiterates the HDB resale market’s stability.
Sea Group's shares surge 880% in 18 months: report
It recorded the largest gain worldwide amongst companies with a $1.34b market value.
Alibaba Pictures to delist from SGX-ST on 4 December
Upon delisting, the shares will only be traded on the Hong Kong Stock Exchange.
NetLink NBN Trust's profits grew 12.4% to $23.5m in Q1
This is despite revenue declines partly driven by fewer installation orders.
Yangzijiang Shipbuilding's profit sank 17% to $152.58m in Q2
Revenue from its core shipbuilding business fell.
Singtel's Bharti Airtel, Amazon Web Services to launch cloud solutions
Airtel Cloud will build an AWS Cloud Practice supported by AWS Professional Services.
UOB's net profits down 30% to $1.56b in H1
The lender has set aside more allowances for further macroeconomic deterioration.
Singapore hailed as top choice for post-pandemic travel
More than half of locals believe that the Lion City is well-prepared to reopen tourism activities.
Daily Briefing: Singapore to widen range of visitors as tourism wanes; COE prices close higher across all categories
And Singapore-listed KS Energy CEO charged with market rigging offences.
Daily Markets Briefing: STI up 0.68%
Wilmar International led the gains amongst top active stocks with a 3.22% expansion.
Chart of the Day: HDB resale volume plunged 45.4% to 3,426 units in Q2
This also marks the lowest quarter sales on record since 2007.
Retail sales down 27.8% in June
Department stores saw the largest drop in sales.
MAS rolls out key schemes to bolster SORA adoption
It will issue SORA-based floating rate notes monthly, amongst other plans.
ARA US Hospitality Trust posts $2.02m net loss in H1
It suffered with a drop in hotel occupancies and temporary hotel closures.
OUE records $207.16m loss in H1
Weaker operating performance and the sale of US Bank Tower dragged it down.
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