News

SG wealth fund GIC sues Nio in US court over alleged inflated revenues

GIC alleged that the group made "materially false and/or misleading statements."

SGX reports $2.8b net outflows from institutions in 2025 equity trade

In absolute terms, City Developments recorded the largest net institutional inflow in 2H25, with about $237m purchased.

Singapore extends lead as regional fintech hub with 84% share

Regionally, fintech funding fell sharply to $1.1b (US$839m), down 39% from the same period in 2024.

CapitaLand Investment commits $100m to ESA flagship in Singapore

The building will target Green Mark Super Low Energy certification and include ambient and wine storage options.

Singapore logistics market holds steady with 3PL-led demand

Year-to-date, net absorption reached 1.9 million square feet against 5.8 million square feet of completions

CBD leasing demand holds firm in Q3 with AI and fintech expansion

The vacancy rate held at 7.0%, whilst average gross effective rents stood at $11.83 per square foot per month.

9 in 10 Singapore banks turn to AI for customer checks, fraud prevention

Singapore spends $88.2m per year on AML and KYC operations.

Daily Markets Briefing: STI down 0.28%; Top stock is Yangzijiang Shipbuilding

Yangzijiang Shipbuilding is the top stock with a 1.88% increase.

Food Innovators Holdings returns to profitability in H1

Growth was driven by its Japan and Malaysia operations.

DBS named Southeast Asia's most valuable brand in 2025

WIth a brand value of $22.2b, it overtook Malaysia's Petronas.

Aztech Global profit falls 55.5% in 9M as IoT orders slow

Revenue down 40.9% YoY to $318.9m; free cash flow totals $14.5m

Freehold Retail Unit at Jalan Besar up for sale

The property, which has been approved for F&B use, has a guide price of $14.8m.

Soon Hock Enterprise to debut on SGX Mainboard

The offering was 9.8 times oversubscribed.

Jardine Cycle & Carriage appoints new independent chairman of the board

Samuel Tsien will be independent chairman of the board, effective 11 November.