News
ARA H-Trust buys three US Marriott hotels for $114m
ARA H-Trust buys three US Marriott hotels for $114m
The hotels are located in North Carolina and Texas.
Daily Markets Briefing: STI up 0.43%
HongkongLand USD led the gains amongst top active stocks with a 1.84% rise.
Daily Briefing: Mitsubishi to close Singapore oil trading unit; FX platform CashChanger launches remittance comparison site
And MND confirms that first time BTO applicants will not get additional ballot chances.
Kuok Group makes takeover offer for POSH
It eyes to buy the firm for 21.5 cents per share.
CapitaLand smashes targets as divestments for 2019 hit $5.3b
The group was able to narrow down its net gearing target to 0.69x from 0.73x in Q2.
StarHub profits up 1.7% to $58m in Q3
However, total revenue slipped 1.6% to $572.6m as mobile and TV services suffer downturns.
Weak domestic parcels threaten SingPost growth: analysis
How it will affect SingPost’s inbound and transshipment mail remains to be seen.
SGX RegCo warns investors on trading Mirach Energy shares
Its share price jumped 164% to 37 cents in ten days.
DBS and Trafigura to launch open-source blockchain trade platform
It will cut trade document transit time from 45 to 20 days.
Frasers Logistics & Industrial Trust's NPI up 23.2% to $186.7m for FY2019
This was boosted by contributions from new acquisitions in Europe and Australia.
MAS, Bank Indonesia extend US$10b bilateral financial agreement
The deal allows the two banks to access foreign liquidity from each other.
SIA profits soared 67.9% to $94m in Q2
A rise in profits from associates and joint ventures fuelled its growth.
Five REITs raised $940m in new units in October
$560m were raised in placements and $380m in rights issues.
SIA Engineering profits up 11.6% to $87.6 in H1
Higher airframe and line maintenance revenue drove growth.
Chart of the Day: Private condo prices up 3.1% in January-September
This is already higher than the projected increase by end-2019.
Daily Markets Briefing: STI up 0.38%
YZJ Shipbuilding led the gains amongst top active stocks with a 7.29% leap.
Daily Briefing: Fintech Nium snubs digital banking licence; Travel wallet YouTrip expands to Thailand
And a former StanChart engineer returns to firm as data analytics head in Singapore.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform