News

Cromwell EREIT's Q3 NPI jumped 32.3% to $42.69m

Net income from office assets surged 76.6% to $23.26m.

UOL profits down 7% to $80.05m in Q3

This was due to lower profit from the group’s properties.

Chart of the Day: Check out the notable new store openings in Singapore in Q3

There were several notable F&B store openings amidst retail sales rising 2.2% in September.

Daily Briefing: EDBI invests in US fintech firm Pico; Advanced MedTech co-leads $13.6m SonoMotion funding

And travel search engine Wego is teaming with the Macau government to lure in tourists.

Daily Markets Briefing: STI down 0.87%

Singtel saw the sharpest decline amongst top active stocks with a 1.79% fall.

Singapore's big three banks averaged total return of 12% YTD

DBS, OCBC and UOB have averaged an 8% YTD growth in net profit to a combined $11.85b.

IMDA to offer 5G capabilities consultancy with Microsoft

They will create an environment for co-creating 5G use cases.

Condo rents up 4.2% in October

CCR rents took the lead as it grew 6.3%.

HDB rolls out 8,170 flats for sale

The BTO projects span across Ang Mo Kio and Tampines.

Sembmarine's loss widens 76.8% to $52.62m in Q3

Low business volume and costs from new rigs and floaters worsened its loss.

Central Bank of France to open first Asian office in Singapore

They aim to forge closer relations with APAC central banks and financial authorities.

Temasek eyes first euro-bond sale in four years

It may sell 12-year and 30-year benchmark notes.

Chart of the Day: CBD and city fringe offices rent gap to widen to 30% in 2023

City fringe rents are expected to grow 2.4% from 2019-2023.

Daily Markets Briefing: STI up 0.84%

United Engineers led the gains amongst top active stocks with a 1.89% rise.

Yanlord hikes up cash offer in UE to $2.70 per share

It bought 6.15% in UE, increasing its stake to 41.42%.