News

SGX cautions on what to observe when conducting share buy-backs

SGX cautions on what to observe when conducting share buy-backs

Firms should not carry out buy-back operations two weeks after releasing their quarterly financial statements.

Bank lending in October up 3.41% to $671.74b

Business loans grew by 3.35% due to a steep 10.53% climb in building and construction loans.

URA releases four sites for sale under the second half 2018 GLS programme

The four sites can yield about 1,915 residential units altogether.

SGX's proposed review changes may hold IPO managers to higher standards

Issue managers must be independent from the firm listing on the mainboard.

Keppel REIT divests 20% stake in Ocean Financial Centre to Allianz for $537.3m

The agreed property value will see $77.1m in capital gains for Keppel REIT.

Daily Briefing: Average income rose above $4,400 in 2018, Temasek confirms backing Australian private equity firm's $1.96b debut fund

And VC firm Tin Men Capital injects $12.5m more into e-ticket distribution solutions provider GlobalTix.

Singapore still hungry for more fraud detectors

The big three banks have already initiated using AI and data analytics to pump up the detection of illicit activities.

Employment rates and average incomes rise in 2018

Employment rates for residents 15 & over rose from 64.9% in 2017 to 65.1%.

GOJEK launches beta app in Singapore

DBS/POSB customers will guide its customers to get priority access to the app.

Changi passenger traffic rose 4.3% in October

Traffic to and from the US climbed 28% with additional services from Singapore Airlines and United Airlines.

Westgate acquisition could bolster CapitaLand's DPU up to 7%

Rental growth could rise 2% supported by F&B and sports brands in 2019.

Daily Markets Briefing: STI up 0.13%

Expect an upbeat tone in the local bourse today.

Completed condo prices slipped 0.6% in October

Units in the non-central region saw a price decrease of 0.9%.