News

DBS profit balloons 72% to $1.41b in Q3

Strong lending and fee income figures boosted quarterly earnings.

Daily Markets Briefing: STI up 1.81%

Trade concerns could weigh on the local bourse today.

Manufacturing PMI falls to 51.9 in October

The factory output index is at its lowest since July 2017.

Qualifying cross-border financing deals with Chongqing hit $5.78b in August

Bond issuance by Chinese issuers in Singapore almost doubled in 2017 to reach $18b.

Singapore Post Q2 profits slipped 12.9% to $25.15m

Its stake in an associated company was diluted, making it ineligible for equity accounting.

New Zealand beats Singapore in ease of doing business rankings

Singapore can improve by making property registration and electricity application easier.

Sembcorp Industries Q3 profits slipped 11.6% to $82.33m

It blamed its marine segment upon the sale of a semi-submersible and continued low business volume.

SGX unveils 10 new leveraged exposure products

It will let SIP-qualified investors take long or short positions with leverage on the daily performance of the underlying stocks.

StarHub to pull the plug on cable services in 2019

It is ushering its customers to an all-fibre network for more efficient services.

OCBC profits jumped 12% to $1.25b in Q3

Net interest income grew 9% to $1.51b.

Chart of the Day: Prime retail rents in Singapore may see muted growth until 2022

They could be hit by high occupancy costs and diminished tourist spending.

Bank loan growth slows to 4.5% in September as sentiment sours

This marks the slowest on-year pace since February.