News

Daily Briefing: Carousell's value surges to $850m after merger; HR exec salaries to hit $300,000 in 2020

And Cocoon Capital leads the $1m seed funding for SaaS-based security firm GuardRails.

Daily Markets Briefing: STI down 1.16%

YZJ Shipbuilding saw the sharpest decline amongst top active stocks with a 2.45% drop.

Chart of the Day: Share of condo units sold to HDB upgraders fell to 30%

Sales volume of buyers with HDB addresses fell 3.4% to 1,232 units.

CDL, CapitaLand to redevelop Liang Court

Ascott Reit will rebuild 13,034 sqm out of the Liang property for a partial sale of $163.3m.

CapitaLand sells The Star Vista to Rock Productions for $296m

The mall comprises three levels of retail space with an NLA of 162,500 sqft.

SPH REIT to raise $161.5m via private placement

Net proceeds will be used to fund a shopping centre acquisition in Australia.

SIAS worries over Utico's last-minute changes on Hyflux deal

They hope that the outcome will benefit holders of the perpetual securities and preference shares.

GDP to grow 0.5-1% in 2019: MTI

Manufacturing performed better than expected in Q3.

NODX decline narrows to 9.6% in Q3

It is projected to further slide between 10% to 9.5%.

Chart of the Day: RCR takes up bigger share of sold new condos priced above $3m in Q3

The recently launched Avenue South Residence sold 26 units sized 1,000-1,500 sqft.

Daily Markets Briefing: STI down 0.28%

CapitaLand led the gains amongst top active stocks with a 0.3% climb.

Billionaires invest $46m in Australian solar farm connecting to Singapore

The 4,500km transmission network is set to be the world’s longest high voltage cable.

IHH Healthcare denies collusion with former Fortis owners

Its subsidiary only acquired shares after the exit of its erstwhile owners.

Senoko Energy denies seeking loans to weather oversupply issues

It said it has explored the possibility with EMA but currently sees no need for it.

Top three oil & gas stocks averaged total return of 105.3% QTD

Rex International leads the pack with a total return of 144.9%.