News
Noble agrees to exchange $31.7m notes from embattled Australian mining firm for cash and shares
Noble agrees to exchange $31.7m notes from embattled Australian mining firm for cash and shares
They will get $11.78m, new shares and options from Sundance.
Singapore placed 13th in human capital investments: study
It has beaten both Japan and US that clinched the 14th and 27th spots, respectively.
Investors ditch developer stocks for REITS
Property stocks fell 5.4% whilst REITS rose 0.7% since the cooling measures in July.
Keppel's maiden Nanjing project could boost 2019 earnings
It could see faster monetisation compared to past China buys.
Daily Briefing: Grab required to go back to pre-merger pricing algorithms; Prudential hires former Goldman Sachs' top SEA banker
And NTUC FairPrice halts Australian strawberry imports.
Daily Markets Briefing: STI up 0.05%
Don't expect gains today.
Chart of the Day: Outbound M&As jumped 13.7% to $24.15b in September
Germany is the most targeted nation for Singapore oversea deals.
MAS unveils latest enforcement monograph
It explains the agency’s investigative powers over the financial sector.
Non-exclusivity conditions should also be imposed on taxi operators: Grab
Grab also said that they are committed to 'fair pricing'.
M&A activity drops 18.5% to US$54.3b YTD
Deal size shrank from US$129.1m to US$113.4m.
Singapore's inflation in line with expectations at 0.7%
Thanks to the smaller decline in accommodation costs.
CCCS slaps $13m fine on Grab and Uber over ‘anti-competitive' merger
Grab will have to pay $6.58m whilst Uber will be fined a slightly lower amount of $6.42m.
Wheelock Properties' privatisation offer extended to 2 October
The offeror also signalled that it was investors’ final chance to accept the offer price of $2.10.
Keppel-KBS US REIT to buy US business campus for $231.43m
The Westpark Portfolio in Seattle has an occupancy rate of 97.7%.
Chart of the Day: Big four telcos total returns averaged 5.5% in September
Netlink NBN Trust saw the highest QTD returns in September at 6.1%.
Daily Briefing: DBS to expand foothold in China's debt capital markets; VC firm VisVires to launch US100m fund in 2019
And 80 shops in Plaza Singapura hit by power disruption.
Daily Markets Briefing: STI up 1.17%
Expect muted gains today.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape