News

Ascendas Reit prices $452m placement at $2.54 per unit

Ascendas Reit prices $452m placement at $2.54 per unit

The firm will use $250m of the proceeds to partially fund a UK logistics portfolio.

Noble forms Asset Co and Trading Hold Co

They will hold company assets after the restructuring.

Fintechs need more scrutiny from regulators: DBS CEO

Ant Financial is an example of firms that need more oversight, Piyush Gupta says.

Chart of the Day: S-REITs outpaced STI by 1.1ppt despite negative returns

They could provide "defensive shelter" amidst uncertainties, analysts say.

Daily Markets Briefing: STI down 0.27%

Concerns about the emerging markets and trade tensions could mute gains today.

Demand for data scientists in Singapore surged 17 times: LinkedIn

India continues to be a top source of these talents migrating to the city.

MAS tightens cybersecurity rules on FIs

It will require FIs to implement 6 measures that will address flaws in a timely manner.

DBS' Singapore-dollar perpetual notes booked over $3b

It priced the perpetual securities at 3.98% following hot demand.

Facebook invests $1.4b in data centre in Singapore

It will be built in the Jurong East district.

Luxury home prices jumped 11.5% in H1

Singapore bucked declining trends and led luxury price gains globally.

Noble forms investment holding firm in British Virgin Islands

The firm will hold Noble’s assets after the restructuring.

Chart of the Day: Singapore invested US$300m in energy M&A for Q2

It is one of the top investing countries in the Asia Pacific.

Daily Markets Briefing: STI down 1.7%

Emerging market concerns could weigh on local sentiment.

Daily Briefing: DBS opens 70 big data jobs; Here's how Sheng Siong has grown 25% YTD

And 2 adjoining conservation shophouses in Amoy Street are being offered for $50m.

All COE premiums down in first bidding for September

Declines were recorded for the second consecutive bidding.