News

Singapore asset management firm Golden Equator Capital co-leads $120m funding for SEA tech companies

A proportion of the fund is reserved for Korean firms looking for SEA expansion via Singapore.

Inflation expectations for next year down to 3.11% in June

The slight tightening of Singapore’s monetary policy shaped expectations of cheaper prices.

Chart of the Day: Home property assets fall whilst mortgage loans stay up

Home assets as part of total household assets have fallen from 50.5% to 44% in 7 years.

ST Engineering wins maintenance contract for 62 Japan Airlines planes

It already provides airframe maintenance services to the airlines.

$17m of Xiaomi warrants traded at launch

Call warrant MPAW at HK$20 was the most traded for the week.

New misconduct reporting measures put heat on Singapore FIs

MAS proposed new misconduct reporting requirements and mandatory reference checks for FIs.

Trade war could drag Singapore's GDP down to 2.7%: analysts

There could be further dampening effects on business and consumer sentiments into 3Q2018.

Homebuyers turn to HDB rentals as home prices shoot up following cooling measures

Displaced en bloc owners could turn to spacier flats whilst waiting for a replacement home.

IHH could pay up to $1.47b for controlling stake in Fortis Healthcare

It was chosen as the bidder to buy the controlling stake at 31.1% to 57.1%.

Productivity cannot keep up with wage growth: Minister Koh Poh Koon

Real wages rose 1.9% whilst productivity grew only 1.1% in 2011-2017.

Oxley CEO buys 9.6m company shares for $3.19m

Deputy CEO Erik Low See earlier bought $873,000 of company shares.

GIC lauds China and India as growing areas of tech investment

Emerging markets are leapfrogging due to openness and less mature industries.

GIC's annualised returns beat global inflation by 3.4%

The state investor expressed volatility concerns for the year ahead.