News

Daily Markets Briefing: STI up 1.08%

Daily Markets Briefing: STI up 1.08%

Fears of a trade war remain, weighing down local sentiment.

SPH REIT Q2 NPI down 1.1% to $42.2m

Paragon’s negative rental reversion of 7.1% pulled down revenue.

Uber app shutdown moved to 18 April

The Competition and Consumer Commission of Singapore is still reviewing the Grab and Uber deal.

Goldilocks slams Noble's new board appointments

It questioned the three new UK-based directors, which were had no experience in Singapore companies.

Iceberg Research urges stakeholders to sue Noble

It attacked the restructuring proposal’s legal release clause and said it has “zero chance” of success.

65,000 Singaporeans hit by Facebook data breach

As a response, it has changed data permissions and data sharing practices.

Perennial Real Estate could spend $321m in Goodluck Gardens redevelopment

It will jointly develop the site with Qingjian Group and hold 40% of the project.

StarHub boosts peak 4G speeds to 1Gbps

Customers will need to switch to 1Gbps-capable phone.

VINCI buys Singapore-based Wah Loon Engineering

It expects to raise $201.62m revenue in 2018 from data centre construction.

Daily Briefing: UN to hear Malaysia-Singapore island dispute; 4 refuelling vessels seized over unpaid debt

And here’s why 99-year leasehold HDB flats aren’t a good investment for old age anymore.

Chart of the Day: 2 in 3 en bloc site buyers are from Singapore

More developers are positive about the property market.

Daily Markets Briefing: STI up 1.97%

Markets are still jittery over a looming trade war after the US imposed additional tariffs on China.

Keppel's Alpha fund sells stake in $133m Shanghai International Plaza

The fund realised a rate of return of close to 20% due to the sale.

SGX RegCo urges Noble creditors to reconsider restructuring deal

It said shareholders’ votes on the deal should not affect their entitlement to get shares in the restructured company.

Can Sheng Siong repeat its success in China?

It could lose around US$6m if it doesn’t succeed.

CapitaLand to launch e-payment service in 17 malls

It will open its first terminal in Raffles City Singapore on 18 April.