News

Daily Markets Briefing: STI up 0.24%

The thawing US-China trade tensions may boost local sentiment.

Industrial leases leaped 14.6% to 10,473 in 2018

Occupancy rates edged up 0.4 ppt to 89.3% amidst an increase in monthly rents.

Retail investment sales crashed 43.3% to $1.42b in 2018

H2 2018 featured majority stake sales of major suburban malls, including I12 Katong and Westgate.

Jardine Matheson profits crashed 56% to US$1.73b in 2018

It was hit by restructuring charges from Dairy Farm’s Southeast Asia Food business.

City Developments buys UK freehold site for $27.5m

It plans to develop a 664-unit build-to-rent residential project at the 193,752 sqft site.

URA launches Clementi Avenue 1 residential site for sale via public tender

The 16,542.7 sqm site can potentially yield 640 residential units.

More than half of Singapore's CFO are willing to hire ‘job hoppers': poll

Job hopping is more prevalent in the finance and accounting industry.

GIC helped crypto exchange Coinbase raise US$300m: report

The funding boosted Coinbase’s valuation to US$8b.

Singapore still waits for timing of 2% GST hike

It is still monitoring economic conditions as well as expenditure trends and revenue buoyancy.

Chart of the Day: Singapore's big three banks' CET1 ratios hit 14% in 2018

DBS and OCBC’s CET1 ratios rose YoY, whilst UOB’s declined due to faster loan growth.

M1 to delist after Keppel buyout

Keppel and SPH now controls 91.15% of M1's shares.