News
UBS to launch eFX engine in Q2 2019
UBS to launch eFX engine in Q2 2019
It is expected to improve the FX market’s transparency and efficiency.
Highest bidder for Dairy Farm Road site offered $368m
The highest bid for the Jalan Jurong Kechil hit $215m.
Singapore's healthcare spending boom in sight as more hospitals open doors
Over 3,000 beds will be added in five years.
Share buybacks surged 308% to $245m in August
The highest buying spree from DBS alone which totalled $150.77m already toppled the monthly threshold of $100m.
Chart of the Day: First-time issuances in Singapore's debt market inched up 43% to 63
Amongst the first-time issuers are Parkway Pantai which issued a US$500m senior perpetual bond.
Daily Briefing: Singapore family office heats up Asia's hedge fund fight; NUS invests $18m in launch of 250 startups
And a Canadian startup aims to aid AI Singapore for Smart City initiatives.
Daily Markets Briefing: STI down 0.35%
Trade tensions could affect gains in the local bourse today.
Canberra Link EC site's highest bid hits $271m
The other eight bids ranged from $201m to $258m.
Here's why high exposure to foreign currency is a bane for Singapore banks
Their dependence on foreign funding and external debt levels makes them 'more vulnerable' amidst the trade wars.
GIC sells 50% stake in Sydney skyscraper for $889m
Chifley Tower houses Snapchat, Blackrock, Morgan Stanley, and UBS as its tenants.
CPF retains ninth spot in world's biggest pension funds
It lagged behind Asian counterparts South Korea's National Pension and China's National Social Security.
UOB prices $796.76m bonds at 0.25%
They are expected to be issued by 11 September.
Singapore and Hong Kong private banks wage war for wealth managers to lure Asia's crazy rich
Banks are willing to offer pay hikes between 30-45% to secure the best talent.
Public transport operators may pose fare hikes up to 4.3%
Hikes in energy prices and public transport workers' wage were taken into consideration.
Manufacturing PMI inched up 0.3ppt to 52.6 in August
Electronics PMI also expanded by 0.4 ppt to 52.0.
Chart of the Day: High-end condo price hike dipped 1% in Q2
High-end units were priced at $2,400 psf, on average.
Daily Markets Briefing: STI down 0.2%
Don't expect gains today.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform