News

Daily Markets Briefing: STI down 0.07%

Wall Street's gains despite the new tariffs could uplift the local bourse today.

147,000 customers hit by blackout across 19 areas

Power was fully restored after 38 minutes.

HSBC steps up Singapore and Hong Kong hiring to cash in on Asian goldmine

The bank is planning to add over 1,300 positions by 2022.

OUE Lippo Healthcare to buy stakes in First REIT for $142m

They will issue 2.22 billion new shares to raise $150m for the project's funding.

Muted growth could threaten exports amidst dull electronics segment: analyst

It could look to increase production of the popular radio frequency silicon-on-insulator (RF-SOI) chips.

Slower take-up rates could hurt property stocks' performance

The outperformance of property stocks historically showed the highest correlation to take-up rates.

International Chamber of Commerce of Hong Kong is The Asian Export Awards 2018's new partner

ICC-HK joins the top award for Asia's exporters as supporting partner.

SIA passenger load factor rose 4.4 ppt to 84.8% in August

The stronger returning traffic amidst the summer holidays improved PLF.

Sembcorp clinches 20-year solar power deal for Facebook's Singapore operations

They will install close to 900 solar panels in Singapore rooftops from 2018 to 2020.

CapitaLand buys 16 US properties for $1.14b

The 3,787 apartment units have an average occupancy rate of over 90%.

Laguna Park up for en bloc sale at $1.48b

It can be redeveloped to about 2,487 units.

Mortgage growth for DBS could stay healthy despite property curbs

And its net interest margin could get a boost by a hike in the US federal funds rate.