News

UOB profits jumped 21% to $978m in Q1

UOB profits jumped 21% to $978m in Q1

Its record high earnings were boosted by higher incomes from interest and fees and commissions.

Daily Briefing: STI gains 6.2% and tops Asian markets; Expect 14,200 new homes for the rest of 2018

And here's why foreign and local developers are still keen to grow their landbank.

Daily Markets Briefing: STI up 0.04%

Investors are urged to take caution today.

Chart of the Day: Share buyback value in April crashed 47% from 30-month high

Late April coincides with annual general meetings where 12-month buybacks are scheduled for approval.

MAS requires over-the-counter derivatives trades to be centrally cleared

Banks with $20b OTC derivatives will be required to clear their trades through regulated counterparties.

Singapore PMI shrinks by 0.1 point to 52.9 in April

The growth of new orders and new exports slowed down.

MAS to hold third FinTech Festival from 12 to 16 November

It will bring back its FinTech Deal Day and open its platform to more ASEAN startups.

UOB partners with coworking operators to offer 20% rental discount to startups and SMEs

The discounts will cover 33 coworking spaces owned by five Southeast Asian firms.

IT employees can earn as much as $120,000 in 2018

The highest salaries are being offered to project managers, security specialists, and business analysts.

Quarter life crisis hits 8 in 10 young Singaporeans

They feel pressured to achieve success before they hit 30.

Sembmarine risks sinking in 2018 despite new orders

It still has to work through the 2016-2017 orders that were secured at lower-than-average EBIT margins.

Singapore money supply grew by 3.1% in March

Its net foreign position weighed on the growth of both public and private credit.

AusNet Services eyes SGX delisting on 16 July

It will continue to maintain its primary listing on ASX.

Singapore's number of employed full-time workers is the fifth highest globally

But the island nation still suffers from a large engagement deficit.

CapitaLand Q1 profits slipped 18.8% to $319.09m

It blamed the absence of the gain from the sale of The Nassim.

Daily Markets Briefing: STI up 1.03%

Investors are cautious as they await the Fed's rate decisions.