News
Institutions flee banks with $701m in April outflows
Institutions flee banks with $701m in April outflows
The Straits Times Index (STI) declined 3.5% during the month, with dividends easing the total return loss to 2.3%.
Trump’s trade reboot clouds APAC outlook, CRE holds for now: report
APAC entered 2025 with economic momentum: Q1 GDP growth came in at 3.9%, matching pre-Trump levels.
DBS sees STI trading sideways after April rebound stalls
The index is forecast to trade within a range, with support at 3,700 and 3,635, and resistance at 3,820 and 3,865.
Daily Markets Briefing: STI up 0.09%; Top stock is JMH USD
JMH USD is the top stock with a 3.91% increase.
Q&M Dental to acquire all remaining Aoxin Q&M shares at $0.0321 each
The offer will close on 28 May.
Jardine C&C reports lower contributions from most businesses in Q1
Currency depreciation contributed to the downturn.
Investors demand authentic growth from sustainable food brands
Truly Nuts! and TNB Aura outlines what it takes for sustainable food businesses to scale.
Elite UK REIT’s NPI rise 24.4% YoY to $18m
DPU rose 9.6% to $0.0132.
CSE Global unit acquires Chicago Communications for $11.1m
It will expand the group’s communication businesses in the infrastructure industry.
Manufacturing outlook dims amidst trade strains
The chemicals cluster is the most pessimistic.
Sasseur Asset Management’s CEO Cecilia Tan to step down.
Her last day as CEO will be on 28 October.
CDL Hospitality Trusts’ NPI down 14.2% YoY
NPI for the period was $30.0m.
GRP Limited appoints new contractor for housing project in Malaysia
The total contract sum is approximately $28.1m (RM92.83m).
CapitaLand Investment’s Q1 revenue drops 24% YoY
CLI reported a total revenue of $496m.
Mapletree Industrial Trust posts 2% YoY rise in NPI
With a higher NPI, MIT's DPU rose by 1% YoY.
Ban Leong receives buyout offer from Epicsoft Asia at $0.6029 per share
Epicsoft Asia has no plans to raise the offer price yet.
Temasek’s Seviora to appoint Gabriel Lim as CEO in September
Lim joined the group on 1 May 2025 as CEO-designate.
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