News
Mapletree Greater China Commercial Trust NPI up 5.4% to $70.90m in Q2
Higher rental rates from Festival Walk and Gateway Plaza boosted revenue.
Noble sells US oil unit for US$1.42b
This comes as part of its decision to monetise global oil liquids segment.
CapitaLand Mall Trust NPI up 1.6% to $121.37m in Q3
Weak rentals for Bedok Mall, Plaza Singapura, and Junction 8 pulled revenue down.
Daily Markets Briefing: STI up 0.17%
Expect some boosts today.
Chart of the Day: Private homes' supply down to 15,085 units in Q2
Developers are now aggressively loading up on land.
Daily Briefing: Hougang project sold $629m via en bloc; CACHE hits 8% distribution yield
And here are two STI ETFs that have gained by as much as 15%.
Singapore unicorn SEA could bag $850m in IPO
The Tencent-backed firm raised its share price to $15.
SGX opens Chicago office
It will expose international investors to 95% of Asia GDP.
GuocoLand Q1 profits soar to $165.55m
Profits rose from higher sales and contributions from its JVs.
MAS to loosen rules for VC fund managers
VC managers' directors and representatives no longer need at least five years of experience in fund management.
Frasers Commercial Trust NPI down 9% to $26.74m in Q4
Repair and maintenance costs for Caroline Chisholm Centre dragged NPI down.
Grab bags US$700m debt facility
It also entered a partnership with SMRT to increase its car fleet.
CapitaLand Commercial Trust NPI up 2.7% to $58.56m in Q3
The sale of its stake in three properties pulled revenue down.
UOB to invest up to $1b in IT
It's trying to ramp up fintech innovation.
Keppel profits up 30% to $291.55m in Q3
It gained $128m from selling its subsidiaries.
Brace yourselves for slower e-commerce growth: Worldpay
The market is expected to grow by a measly 9% by 2021, lower than most rates in Asia.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform