News

MoneyMax retail surge drives $29.6m net profit in H1 FY2025

Retail and trading accounted 54% of earnings for the first half of the fiscal year.

Singapore trails as $45t managers pivot to China and Japan

Only 11% of respondents chose Singapore as a top performer compared to 21% for China and Japan.

CAREIT deploys $1.92b proceeds for portfolio acquisition

$1.79b was applied to assets as loan drawdowns reach $404.8m

ASTI ends 42-month trading freeze after SGX approval

The company warns investors to review disclosures as trading resumes 22 January.

Oxley axes Malaysia JV as Posh Properties enters liquidation

The liquidation will not affect the company’s earnings per share.

SIA prices $500m bond at 2.70% to fund fleet

It is leveraging its $10b multicurrency medium-term note programme for this sale.

EnterpriseSG and Grab grant 12,000 F&B firms free data access

Participating merchants will receive marketing tools and consumer trend reports at no cost.

Trust Bank’s 7,000-stock launch slashes US trading fee barriers

The fractional trading launch features no platform or custody fees through 30 June.

Franke opens Singapore flagship as New A Line platform debuts

The Tai Seng facility joins other major locations in Tokyo, Sydney, and Shanghai.

Daily Markets Briefing: STI down 0.14%; Top stock is DFI Retail

DFI Retail Group is the top stock with a 4.84% increase.

Trade steadies as tech offsets export swings: analysts

Non-oil re-exports jumped 15% YoY in December, with a surge to the US, Nomura said.

Astrea 8 hits $1.68B NAV amidst PE distribution phase

Portfolio cash returns trim NAV whilst leverage stays controlled.

Changi Airport deploys first fleet of fully driverless baggage tractors

Two autonomous vehicles now link T1 and T4, with the fleet set to hit 24 by 2027.