News
Daily Markets Briefing: STI up 0.55%; Top stock is HongkongLand USD
Daily Markets Briefing: STI up 0.55%; Top stock is HongkongLand USD
HongkongLand USD is the top stock with a 3.99% increase.
Temasek Holdings joins $2b investment in Veeam Software
It will raise Veeam’s valuation to $15b.
Retail sales rise 2.2% YoY to $4.1b in October
Driven by stronger online sales with 12.7% share.
F&B sales rise 3.9% YoY to $997m in October
All F&B segments recorded MoM growth.
Singapore STI outpaces peers in Asia Pacific, led by financials and utilities: FTSE Russell
Financials comprised 53% and real estate 17% as of September.
Ride-hailing bookings updated with child seat and wheelchair space options
These changes have been effective since November.
MAS to launch electronic deferred payment solutions in mid-2025
It will help support the transition to e-payments.
Singapore dollar amongst top 10 currencies processed during Black Friday
The Black Friday-Cyber Monday period saw a total of 465 million transactions.
Australia commits US$50m to Singapore’s green transition initiative
The initiative seeks to accelerate green transition in the Southeast Asia region.
Hong Fok to buy properties in International Building Singapore
Completion of the proposed acquisition is expected to take place in February 2025.
Keppel Pacific Oak US REIT bags US$50m loan facility
The loan facility was obtained through its trustee, Perpetual (Asia) Limited.
Affluent investors in SG demand more integrated wealth management solutions: survey
Wealthier individuals are particularly receptive to automated solutions.
Keppel and AWS ink deal to boost global AI and connectivity solutions
The partners will explore data center solutions, subsea cables, and renewable energy.
ValueMax Group launches seventh digital securities series on SDAX
The issuance is priced at 4.5% per annum.
Meta Health eyes 30% of Aios Bio Sciences share capital
It is part of Meta Health’s efforts to grow the group’s healthcare business
CLI expands Japan self-storage portfolio with new acquisitions, partnership
CLI’s self-storage platform partnered with Japanese indoor self-storage manager Ambitious.
HK-listed ESR Group receives privatisation offer at $13 per share
Shareholders can choose to receive a cash consideration.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape