News

Food inflation tempers to 2.3% in June

Food inflation tempers to 2.3% in June

Food inflation eased from 3.8% in January as commonly bought items cheapened.

Time is gold: Tourists go gaga over luxury watches in Singapore

Chinese shoppers spend an average of $10,481 on luxury watches and jewelry.

Singapore companies invested US$22.6b overseas in 2011

That's a doubling of outbound FDI since 2004, but still down from a record 2007.

Singapore companies' earnings beat expectations by 9.6%

But excluding the volatile Real Estate sector, the beat is only 3.5%.

Sparks fly as SGX acquires 49% of Energy Market Company

This move marks SGX's debut in the electricity sector.

Slowdown looms as global lending growth drops to 3%

And Hong Kong is in the highest category of macro-risk due to bad lending.

Asian banks urged to cut dividends by 50%: Barclays

Dividend cuts will be needed to fund regualtory capital increases.

Cosco faces debt threat

COSCO has had negative operating cash-flows for the past three years, says OCBC.

The 3 priciest executive condos of 2012

Guess the only exec condo in Singapore which breached $1000 psf price mark.

Chart of the Day: Here's why exec condos are not short of buyers

The average take‐up for a new EC project is 65% within the first 2 months of launch.

Construction cost of executive condos 20% cheaper than private homes

Today’s EC discount is $150‐$200psf, or $100‐$150psf.

Don't be fooled by rosy rise in rents, warns analyst

A 4% dip in rents actually lurks beneath the 0.3% climb that URA statistics showed.

COSCO struggling amid 13% profit slump

The S$27.6m earnings may imply rough seas ahead with the group's transition into an offshore yard.

Keppel to build five semisubmersibles for Sete Brasil

The US$4.1b rigs will be chartered to Petrobras for 15 years upon completion.

iPhone 5 will whittle away StarHub margins

Telco expected to launch a profit-draining subsidy plan with new iPhone 5.