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AI overtakes advisers as top tool for young Singapore investors

AI overtakes advisers as top tool for young Singapore investors

However, nearly half of the respondents reported negative experiences with AI tools due to outdated data, among others.

UOB’s net profit down 16% to $443m in Q3

This was due to net interest income declining 8% year on year to $2.3b.

COTD: Funding in Singapore peaked to $274m in October

Late-stage rounds accounted for 81.1% of funding during the month.  

Bukit Sembawang net profit after tax slides 25% YoY in H1

It cited lower revenue from property and hospitality segments for $47m profit.

CBD office rents hit five-year high on strong occupancy amidst tight supply

Savills reported its sixth straight quarterly rise in Q3.

Cathay Pacific to buy back shares of Qatar Airways for $1.17b

Qatar Airways would sell all 643.07 million shares it held at (HK$10.8374).

DBS’s net profit slips 2% YoY in 9M

The group attributed this to the impact of the global minimum tax.

Singaporeans account for 11% of stolen card data: study

In terms of price, Japan is most expensive whilst New Zealand saw the most growth.

Coliwoo Holding sees high subscriptions in IPO

Firm’s public offer shares were 20.7 times subscribed whilst placement was 7.3 times subscribed.

PropNex unit faces $586,000 lawsuit

Propnex Realty is among three co-defendants named in the lawsuit.

Wee Hur, GSC secure $613.9m Upper Thomson Road site

They will develop a 99-year leasehold plot for residential and retail use.

Stoneweg Europe Stapled Trust's NPI up 3%

Its logistics and light industrial assets drove its Q3 earnings growth.

Lendlease REIT raises $280m from oversubscribed private placement

The proceeds will fund its 70% PLQ Mall stake acquisition.

iEdge Singapore Next 50 Index delivers 18% H2 return

Constituents represented a combined market capitalisation of $88b.

CDL Hospitality Trusts launches $1.5b multicurrency debt programme

Proceeds from the issuance will be used to refinance existing borrowings, among others.

Singapore retail sales up 2.8% in September

In contrast, F&B sales declined 1.6% YoY and 1.3% MoM (seasonally adjusted), with total sales estimated at $966m. 

Singapore consumers most digitally impatient in APJ: study

That patience fell sharply for automated channels like chatbots (53%) and IVR systems (47%).