News

Daily Markets Briefing: STI down 0.16%; Top stock is DFIRG USD

DFIRG USD is the top stock with a 1.82 % increase.

Arrowpoint reportedly to raise US$400m in fresh funds

The hedge fund is estimated to be on course towards US$2b of assets by the end of 2026.

Jardine unit buys Indonesian gold mining company for $690.77m

The mining company holds 1.57 million ounces of gold reserves.

SingPost launches lower-cost US shipping for retail customers

The rollout is in response to changes in US import regulations.

GLP closes China Income Fund XIV with $359.5m AUM

The fund is seeded with five income-generating logistics and industrial assets.

Meta Health, 5Digital reach $136.8k settlement with former executives

The sum will be paid in nine tranches starting from September.

Singapore risks losing capital market value chain, SGX chairman warns

The chairman called for an ambitious and broad vision” for Singapore’s capital market.

XMH Holdings to sell 2.07 million Mech-Power shares to MHIESA

This will result in a gain on disposal of $10.034m.

FOMO Group adds SGX Group as shareholder through share deal

The deal expands SGX Group’s earlier investments in CapBridge and 1exchange.

Singapore to launch CSP with New Zealand

The city-state also plans to enhance its ties with South Korea, amongst others.

SG aims to secure spot in ‘changing world’ through enhanced security, bilateral ties

The strategy will focus on defences and relations with other countries, amongst others.

Singapore and nine other countries form Prosecutors / Attorneys General Meeting

This will enhance prosecution cooperation and related matters in ASEAN.

Standard Chartered Singapore posts 13.7% rise in H1 2025 net profit

However, total operating expenses also widened by 5.2%.

iWOW Technology partners with SPTel to expand wireless emergency alert system

This extends emergency assistance to seniors in public rental flats.