News

Sutton Place up for collective sale at $285m

It will be sold by way of a public tender.

Manulife net income down to $1.1b in Q2

Core earnings also fell 9% year-on-year during the quarter.

Total merchandise trade up 28.1% in Q2 22

This followed the 20.8% growth in the previous quarter.

Investors to get better assurance from Singapore despite macroeconomic woes

Economy grew by 4.8% year-on-year in the second quarter of 2022.

Market update: STI up 0.37%

ThaiBev had the most growth for the day.

Maybank enables Singapore, Malaysia card users to link with ApplePay

This includes users of Mastercard and Visa credit, debit, and prepaid cards.

One Clapham Junction open for sale: Savills

The launch event is from 13 to 14 August.

Commercial real estate investment soar 74% YoY to US$5.6b in Q2

Singapore had the strongest performance amongst APAC markets.   Singapore beat other APAC markets in terms of commercial real estate investment volume in Q2, a report from MSCI Real Assets unveiled.

OCBC enables direct CPF account top-ups from digital app

This makes OCBC the first bank to enable this outside of the CPF website.

Chart of the day: Condo resale volumes falls 30.7% in July

Only 1,248 units were resold in July, a decrease of 6.7% from June.

Investor performance for semiconductor giants ‘strong’ in July

Investors are also seeing an opportunity in Taiwan Semiconductor Manufacturing Company.

Condo resale prices rise 1.2% MoM in July

This marks the 24th straight month of price increase for the market.

PropNex Limited's net profit drops 17.1% YoY to $28.3m in H122

The decline was on the back of its marginally lower revenue.

Massive NIM expansion backs increase of DPS in 2023: analyst

DBS, OCBC, and UOB posted expansion in the second quarter (Q2) of 2022.