Markets & Investing

S-REITs enter recovery phase after 11.8% slide in 2024 returns: UOB

S-REITs enter recovery phase after 11.8% slide in 2024 returns: UOB

Historical data shows a negative correlation of -0.59 between the FTSE ST All-Share REITs Index and the S&P 500 Index.

COTD: Singapore startup funding jumps 46.72% MoM in March

Early-stage startups (94.3%) held the largest share of funding.

The Hour Glass unit to acquire Australian firm for $75.6m

SPV is a newly incorporated company that retails watches and related products.

Intraco Limited exits SGX watch list

It will take effect from 7 April 2025.

The Wild Ventures launched with $1m backing from global founders

The funding round included participation from high-profile names such as Alex Bouaziz (Deel).

Singapore surpasses San Francisco as top startup hub globally

Startups with sustainable business models lead investment deals.

REITs, high-yield stocks are investors' top defensive plays against tariffs

KDCREIT, ST, STE, and CLAR amongst those named by CGS International analysts.

Stoneweg EREIT manager eyes REIT conversion to stapled trust

It will comprise Stoneweg European REIT and Stoneweg European Business Trust.

More than 1 in 5 Singaporeans risk high-interest loans to invest despite low literacy

The risk appetite is highest amongst Gen Z (29%) and millennials (31%).

KIT invests in Global Marine Group with a 46.7% stake acquisition

KIF and its co-investor will hold the remaining 53.3% equity stake in GMG.

GIC, Temasek to acquire ‘significant stake’ in biotech CRO Novotech

Novotech provides biotech to small and mid-sized pharma companies.

Keppel sells Palm City development stake for $141.4m

It is expected to result in net divestment profit of around $55m for Keppel.

65 Equity Partners, Inflexion secure minority stake in Kee Safety

The investment implies a valuation for Kee Safety of approximately $2.3b (£1.3b).

Singapore emerges as top launchpad for cloud and AI growth

Investors increasingly view Singapore as a launchpad for regional AI and cloud growth, the report said.