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.
Here's what business leaders think about the STI drop after tariffs
STI fell more than 8% on 7 April.
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.
Ho Bee Land drops acquisition bid for Australia’s AVJennings
AVJ has accepted a competing binding offer.
Yangzijiang Financial to divest entire treasury share at $0.72 apiece
The total gross proceeds amounted to $139.3m.
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.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape