News
Noble agrees to exchange $31.7m notes from embattled Australian mining firm for cash and shares
They will get $11.78m, new shares and options from Sundance.
Singapore placed 13th in human capital investments: study
It has beaten both Japan and US that clinched the 14th and 27th spots, respectively.
Investors ditch developer stocks for REITS
Property stocks fell 5.4% whilst REITS rose 0.7% since the cooling measures in July.
Keppel's maiden Nanjing project could boost 2019 earnings
It could see faster monetisation compared to past China buys.
Daily Briefing: Grab required to go back to pre-merger pricing algorithms; Prudential hires former Goldman Sachs' top SEA banker
And NTUC FairPrice halts Australian strawberry imports.
Daily Markets Briefing: STI up 0.05%
Don't expect gains today.
Chart of the Day: Outbound M&As jumped 13.7% to $24.15b in September
Germany is the most targeted nation for Singapore oversea deals.
MAS unveils latest enforcement monograph
It explains the agency’s investigative powers over the financial sector.
Non-exclusivity conditions should also be imposed on taxi operators: Grab
Grab also said that they are committed to 'fair pricing'.
M&A activity drops 18.5% to US$54.3b YTD
Deal size shrank from US$129.1m to US$113.4m.
Singapore's inflation in line with expectations at 0.7%
Thanks to the smaller decline in accommodation costs.
CCCS slaps $13m fine on Grab and Uber over ‘anti-competitive' merger
Grab will have to pay $6.58m whilst Uber will be fined a slightly lower amount of $6.42m.
Wheelock Properties' privatisation offer extended to 2 October
The offeror also signalled that it was investors’ final chance to accept the offer price of $2.10.
Keppel-KBS US REIT to buy US business campus for $231.43m
The Westpark Portfolio in Seattle has an occupancy rate of 97.7%.
Chart of the Day: Big four telcos total returns averaged 5.5% in September
Netlink NBN Trust saw the highest QTD returns in September at 6.1%.
Daily Briefing: DBS to expand foothold in China's debt capital markets; VC firm VisVires to launch US100m fund in 2019
And 80 shops in Plaza Singapura hit by power disruption.
Commentary
Banks need to rethink identity governance for AI agents
As Singapore broadens retail investing, who moves before the news?
Can controlled sandboxes prepare Singapore organisations for production AI?
What the latest sanctions regimes mean for Singapore businesses
Singapore’s tourism economy depends on security infrastructure most never see
Where does value creation really happen?
Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions