News
Dairy Farm to replace Starhub in STI
Dairy Farm to replace Starhub in STI
The retail firm is scheduled to join the index by 24 September.
Ascendas Reit prices $452m placement at $2.54 per unit
The firm will use $250m of the proceeds to partially fund a UK logistics portfolio.
Noble forms Asset Co and Trading Hold Co
They will hold company assets after the restructuring.
Fintechs need more scrutiny from regulators: DBS CEO
Ant Financial is an example of firms that need more oversight, Piyush Gupta says.
Chart of the Day: S-REITs outpaced STI by 1.1ppt despite negative returns
They could provide "defensive shelter" amidst uncertainties, analysts say.
Daily Markets Briefing: STI down 0.27%
Concerns about the emerging markets and trade tensions could mute gains today.
Daily Briefing: GIC not worried about emerging market woes; Grab sees revenue doubling to US$2b in 2019
And two adjoining Amoy Street conservation shophouses up for sale at $50m.
Demand for data scientists in Singapore surged 17 times: LinkedIn
India continues to be a top source of these talents migrating to the city.
MAS tightens cybersecurity rules on FIs
It will require FIs to implement 6 measures that will address flaws in a timely manner.
HDB resale volume plummeted 18.6% in August
Prices barely inched up by 1%.
DBS' Singapore-dollar perpetual notes booked over $3b
It priced the perpetual securities at 3.98% following hot demand.
Facebook invests $1.4b in data centre in Singapore
It will be built in the Jurong East district.
Luxury home prices jumped 11.5% in H1
Singapore bucked declining trends and led luxury price gains globally.
Noble forms investment holding firm in British Virgin Islands
The firm will hold Noble’s assets after the restructuring.
Chart of the Day: Singapore invested US$300m in energy M&A for Q2
It is one of the top investing countries in the Asia Pacific.
Daily Markets Briefing: STI down 1.7%
Emerging market concerns could weigh on local sentiment.
Daily Briefing: DBS opens 70 big data jobs; Here's how Sheng Siong has grown 25% YTD
And 2 adjoining conservation shophouses in Amoy Street are being offered for $50m.
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Commentary
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