News

SATS Q4 profits down 1.8% to $65.4m

SATS Q4 profits down 1.8% to $65.4m

Earnings and revenue were hit by the deconsolidation of SATS HK after the sale of its 51% stake.

SGX bows out of India futures launch amidst lawsuit

It will wait for the results of the lawsuit, which is headed into arbitration.

Chart of the Day: Banks bear the burden of growing credit card debt

Bad credit card debt that was "written-off" jumped 16% to $20.74m in March.

Plantation firms' Q1 profits hit by lower crude palm oil and FFB output

Production of fresh fruit bunches ranged from -2% to -35% for most companies.

Over 2.8 million sqft of retail space is up for grabs

Expect the completion of the Paya Lebar Quarter Mall, which is already 40% pre-leased.

Singapore rallied to 5th spot in world's most liveable cities

Its ranking was boosted by strong economics and governance.

Malaysia has yet to formalise rejection of high-speed rail project

The Singapore government has not yet received any notification from Malaysia.

Weak outlook in China could hit Keppel's strongest unit

Property launches have been pushed into 2020, lifting earnings from China by 30%.

MAS to require investors to log stock short sales

They need to be reported through an online portal.

Grab launches GrabFood beta in Singapore

Users can order in advance with no minimum amount required.

Daily Market Briefing: STI up 0.15%

Singtel led the gains at 0.73%.

Chart of the Day: Manufacturing output could taper amidst strong electronics production

Electronic exports have shrunk for 5 months straight despite high output.

SGX-NSE talks for cross-border trading fall apart

The exchanges couldn't agree on issues such as timing, regulation, and resources.