News
Balestier Road property sold for $143.88m
Balestier Road property sold for $143.88m
Unit owners will be compensated approximately $1.4m to $2.32m.
Private home sales jumped 53.1% in May
Homes outside central region registered higher percentage of sales.
OCBC and UOB tap NETS for mobile and online payments
Purchases will directly be debited to the user's bank account through NETSPay.
Noble runs into creditor trouble over restructuring deal
Some perpetual bondholders in the UK filed a lawsuit against the company.
Foreign direct investment from Singapore fell 11.79% to US$24.7b
This was due to a significant fall in foreign direct investments in the financial sector.
Grab's $500m syndicated facility deal 2.5 times oversubscribed
The deal will fund Grab Car’s vehicle fleet.
Keppel expects $43m gain from $205m sale of Shenyang township project
It said it is recycling assets for higher returns.
Ascendas Hospitality Trust buys 3 Osaka hotels for $126.1m
All 3-star hotels offer 518 rooms in total.
Daily Markets Briefing: STI down 1.05%
Investors are urged to take caution.
Daily Briefing: Singapore asset managers drop some Malaysian bonds over 1MDB scandal; NSE tries to lure investors after SGX fallout
And Google’s new hire highlights its hiring raid on Singapore banks.
Chart of the Day: Singapore-listed equity raising in H1 jumped 208.6% to $4.33b
It was bolstered by follow-on offerings with proceeds worth $3.79b.
Singapore's Ho Bee Land buys London Grade A office tower for $1.16b
The property, Ropemaker Place, is 21 stories high and 602,000 sqft large.
SGX to list Nifty contracts after August amidst arbitration
The hearings after arbitration are expected to start early-2019.
SGD bond markets down 41.9% to $7.5b YTD
LTA’s $1.2b bond offering is 2018’s largest so far.
Industrials led Singapore's cross-border IPOs in H1
They had a market share of 39% and total proceeds of US$36m.
Bond offerings rose 0.7% to US$14.4b YTD
Proceeds declined by 18.6% to US$6.5b as the end of Q2 approaches.
Volatile pharma and food could dent NODX growth in May
Moody’s forecasts it could fall to 5.5%.
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