News

GIC and Sony Music Publishing acquire 45,000-song catalogue

Blackstone exits catalogue as Sony-GIC venture expands music rights exposure across global assets.

Life insurance payouts hit $5.08b in Q1

Health claims added another $712m, mainly from Integrated Shield Plans.

Singapore and China broaden drug oversight deal to cover gene therapies

It alters regulatory pathway structure for emerging medical technologies.

MAS adds Ong Pang Thye to board amidst leadership reappointments

He will link private sector governance expertise with state financial oversight structure.

Industrial market splits as freehold prices rise, leasehold slips

Values climbed whilst deal flow weakened to lowest since 2020.

InCred bolsters Singapore platform with S Cube integration amidst GCC–India wealth push

This extends regulated investment reach across three financial hubs.

HSBC Singapore adds health perks for Premier clients via IHH, Raffles Medical

They will receive access to IHH’s Parkway Shenton app and Raffles Medical’s MediWellness facilities.

North Bridge Road commercial building up for sale at $70m

The six-storey property beside Raffles Hotel sits on a 999-year site and offers naming and signage rights.

NTT DATA, HTX partner to boost AI-driven public safety capabilities

The collaboration will focus on frontline response and digital forensics, among others.

Singapore firms modernise IT faster as AI adoption gains pace: PwC

Businesses are ahead of global peers in AI investment appetite and advanced AI use.

Daily Markets Briefing: STI up 0.07%; Top stock is Seatrium

Seatrium Limited is the top stock with a 5.38% increase.

Sun Life Singapore taps CapBridge to distribute indexed life cover to HNWIs

Premiums can be allocated between a fixed interest account and an indexed account.

Payment failures cost Singapore merchants $12b annually

APAC merchants lose an estimated $75b in transaction value due to payment inefficiencies.