Singapore
Daily Markets Briefing: STI up 0.34%
DBS led the gains amongst top active stocks with a 1.26% rise.
Strain on hiring to extend until end-2019: MAS
Wage growth is also likely to contract in the next two years.
Daily Briefing: KrisEnergy divests 30% stake in Indonesia O&G block; Reefknot makes maiden investment in AI-firm PROWLER.io
And India-based startup Livspace invests $40.82m to expand in Singapore and APAC.
Frasers Hospitality Trust's Q4 NPI up 2.3% to $30.03m
Thanks to improved portfolio performance.
Ascott REIT cancels $150m perpetual securities
Payment of the redemption price took effect on 29 October.
Job-hopping banking tech talents could command up to 15% raise
They are in hot demand as the city prepares to grant virtual bank licenses.
CDL Hospitality Trusts' NPI down 1.5% to $35.67m in Q3
It was hit by lower income in the Maldives and Japan markets.
Singaporeans' average binge-watch time beats global average
Singaporeans spend two hours and 58 minutes binge-watching, 18 minutes longer than the global average.
Ascott REIT's profits up 1% to $65.05m in Q3
This was due to lower revenue from the sale of Ascott Raffles Place Singapore.
Yanlord's UEL takeover at risk of tepid shareholder response
The offer price of $2.60 apiece is lower than the latter’s closing price of $2.62.
Raffles Medical Group profits down 15.8% to $13.64m in Q3
Gestation losses from Raffles Hospital Chongqing dragged down profits.
Chart of the Day: RCR condo prices up 6.3% in Q3
This was boosted by new launches and the government sharing plans for GSW.
Daily Markets Briefing: STI up 0.36%
SGX led the gains amongst top active stocks with a 2.37% rise.
Daily Briefing: Cost blamed for slow take-up of electric cars; Analytics startup Milieu Insight bags $3.27m pre-Series A funding
And fintech startup InstaReM rebrands to Nium.
CRCT's NPI up 11.9% to $41.1m in Q3
Portfolio-wide investments and better operational cash flows boosted income.
How GoBear expanded beyond financial comparison
It plans to enter partnerships to develop bespoke insurance solutions.
SATS and Sembcorp ink sustainable energy deal
Sembcorp will install and operate solar panels in several SATS premises.
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