Singapore

Perennial unit sold 45% stake in YIS to Yanlord Commercial for $202.68m

The proceeds will be used for corporate and general working capital.

SGX profits up 25.4% to $114.22m in Q1

Equities revenues took up nearly 70% of its total revenue, rising 14% YoY.

Utico and Hyflux agree to cap advisor fees at $40m

The UAE company also threatens to cut its investment to $200m if a deal has not sealed in time.

Chart of the Day: Industrial investment sales up 12% to $681m in Q3

This was driven by Keppel DC REIT’s acquisition of two data centres.

Daily Markets Briefing: STI up 0.78%

Keppel Corp led the gains amongst top active stocks with a 2.23% rise.

Property investments jumped 45.6% to $10.67b in Q3

The commercial sector boosted the figure thanks to strong liquidity and a low interest rate environment.

Home, office property transactions up 90% in Q3

GuocoLand’s $800m home buy boosted figures.

Keppel O&M's tech arm to co-develop driverless tugboat

This will enable AV operations in Singapore by end-2020.

Retail workers expect highest pay bumps when switching jobs: survey

They expect pay bumps of at least 26.6%, higher than the average 22%.

SPH looks to property assets to buoy revenues

It is hunting for purpose-built student accommodation assets.

Nearly 4 in 5 Asian retailers have turned to tech tie-ups

Half of retailers admit that their digital investments are influenced by their competitors.

Suburban malls to drive FCT's resilience amidst slowing retail market

It has delivered positive DPU growth every year since its listing in July 2006.

Delayed Bharti profitability to hit Singtel's 2020 earnings

The telco’s earnings are tipped to decline 10% in 2020.

1.4 million Singaporeans to get Bicentennial Bonus benefits in November

This follows the top-ups to Edusave accounts and PSEA in June.