Singapore

Private condo resales down 13.6% to 751 units in August

A unit at Le Nouvel Ardmore sold for $15.7m.

SPH sees $38.4m revaluation gain on UK student accommodation portfolio

Its portfolio has grown to $576.42m, made up of 5,059 beds across 10 cities.

S-REITs drew $311.7m net inflows in 8M19

Mapletree Commercial Trust registered an inflow of $45.8m.

GIC-led consortium invests $690.18m in retail company VCM

The consortium now holds a minority stake in VCM.

Chart of the Day: Check out the nine GCB sold in H1 2019

16 Jervois Hill at Chatsworth Park went for $30.9m.

Daily Markets Briefing: STI up 0.06%

Singtel led the gains amongst top active stocks with a 0.63% climb.

Condo sales hit 4,212 units in Q2

New sales volume may hit 8,000 to 10,000 units in 2019.

Keppel Pacific Oak US REIT to acquire Dallas office complex for $140.23m

One Twenty Five comprises two Class A buildings with a total space of 445,315 sqft.

STI kicks out Hutchison Port Holdings Trust

Its market cap plunged 84% since IPO to $1.93b.

For Singapore's Businesses Tomorrow, it's AI vs. AI

In 2017, famous physicist Stephen Hawking said that AI could be the last big event in human history unless we learn how to avoid the risks. Like him, I too am concerned about the risks of AI going awry and the dangers of it.

MAS and SAL trial programme linking payments firms and legal services

It provides payment firms access to lawyers specialising in payment services regulations.

Singapore is APAC's 2nd most popular travel destination in 2018

Overall expenditure climbed 2.5 times from $8.85b (US$6.4b) in 2009 to $22.95b in the same period.

Top 30 stocks by turnover outpaced STI in 8M19

These companies saw returns of 11.5% compared to the benchmark’s 4.8%.