Singapore

Daily Markets Briefing: STI down 0.07%

Wall Street's gains despite the new tariffs could uplift the local bourse today.

Daily Markets Briefing: STI down 0.07%

Wall Street's gains despite the new tariffs could uplift the local bourse today.

Resale market bears brunt of property curbs as resold condo units crashed 35.3% in August

Resale condo prices also witnessed the highest decline at 1.6% in August.

147,000 customers hit by blackout across 19 areas

Power was fully restored after 38 minutes.

HSBC steps up Singapore and Hong Kong hiring to cash in on Asian goldmine

The bank is planning to add over 1,300 positions by 2022.

OUE Lippo Healthcare to buy stakes in First REIT for $142m

They will issue 2.22 billion new shares to raise $150m for the project's funding.

Engineering firm Sapphire bags $87m contract to build China subway

It will build one subway station and two intervals in Hangzhou.

Muted growth could threaten exports amidst dull electronics segment: analyst

It could look to increase production of the popular radio frequency silicon-on-insulator (RF-SOI) chips.

Slower take-up rates could hurt property stocks' performance

The outperformance of property stocks historically showed the highest correlation to take-up rates.

The Asian Export Awards 2018 welcomes MICCI as partner

MICCI intends to be the premier advocate for the business community in Malaysia.

SGX leads US$44.4m funding round for online freight marketplace

It has helped Freightos to raise a total of US$94.4m.

Ascott buys stake at Indonesian hotel operator for $35.71m

It will get a boost of close to 20,000 units from 122 hotels.

SIA passenger load factor rose 4.4 ppt to 84.8% in August

The stronger returning traffic amidst the summer holidays improved PLF.

Sembcorp clinches 20-year solar power deal for Facebook's Singapore operations

They will install close to 900 solar panels in Singapore rooftops from 2018 to 2020.

CapitaLand buys 16 US properties for $1.14b

The 3,787 apartment units have an average occupancy rate of over 90%.

Laguna Park up for en bloc sale at $1.48b

It can be redeveloped to about 2,487 units.

Mortgage growth for DBS could stay healthy despite property curbs

And its net interest margin could get a boost by a hike in the US federal funds rate.