Singapore

SIC alters takeover rules for dual class share firms

It wants to add relief for shareholders required to make general offers.

SIC alters takeover rules for dual class share firms

It wants to add relief for shareholders required to make general offers.

Ascott serviced residences could bolster CapitaLand Ascott's fee income by 50%

The 75,000-unit serviced residence has 31,500 units in the pipeline.

Hotel arm could buoy CityDev amidst property curb

Its UK, China, and US portfolios are safe from the cooling measures.

Chart of the Day: Singapore labour market pressure down in 2017

This also reflected in the total unemployment rate, which fell from about 2.2% in H1 to 2.1% in H2.

Daily Markets Briefing: STI up 0.62%

Wall Street's weakness amidst trade tension woes could hurt gains today.

Singapore banks turn to China's wealthy to offset slumping stock markets

Some banks are looking to establish family offices to serve Chinese entrepreneurs; as a sizeable proportion will look to transfer their wealth to the next generation within the next five to ten years.

LTA slams SMRT with $1.9m fine for fatal incidents in 2016 and 2017

Probes showed failure to follow operating procedures, resulting in two trainee deaths.

Keppel O&M wins contracts worth $70m

They will focus on vessels in Brazil and Singapore.

ST Engineering's electronics arm bagged contracts worth $764m in Q2

Major projects covered mobility, satellite comms, and IoT.

Sembcorp Marine sank into $55.62m loss in Q2

It blamed loss upon the sale of a semi-submersible.

UOB raises One Account deposit rates by 0.55%

Millennial account holders, with average balances of $34,000, will benefit most.

Embattled Hyflux struggles with restructuring plan

The only concrete news is the 16% staff reduction.

Property curbs leave Keppel untouched in H1 2018

Singapore and China property trading gains even partially backed the 214% net profit jump to $603m.