Singapore

Singtel's Optus poised to benefit from rival Telstra's outages

Telstra suffered from 3 mobile network outages after a software fault.

SATS Q4 profits down 1.8% to $65.4m

Earnings and revenue were hit by the deconsolidation of SATS HK after the sale of its 51% stake.

SGX bows out of India futures launch amidst lawsuit

It will wait for the results of the lawsuit, which is headed into arbitration.

Chart of the Day: Banks bear the burden of growing credit card debt

Bad credit card debt that was "written-off" jumped 16% to $20.74m in March.

Plantation firms' Q1 profits hit by lower crude palm oil and FFB output

Production of fresh fruit bunches ranged from -2% to -35% for most companies.

Over 2.8 million sqft of retail space is up for grabs

Expect the completion of the Paya Lebar Quarter Mall, which is already 40% pre-leased.

Stores turn to pop ups to survive amidst exits in the retail sector

Gap, Banana Republic, and American Eagle Outfitters recently shut down their stores in Central, whilst Chanel, MiuMiu and Fendi put up their pop up stores earlier this year.

High Court to hear Hyflux's reorganisation on 19 June

Five of its subsidiaries have applied to realign their businesses.

Singapore rallied to 5th spot in world's most liveable cities

Its ranking was boosted by strong economics and governance.

Malaysia has yet to formalise rejection of high-speed rail project

The Singapore government has not yet received any notification from Malaysia.

Weak outlook in China could hit Keppel's strongest unit

Property launches have been pushed into 2020, lifting earnings from China by 30%.

MAS to require investors to log stock short sales

They need to be reported through an online portal.