Singapore

Daily Briefing: SGX expands stock research unit; Singapore to add 50,000 biking spaces by 2020

And a startup working on a crop of robotic financial advisors just received US$5.3m.

Daily Briefing: SGX expands stock research unit; Singapore to add 50,000 biking spaces by 2020

And a startup working on a crop of robotic financial advisors just received US$5.3m.

Daily Markets Briefing: STI down 0.06%

Don't expect gains today as investors weigh the implications of Fed announcements.

Chart of the day: Equity offerings hit 5-year high at US$1.5b

This was driven by follow-on offerings which soared 133.4% to US$1.2b.

ST Engineering joins airport development consortium

It inked a deal with Surbana Jurong and Changi Airport Planners and Engineers to collaborate on future projects.

BreadTalk could spend $200m on its return to expansion phase

It wants to lift its net margin from 3% by expanding and partnering with other firms.

The Tapestry selling price could reach $1,250 psf

Analysts have high expectations as it is near Tampines projects with prices that breached $1,102 psf.

Investors await right time to grab profits in property market

Analysts said investors can bank on returning foreigner demand, which was seen in 60% of New Futura's sales so far.

Sasseur REIT launches IPO for $396m

Twelve cornerstone investors, including JD.com’s subsidiary, have committed to subscribe to 46.1% of the proceeds.

Richard Elman's resignation ‘a new dawn' for Noble: Goldilocks

The fund said there’s a chance to renew the board to protect stakeholders’ interests.

SMRT-backed startup eyes merging transport options in one app

Travel options range from e-scooters to driverless electric-driven pods that can connect commuters to trains.

M&A likely for China Aviation Oil and Shanghai associate

CAO’s equity stake in SPIA could be worth US$995m as compared to its current market cap of US$1.01b.

Is the worst over for Singapore's taxi businesses?

The average mileage travelled by two-shift taxis has been growing again for five months.

KPMG in Singapore buys Rainmaker Labs

It aims to offer clients a mobile-first, end-to-end suite of solutions for firms’ digital development.

Noble founder Richard Elman resigns

This follows top shareholder Goldilocks filing a lawsuit against him and the company.

Daily Markets Briefing: STI down 0.43%

Expect some gains today, but remain cautious as investors await Fed announcements.

Power retailers may default amidst heated bout in Singapore's open energy market

Companies are coming up with competitive energy packages, but analysts are wary if they can deliver.