Singapore
GIC snaps up 95% stake in 60 Wall St.
The building is the US HQ of Deutsche Bank.
Bumitama Agri's crude palm oil production up 11.1% in Q4
But CPO production for the whole year saw a 5.6% decline.
M1's net profit down 27.1% to $31.8m in Q4
Blame the OTT services.
Why Datacloud was brought to Singapore
It will be in Capella Hotel on Sentosa Island.
Singapore to pursue other free trade initiatives as TPP collapses
MTI will discuss the way forward with other TPP partners.
Ascott Residence Trust mulls over selling Japan, China properties
It's looking at more funding options.
On Trump, free trade, and the end of TPP
On 20 January 2017 Mr Donald J. Trump sworn in as the 45th President of the United States of America, and as part of his “100-day action plan to Make America Great Again” on 23 January 2017 signed the executive order to withdraw the USA from the TPP, the Trans Pacific Partnership free trade agreement between 12 Asia-Pacific countries including four within the ASEAN marketplace (Singapore, Malaysia, Vietnam, and Brunei). It reconfirmed Trump’s position well expressed during his presidential campaign and remarked his intent to withdraw from the TPP “from day one,” calling it “a potential disaster for our country” and continued by adding that instead he would negotiate “fair bilateral trade deals that bring jobs and industry back”.
Why Singapore's shares could benefit from Trump – in 2019
If history is any guide, under US President Donald Trump, Singapore’s stock market won’t post returns worth writing home about… until 2019. But: given the unpredictability of Trump so far, history may not be prologue at all.
Guess which sector will remain a drag on Singapore banks' asset quality in 2017
Loans to this sector comprise 1-3% of the banks' gross loans.
Who will be this year's outstanding international companies in Singapore?
Entries are now being accepted.
Chart of the Day: Singapore banks' NPL ratios higher than their global peers'
OCBC has the highest proportion of overseas NPLs.
Daily Briefing: Singapore homes now less costly; 3 danger signs for property market
And here's what you don't know about Joint Singles Scheme.
Daily Markets Briefing: STI up 0.54%
Can the index sustain this?
Singapore Airlines named Seah Lim Huat as chairman
He succeeded Stephen Lee.
Brook Crompton Holdings appointed Pang Xinyuan as director
He is CEO for Wolong Electric Group.
Frasers Centrepoint Asset Management (Commercial) named Lam Juck Ngai as CEO
He succeeded Low Chee Wah.