Singapore

Sotheby breaks 15-year hiatus in SG with $24.5m sale

Tierfable (Animal fable) by Spies was the top-selling piece during the live auction, selling for $4m.

Sotheby breaks 15-year hiatus in SG with $24.5m sale

Tierfable (Animal fable) by Spies was the top-selling piece during the live auction, selling for $4m.

Earnings of prime retail malls will take longer to reach 2019 levels: Fitch

An example of these malls are those owned by Starhill Global Reit.

Chart of the day: Leasing volume of private residential units continues QoQ plunges

The contraction, however, was not due to slow demand but limited completions.

Market update: STI down 0.43%

City Developments Limited led the index.

CIMB Singapore raises deposit interest rate tenfold to up to 2% annually

StarSaver savings account holders can enjoy the new rate without any deposit caps.

Weak share price for ST Engineering shows buying opportunity: report

ST Engineering is still resilient due to global aviation traffic.

MAS tacks $375k fine on UOB Kay Hian

The fine is for breaches in business conduct and anti-money laundering rules.

Two-thirds of businesses involved in corporate giving: Wong

This will build trust and unity in the society.

Crypto remains popular amongst Singaporeans post-crash: research

More than five in 10 have invested in crypto in the last two years.

Some F&B operators, retailers unfazed by rising rents: Savills

It sees retail rents in Prime Orchard up by 3% year-on-year.

Chart of the day: 2 in 5 adults uncomfortable not wearing masks in indoor spaces

They are the most uncomfortable not wearing a mask in private transport modes.

Market update: STI up 0.19%

Jardine Matheson led the index.

Standard Chartered, FairPrice-backed Trust Bank launches in Singapore

A total of S$400m was invested by its shareholders, the neobank said.