Markets & Investing
Director fined $57,000 for 38 Companies Act charges
He failed to hold the annual general meeting and file annual returns for 19 firms.
SGX to expand clearing houses' management powers during defaults
It wants to auction clearing members’ positions in derivatives if they ever default.
Singtel arm to buy assets from US advertising firm for US$101m
The deal includes Videology’s tech platform, intellectual property, and assets around US$5.3m.
Singapore asset management firm Golden Equator Capital co-leads $120m funding for SEA tech companies
A proportion of the fund is reserved for Korean firms looking for SEA expansion via Singapore.
Daily Briefing: GIC annual returns slipped to 3.4% from 3.7% in 2017; Airbnb hopes for ‘fair and progressive' policies on short-term stays in Singapore
And Hongkong Land yielded US$988.4m from investments properties in 2017.
$17m of Xiaomi warrants traded at launch
Call warrant MPAW at HK$20 was the most traded for the week.
GIC lauds China and India as growing areas of tech investment
Emerging markets are leapfrogging due to openness and less mature industries.
GIC's annualised returns beat global inflation by 3.4%
The state investor expressed volatility concerns for the year ahead.
Daily Briefing: Professional conversion programmes reached to over 25,000 job seekers in 2017; Grab faces probe in Malaysia over Grab-Uber merger 'monopoly'
And a Singapore-based robo-advisory start-up Bambu secured US$3m in fresh funding.
SGX welcomes Hong Kong brokerage firm to securities market
Futu Securities is a startup brokerage with Chinese investors.
Oxley deputy CEO buys $873,000 of company shares
He now holds 27.69% of the firm's ordinary voting shares.
3 in 5 Singapore entrepreneurs open to selling their businesses
1 in 5 will exit as soon as an opportunity knocks.
Temasek focused on tech, life sciences, and agribusiness for new investments in 2018
They comprised 26% of its total portfolio value.
New SGX feature to lower costs for bilateral trades
The SGX FlexC FX Futures will be launching on 27 August.
Daily Briefing: Temasek eyes slower investments amidst trade tension; Grab CEO says competition stays alive in Singapore transport
And Dairy Farm's sales slipped 3% in 2017 despite launching 309 new stores.
Chart of the Day: See how Temasek handled its debt in the last 4 years
2018 marked its 11th year ending in a net cash position.