Markets & Investing
Top five reasons why affluent Singaporeans invest
Additional income (44%) is the number one reason why rich Singaporeans invest.
Top five reasons why affluent Singaporeans invest
Additional income (44%) is the number one reason why rich Singaporeans invest.
SG’s outbound investment drops 36.4% QoQ in 3Q23
Year-on-year, outbound investment declined 62%.
Property investment market activity to remain muted for the rest of 2023
Knight Frank expects total investment sales for 2023 to reach around $18b-$20b.
UOB joins LCH SwapClear and ForexClear as as direct clearing member
UOB is the first SEA bank to join ForexClear as a direct member.
True Light announces closure of its fund at $4.5b
The fund will support True Light and Temasek’s joint investment projects.
Singapore leads SEA cities with top tech funding in 3Q23
The city raised US$318m in funding.
SG emerges as the world’s leading source of capital investment
The country’s cross-border capital investment reached US$21.8b in 1H23.
DPM Lawrence Wong named deputy chairman of GIC
He has served as GIC director since 1 November 2018.
Competition commission greenlights Fujifilm-CMC Materials KMG Corporation merger
The commission cited four reasons for its financial assessment.
CapitaLand divests four properties in France for $64.7m
The divestment is part of CLAS’ ongoing efforts to enhance its portfolio.
Frasers Centrepoint Trust sells 143.89 million shares in Hektar REIT for $37.4m
Following completion, FCT will only hold 2.12% of total units in the REIT.
For elusive crypto clarity, the world turns to Singapore
Last year, the collapse of Three Arrows Capital unfairly tainted Singapore’s reputation, among some casual observers, when news outlets across the...
EC World REIT releases $2.1m from reserve to repay onshore interest
The REIT has fully repaired its onshore interest expenses due 20 September.
SGX regulatory body seeks public consultation on changes in trading rules
All comments from the public must be made on 11 October 2023.
Daily Markets Briefing: STI down 0.53%; Emperador is top stock
Emperador posted a 1.96% increase.
CLI’s core-plus private fund acquires logistics property in S.Korea for $112m
The acquisition brings the fund’s FUM to over $1b.