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.

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.