Markets & Investing
Prime US REIT distributable income slips 1.3% YoY in H1, remains stable
                                                                                 
                    
                    Prime said its gross revenue and net property income also remained stable.
                
                                
            Prime US REIT distributable income slips 1.3% YoY in H1, remains stable
                                                                                                                 
                            
                            Prime said its gross revenue and net property income also remained stable.
                        
                                                
                        
    
                    OUE Limited's profit attributable to shareholders rose to S$30.1m H1
                                                                                                 
                        
                        Its revenues, however, declined 49.5% to S$152. 
                    
                                        
                    
                Are next-gen Singaporeans keen on investing?
                                                                                                 
                        
                        One in two among people aged 18 to 35 said it is important to invest early.
                    
                                        
                    
                CDLHT’s NPI increases 24.4% to S$37m in H1
                                                                                                 
                        
                        The group’s revenue also rose 27.2% to S$66.2m. 
                    
                                        
                    
                Ascendas Reit net property income rose 14.8% YoY to S$445.6m in H1
                                                                                                 
                        
                        Its gross revenue also rose 12.4% to S$586m.
                    
                                        
                    
                Sembcorp sees positive net profit in H1 despite impairment in Chongqing power plant
                                                                                                 
                        
                        It will release its unaudited financial results on 6 August.
                    
                                        
                    
                JC&C underlying profit more than doubles to US$346m YoY in H1
                                                                                                 
                        
                        This comes from an underlying profit of US%138m from last year.
                    
                                        
                    
                Daily briefing: SG banks stocks climb after eased dividend restrictions; Hospitals may be filled if COVID cases increase 'uncontrollably'
                                                                                                 
                        
                        And TotalEnergies buys BlueSG EV charging network. 
                    
                                        
                    
                S$216m funds raised for startups: EDBI, SEEDS Capital
                                                                                                 
                        
                        This is under the Special Situation Fund for Startups investment scheme. 
                    
                                        
                    
                Keppel divests 100% equity interest in Chengdu Shengshi Jingwei Real Estate
                                                                                                 
                        
                        The sale is worth RMB1,561m (S$324m). 
                    
                                        
                    
                FLCT issues S$150m sustainability notes
                                                                                                 
                        
                        The seven-year notes will mature in 2028.
                    
                                        
                    
                Daily briefing: SG stocks outperform peers in region amidst pandemic: HSBC; Dream Cruises return to port as passenger contracts COVID-19
                                                                                                 
                        
                        And COVID-19 cases spike after KTV outbreak. 
                    
                                        
                    
                Temasek breaks record with net portfolio value of $381b
                                                                                                 
                        
                        The state investor divested $39b and invested $49b in the financial year ending 31 March 2021.
                    
                                        
                    
                Sustainable stocks outperformed during pandemic
                                                                                                 
                        
                        Nearly a third of STI stocks announced strategy changes that focus on sustainability and governance.
                    
                                        
                    
                7 in 10 capital market firms to focus on risk management: survey
                                                                                                 
                        
                        37% of firms said they identified new demands on risk management.
                    
                                        
                    
                Market Update: STI up 0.72%
                                                                                                 
                        
                        Only two stocks posted losses on 9 July, Friday. 
                    
                                        
                    
                Keppel divests of German data centre
                                                                                                 
                        
                        Its completion is expected to take place in the third quarter of this year.