News

Chart of the Day: Singapore money supply jumped 5.3% in April

It grew thanks to higher net foreign position and private credit.

Chart of the Day: Singapore money supply jumped 5.3% in April

It grew thanks to higher net foreign position and private credit.

Singapore PMI down 0.2 point to 52.7 in May

The growth of factory output and new orders slowed down.

Two divestments to lift OCBC's earnings in 2018

It is finalising the sale of Great Eastern Life Malaysia and Hong Kong Life Insurance.

Hyflux in talks with lenders for reorganisation

It warned that it will have more debts that will fall due “time to time”.

Share buyback value jumped 138.76% to $117m in May

20 stocks bought back a total of 45 million shares.

ARA Asset Management's assets jumped 93% after Cromwell acquisition

It now owns 19.5% of the Australian company's shares.

Sembcorp braces for 8% profit jump after UK Power Reserve buy

The energy generator plans to grow its battery capacity over 32 locations in the UK.

Spanish Village in Farrer Road up for en bloc sale at $882m

The 7.6-acre residential land houses 226 apartments.

Home buyers ditched costly units during weekend launches

Only one out of four launched projects this weekend, 120 Grange, sold over 50% of its units.

Chart of the Day: Qoo10 beats Amazon and Apple in Singapore's e-commerce market

It ate up 32.6% of market share, compared to Amazon and Apple's 11.5% and 11%.

Singapore crypto startup gets $16.46b for blockchain tech

The platform FUSION allows companies to tap into a global network and interact with other cryptocurrencies.

Oxley rallies to be Singapore's largest home vendor

It accumulated 4,000 units worth $5b, beating City Developments' house stock.

Services sector could shy away from giving $300 bonuses: economist

Companies that had improved productivity were urged to give $300-$600 bonuses.

Singapore 'incurs costs' over uncleared cancellation of HSR project: Transport minister

Singapore awaits Malaysia's clarification regarding its decision to drop the project.

34-minute blackout hits Singapore CBD

Around 3,156 customers were affected.