News
Tourist arrivals and spending dropped 6% in Q2: STB
Tourist shopping was hardest hit.
Private home sales plunged 52% in the first three quarters of 2014
Only 648 homes were sold last month.
Singapore’s motor vehicle sales almost doubled in August
Retail sales increased 5.4%.
Ultra-rich buyers scouting for cheap luxury units as sellers’ fatigue sets in
Sellers are now more than willing to negotiate.
Singapore’s S&P 500 Index declined 5.3% in October
As the Straits Times Index maintained a total return of 3.5%.
FTSE ST Mid Cap Index down 2.4% in October
Find out the top 5 defensive performers.
Hotel Properties boosts ageing portfolio with $225.25m purchase of London freehold property
The purchase will be completed by the end of the year.
Olam’s revenue down 30.5% in its seasonally weakest quarter yet
At 10% of its full-year core net profit.
Poor coal prices drag Noble’s energy division down 10% in 3Q14
Amidst growth in the firm’s agri department.
SingPost to develop $182m eCommerce logistics hub in Tampines
It will be fully operational by 2016.
Wilmar to double profits to $446.7m as sugar-crushing season begins
Its soybean division will also experience a rebound.
Chart of the Day: Discover the three sources of Singapore’s slow economic growth
They are all keeping the economy at sub-1% GDP growth.
Daily Briefing: NTU researchers develop fastest charging battery yet; HDB blocks in Ang Mo Kio to use solar panels
And Singapore veteran footballer slams Sports Hub.
Daily Markets Briefing: STI down 0.2%
Discover the top performing stocks.
Risks to intensify for some SREITs under new MAS rules: Fitch
The sector will have higher leverage and earnings volatility.
What should investors expect from Singapore REITs as Q3 results roll in?
It’s still premature to turn positive on developer stocks.
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