News

Defaults and bankruptcies threaten shipping industry

Credit risks are rising fast as maritime services slow to a crawl in 2012, says DBS Vickers.

Defaults and bankruptcies threaten shipping industry

Credit risks are rising fast as maritime services slow to a crawl in 2012, says DBS Vickers.

Singapore trader deserved to be fired: RBS

RBS said the trader, who sought to manipulate London interbank offered rates, was guilty of gross misconduct.

What does 2012 hold for CapitaCommercial Trust?

CCT can limit a downside leasing risk as only 7.9% of its office leases by portfolio gross rental income is due for renewal.

Standing tall: Keppel Land beats 2010 profits

2011 performance was even better as net profit expanded nearly 30% to $1.37 billion.

Keppel Land finally penetrates Beijing commercial space

Developer purchases its first ever commercial development in the capital's business district.

Tenants, where art thou?

Occupancy rate in the Raffles Place/New Downtown micro-market plunged below 90% for the first time since 2005.

CBD Grade A office rents fall 1.6%

The average rent was at S$8.93 per sq ft per month in the fourth quarter of 2011.

Tender alert: Government releases two residential sites

The sites at Hillview Avenue and Upper Serangoon View/Upper Serangoon Road are estimated to yield 805 housing units.

Financial constraints to hurt trade finance in 2012

The good news is, in Asia the outlook is not as gloomy as in the Euro area.

SPH mall binge a long-term gamble

The embattled publisher is aggressively diversifying into retail spaces but DBS sounds a note of caution.

EDB bullish on foreign investments in Singapore in 2012

It forecasts investments into the country to amount to a whopping S$13 -15 billion this year.

Sembcorp Marine: We’re not bidding for STX OSV stake

The company issued a clarification statement in response to a media report.

Singapore Press Holdings downgraded by JP Morgan

So what made the brokerage change the rating from overweight to neutral?

CapitaMall Trust net property income up 4.8%

It achieved NPI of S$418.2m for the whole of 2011.

Would lower pay still equate to good ministers?

The Prime Minister doesn’t think so, and he isn’t shy to say it.

NODX surge may fizzle fast: HSBC

Non-oil domestic exports grew 9.0% yoy in December but a sustained performance is doubtful.

56% of employers won’t be hiring in 1Q12

Except for healthcare, all sectors reported lower hiring expectations than last year.