News

UOB to issue $750m 3.58% perpetual capital securities

They will be issued under its US$15b global medium term note programme.

UOB to issue $750m 3.58% perpetual capital securities

They will be issued under its US$15b global medium term note programme.

SGX RegCo alters two voluntary delisting rules

Offerors and concert parties must abstain from voting on the delisting resolution.

Court convicts three individuals for insider trading

The individuals carried out a front-running arrangement over a seven-year period, resulting in profits of $8.07m.

Daily Markets Briefing: STI up 0.33%

Singtel led the gains after its stock grew 1.16%.

Chart of the Day: GCB sales crashed 45.3% to $211.9m in H2

Its median unit price also fell 25.8% to $1,166.

Pinterest opens Singapore office

This is its second office in the region after launching in Tokyo in 2013.

Condo rents up 1.9% in June

Rents in the CCR led the increase at 2.7%.

Binance and Vertex Ventures set up fiat-to-crypto platform

It will provide real-time, 24/7 SGD deposit and withdrawal functionality via the Singapore FAST electronic funds transfer system.

Residential project pipeline to boost construction industry 3.2% in 2019

Five more BTO projects are scheduled for launch by the end of the year.

Mapletree Industrial Trust to undertake largest redevelopment project for $263m

It will add a build-to-suit facility to its Kolam Ayer 2 Cluster for a global medical device firm.

How GoBear makes financial comparison easy for the everyday consumer

Its platform matches users with financial products, including insurance, credit cards, and trade financing.

Deliveroo opens Asia Pacific hub in Singapore to support regional operations

It currently has close to 20 employees that will work on tasks like cross-border partnerships and recruitment.

Five top-performing retail REITS averaged YTD total return of 31.5%

Lippo Malls Indonesia Retail Trust saw the highest total return of 37.2%.

Resale condo prices up 1.6% in June

The number of units resold crashed 41.8% YoY to 666.

CapitaLand secures $300m sustainability-linked loans

It will be used for green projects and general corporate purposes.