Singapore

Digital Core REIT to sell three North American data centres

The company will redeploy funds towards its Singapore and Japan assets.

Big 3 banks face flat interest income in 2026 whilst fees and costs split

DBS and OCBC will deliver double-digit fee income and non-interest income growth.

Travel Guard shifts Singapore underwriting to Zurich

Existing customers will keep their original policy terms whilst gaining access to expanded emergency assistance.

Daily Markets Briefing: STI up 0.98%; Top stock is Yangzijiang Shipbuilding

Yangzijiang Shipbuilding is the top stock with a 10.95% increase.

Late-stage deals ease to 70.9% of July tech funding

Early-stage share climbs to 28.5% year-on-year as seed-funding triples.

Singapore holds 10th spot in global prime office cost ranking

CBD Grade A vacancy fell to 5.6% as expansion deals dominate global leasing activity.

MetaOptics withdraws Nasdaq listing application

The company said the withdrawal is a deferral, not a change in its US ambitions.

ShopBack and Visa expand tie-up to 20,000 Singapore physical stores

ShopBack said that it has rewarded over S$1b in cashback globally.

Concord New Energy forecasts up to 69% drop in H1 profit

The decline was attributed to lower power generation.

Eneco Energy buys warehouse amidst expansion bid

RichLand Logistics will consolidate storage and logistics under one facility.

JustCo cuts H1 loss to $1.02m

Cash EBITDA jumped 147% as revenue and free cash flow grew.

Aspial Lifestyle profit jumps 89% in H1 despite $5.2m hedging loss

Higher retail sales and lending revenue drove earnings growth.

GDP forecast raised to 4.5%-5.5% on global AI capex surge

Further acceleration in AI-related capital expenditure raises growth prospects.

Yeo’s H1 profit rises 12% amidst cost pressures

F&B revenue rose 9% to $152.7m across four markets.