News
Daily Markets Briefing: STI down 0.32%; Top stock is DFIRG USD
Daily Markets Briefing: STI down 0.32%; Top stock is DFIRG USD
DFIRG USD is the top stock with a 3.20% increase.
Economists split on MAS policy for early 2025 as October inflation eases
Headline and core inflation down 1.4%YoY and 2.1%, respectively.
Headline inflation falls to 1.4% as private transport and accommodation costs ease
Private transportation inflation's contraction widened to -2.5%.
WSH Council revokes SHARP award from recipient over undisclosed workplace injuries
The council also banned the company from participating in the WSH Awards for three years.
Which Singapore asset owners are in the top 100?
The world’s 100 largest asset owners hold a total of US$26.3t.
CDL posts mixed Q3 results with strong residential and office gains
Its total residential sales in Q3 soared 88% to $611.1m.
Singapore banks a ‘safe haven’ from US market volatility
UOB, OCBC, and DBS have low earnings downside risk and offer attractive dividends.
Gov’t launches PWD support in Tech4Good initiative
The programme will facilitate inclusive employment in the technology sector.
Paragon REIT divests 85% stake in Australian Mall for $168.3m
The divestment reflects a 5% premium over the independent valuation of $160.3m.
Condo resale prices dip 0.5% in October
However, resale volume increased by 8.1%.
Singapore Flyer operator Straco’s Q3 earnings plunges 28.6% YoY
The decline was mainly due to exchange losses from the weakening Renminbi.
MAS updates rules on life insurance product launches
The changes aim to ensure adequate regulatory oversight.
Uni-Asia posts positive cash inflow of $4.5m in 9M 2024
The group’s net operating cash inflows were $22.6m (US$16.8m).
Seatrium and Cochin Shipyard ink MoU for jack-up rigs solutions in India
The collaboration aims to capitalise on Mobile Offshore Drilling Units (MODUs).
Singapore earmarks $100m for green growth in marine and offshore energy
This will be rolled out over the next five years.
CLI to expand global footprint with new growth focus
The company aims to double its FUM and operation earnings.
Union Steel acquires 680M Eneco Energy shares for $7.48m
The company will explore potential cross-selling and cost mutualisation opportunities.
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