Daily Briefing: SGX mulls over tie-ups with overseas bourses; 100,000 homes may rise along Kallang River

And here's why Singapore bank's stocks are safe right now.

From Bloomberg Markets: Singapore Exchange Ltd., which runs Southeast Asia’s largest stock and derivatives market, has in recent months held exploratory talks about possible tie-ups with overseas exchange operators, people familiar with the matter said. Discussions with parties including Nasdaq Inc. and CME Group Inc. have ranged from potential collaborations to the sale of a stake in the company or even a full merger, the people said, asking not to be identified as the details aren’t public.

From PropertyGuru: There is potential to develop another 100,000 residential units along both sides of the Kallang River over the next 20 years, revealed the Urban Redevelopment Authority (URA). The URA announced this following the launch of an exhibition on Wednesday (29 March), showcasing opportunities to rejuvenate the 10km-long river and surrounding areas. Dubbed “A River Runs Through It”, the exhibition is a call for public feedback and ideas on a preliminary conceptual plan to rejuvenate Singapore’s longest natural river.

From Motley Fool: Singapore’s three big banks are some of the largest listed companies in the local stock market. They are also financial institutions where many Singaporeans deposit money in and where many companies obtain financing from. They are safe because they have very robust leverage ratios. At the end of 2016, DBS, OCBC, and UOB have leverage ratios of just 10.8, 11.1, and 10.3, respectively.