Markets & Investing
Chart of the Day: Top 5 FTSE China stocks hit average returns of 17.9% in January
Chart of the Day: Top 5 FTSE China stocks hit average returns of 17.9% in January
Water utilities firm SIIC environment recorded a 21.8% return in January YTD.
EDB eyes $8b-10b of fixed asset investments in Singapore for 2019
With these investments, Singapore wants to be a regional platform amidst global trade tensions.
SGX securities market turnover value declined 26% to $21.7b in January
Its securities daily average value fell 26% to $986m.
Zilingo clinches $307.1m in Series D funding
The funding round was led by Sequoia Capital, Temasek and the Singapore investment fund EDBI.
Hyflux extends deadline to file proofs of claim to 1 March
Parties are requested to set out all known obligations the scheme companies have towards them.
SGX rejects Nutryfarm International's 45% stake acquisition in First Linkage
The agency cited concerns about contractual workarounds to address foreign ownership restrictions.
Daily Briefing: 3,500 tenants bought first home with housing grant help; German online payments Wirecard AG refutes fraud allegations
And Singapore concerned with the collision of Malaysia’s vessel with a Greek carrier in Tuas.
Daily Briefing: SingPost fined $100,000 for service standards failure; AI music startup Musiio clinches $1.36m seed fund
And here's what's new with Oakwood's revamped booking system.
Chinese tech cities accounted for 36% of global VC investments in 2018: report
This translates to $74.8b of the $207.8b investment volumes.
Share buybacks crashed 51.11% to $26.4m in January
OCBC led the buying spree with $13.89m shares bought back.
China's outbound M&A likely to slide further in 2019
Regulatory scrutiny from US and Europe and tight funding conditions are to blame.
Hyflux creditors urged to file proof of claims by 15 February
Their proofs will be necessary for the basis to vote on scheme proposals and to get their payments.
Singapore's IPO market crashed 84% to $730m in 2018
This is significantly smaller compared to 2017’s $4.7b across 120 IPOs.
Daily Briefing: Lakeside Apartments' revived $205m en bloc price down 14.6%; Government to revamp Orchard Road as a lifestyle destination
And Temasek-owned Accuron Technologies spins out medtech business.
SGX mulls tougher auditing rules to intensify oversight
They propose to require a second auditor apart from the existing statutory for certain circumstances.
Keppel arm to sell 70% stake in Vietnam for $136m
The funds will be used to pursue other opportunities in Vietnam.
Daily Briefing: Hyflux assures investors of its commitment to ‘fair' restructuring plan; GBCI kicks off $135.25m smart city development fund
And newly-opened incubator Design Orchard features emerging local brands.