Markets & Investing
Singapore dominates Southeast Asia tech funding
Singapore dominates Southeast Asia tech funding
The city accounted for 68% of total funds raised in SEA in H1 2024.
Carro secures $75m multi-currency loan from HSBC
The loan will boost the company’s liquidity.
Daily Markets Briefing: STI up 0.07%; Jardine Cycle & Carriage is top stock
Jardine Cycle & Carriage posted a 1.53% growth.
Sabana Industrial REIT launches $100m sustainability bonds
The bonds have a coupon rate of 4.15%.
Singapore's YoY investment volume plunges 34.7% in Q1
The commercial sector is seeing the biggest decline.
Kuok Khoon Hong raises stake in Wilmar International to 14.1%
Kuok currently holds 880.1 million shares in Wilmar.
85 Singaporean companies included in Fortune’s SEA 500 rankings
Trafigura, Wilmar, Olam, Flex, and DBS all made it into the top 10.
Sabana REIT refutes claims bond issuance affects its internalisation process
Quarz Capital Asia alleged the bond issuance may jeopardise Sabana Industrial REIT financially.
Starhill Global REIT secures extended credit facility agreement
The facility was previously for three years.
Trafigura agrees to pay $55m to settle CFTC charges
The agreement neither admitted nor denied the CFTC’s findings.
CCCS seeks public feedback on Esteel's partial stake acquisition in HG Metal
The deal will give Esteel a 29% stake in HG Metal.
Singapore stocks book $1b in net retail inflow so far this year
Capital flight from banks was more than offset by large net buying in other stocks.
For higher success with startups, bring independent directors on board
Startups are vital engines of innovation and value creation, holding the promise to revolutionise markets. But they face daunting odds, and the low...
Jardine Matheson buys more shares in Jardine Cycle & Carriage
It acquired 444,900 shares at $27.0006 apiece.
Survey shows Singapore’s wealth management industry is embracing the digital age
40% of respondents under 35 even tapped robo-advisory services.
ValueMax to raise up to $25m from latest issuance
It offers an annual interest rate of 4.95%.