Markets & Investing

CitySpring’s earnings up by 33% YoY to $70.6m

CitySpring’s earnings up by 33% YoY to $70.6m

Though profit remains strong, the Group still has a $270 million loan with DBS Bank, says a report.

SGX to add metal product offerings

The bourse is said to be hoping to take advantage of the global regulatory move to push as many over-the-counter derivatives through central clearing...

Investors’ questions to Profitable Plots directors go unanswered

SIAS has taken up the fight on behalf of investors, but so far the directors of this failed investment scheme are refusing to talk to them.

Noble to maintain its impressive growth momentum: Kim Eng Research

They’re looking at 25% compound annual growth rate for the next three years.

We expect the downward pressure to continue: Kim Eng Research

They say the Singapore market is likely to take the lead from regional ones.

Top picks are retail and hospitality REITs: DMG & Partners Research

Retail REIT with prime suburban exposure is favoured due to strong positive rental reversion.

Shares feared to fall

This after US equity markets ended lower overnight.

CIMB strategist says Q1 earnings "lousy"

Their view is there are too many disappointments and too little earnings growth and thats why they have moved the STI from overweight to neutral.

Digging overseas: Temasek grabs stake deal with Canadian miner

Subsidiary Ellington Investments closed the $510 million exchange with Inmet Mining to give the state investor approximately 11 percent stake.

Government urge SMEs to participate in productivity drive

SMEs play a critical role in Singapore's economy, said Gan Kim Yong, Minister of Manpower.

Singapore remains threat to Hong Kong in fund management

Assets under management by fund managers in Singapore have reached new high of $1.4 trillion.

Moody’s retains SingTel’s Aa2 rating for 2010

The telco’s financial metrics and liquidity profile remain robust and continue to leave its standalone rating well positioned at the single A range.

SGX to add 8 new ADRs

All the ADRs are fungible with those listed in the US and allow investors, for the first time, to manage their exposure to these companies round-the...

Maybank acquires stake in Kim Eng

Mayban IB, formerly known as Aseam Credit, announced the completion of the acquisition for 44.63% of the issued share capital of Kim Eng.

SGX tightens spreads to boost traders cost efficiency

It wants to attract high-frequency traders in order to increase trading liquidity on its equities market, said Kim Eng Securities.

GIC annual return at par with global equities return of 10.2%

This is the annual return over the past 30 years since 1981, said GIC Chairman Lee Kuan Yew.

SGX derivatives market to add rubber futures

From 16 May, rubber futures will be added to the commodities suite with the migration of SICOM rubber contracts onto the SGX trading platform.