Markets & Investing
Bank loans to drop 5% in 2011
Bank loans to drop 5% in 2011
Domestic bank loans are expected to drop due to the high base and housing loan segment, OCBC said.
CapitaMalls Asia offers $200mln bonds
CapitaMalls Asia Limited is offering subscription up to $200 million in principal amount of 1-year bonds and 3-year bonds to the public in Singapore...
SGX commodities contracts up 33% in December
782 companies are listed on SGX Mainboard and Catalist with a combined market capitalisation of $902bln.
Asia Pacific loan volume grew 30% in 2010
2,690 deals were the first annual increase since a record 2,951 deals were completed in 2007.
Direct marketing giants merge to form Go/React
The single digital agency, Go/React is a combination of two companies - direct marketing consultancy, React, and direct marketing agency, Go Direct!
Singapore tops South East Asia ECM volume with US$10.5bln
SE Asia ECM volume increased 60% to US$35.2bln via 246 deals in 2010.
Global ECM drops 4% in 2010
Global ECM fell to US$873.4bln this year compared with US$907.5bln ni 2009.
Global M&A deals up, but nowhere near '07 high
Global merger-and-acquisition deal volume up 3% in 2010, hitting US$1.9 trillion in value, up 26% on 2009.
S-REIT sector gearing remains at 34.4%
Even after acquiring c$6bn of assets YTD, S-REIT sector gearing remains low.
Asia Pacific equities posted US$3.3 billion net inflows
75% of fund managers overweight on Asia Pacific ex Japan equities, up from 44% in 3Q10, according to HSBC Fund Managers' Survey.
Asia equity fund fees among worlds highest averaging 0.83 %
Global emerging markets equity remains the most traditionally expensive asset class category with median fees averaging 1.0%, up from 0.90% in 2008.
Office rents to increase by 10% in 2011
Investment activity in the Central Business District office market is likely to remain strong.
Singapore on par with Germany on merger and acquisition activity
Asia is emerging as the most favorable region for global M&A activity outside the traditional Western markets.
STI steeped in uncertainty due to China's reserve rate hike
OCBC said only a clear break of the 3200 mark on the upside may provide stronger cues to the market as any attempt from Wall Street may still...
GIC holdings for China International Capital Corp increased to 16.35%
Government of Singapore Investment Corporation became the second-biggest shareholder in CICC. According to OCBC, the holdings increased from 7.35%...
2010 IPOs to exceed US$300bln
Surpassing the 2007 record of US$295 billion, total global IPO proceeds for this year are backed by Asian issuers raising the most capital.
CapitaCommercial Trust's 31% gearing secures Baa1 rating
CCT's cash balance of $731m provides it with ample financial flexibility for future acquisitions.