Markets & Investing

Investors increase exposure to Tesla, Pfizer as IMX rises in February

They were net sellers of Netflix as the firm faces price cuts in some markets.

Yangzijiang Financial dives into Asia private credit assets

The company partnered with Tahan Capital Management for its new business.

COTD: SG takes lion's share of equity funding in SEA

In 2022, Singapore’s deal value hit $10.99b.

Can Singapore’s private capital market sail through rough global waters?

In 2022, venture capital funding in the city-state fell further to US$10.99b.

Gov't revamps GIP to benefit local start-ups

The changes will support Singapore’s start-up and financial ecosystem.

‘Stand-off’ between VCs and entrepreneurs pushes funding volumes down

In the fourth quarter of 2022, VC investment dropped to $22.6b.

Oil and gas and utilities only sectors that closed positive in stock market

Amongst top performers are Keppel Corporation and Genting Singapore.

Jardine C&C’s net profit rises 12% YoY to US$740m in FY22

Given the increase, the board proposed a 39% YoY higher dividend per share.

UOL net profit surges 60% YoY to $491.9m in 2022

Its revenue also increased by 28% to $3.2b.

Olam Group PATMI down 8.3% YoY to $629.1m in 2022

Its PATMI for H2 FY2022 declines by 24.5% YoY to $200m.

Broker: Sembcorp Industries has ‘buy’ rating over manageable debt levels

Sembcorp Industries will also see a growth of mergers and acquisitions activity in 2023.

CapitaLand Investment launches opportunistic partners programme in China

A total of $1.1b equity has been committed to the programme.

2Y SGS bond ‘attractive enough’ to draw demand: UOB

The June 25 bond was first issued in 2015 but was retapped.