Singapore shares close 0.1% higher on Thursday

SINGAPORE stocks ended marginally higher on Thursday, with the Straits Times Index advancing 3.86 points, or 0.1 per cent to 3,180.43. 

Broker's take: OCBC upgrades OUE H-Trust to 'buy'

CITING that OUE Hospitality Trust's (H-Trust) is "too cheap to ignore", OCBC Investment Research has upgraded its rating on the counter from "hold" to "buy", while maintaining its fair value estimate of S$0.79. ...

Superboom Projects maps 'condotel' plan in Bintan

IMAGINE living in a hotel suite surrounded by nature while on a quick break from work, or retiring in a home by a pristine waterfront just an hour away from Singapore by ferry.

Singapore stocks: STI resumes Wednesday afternoon trading higher at 3,159.67, up 0.6% on day

SINGAPORE stocks resumed trading on Wednesday afternoon in positive territory, with the Straits Times Index advancing 20.33 points, or 0.6 per cent to 3,159.67 as at 1.01pm. 
STOCKS

Markets shrug off new round of US tariffs

US President Donald Trump raised a ruckus by thumping China with yet another round of tariffs, but most Asian markets merely yawned by the closing bell on Tuesday.

Singapore shares close 0.1% lower on Tuesday

SINGAPORE stocks inched slightly lower on Tuesday, with the Straits Times Index dropping 2.06 points, or 0.1 per cent, to 3,139.34. 
TOPLINE

The resilience of outlet malls in China

ONLINE shopping may be changing the physical retail landscape and affecting traditional mall operators. But one segment of the industry seems to remain unfazed - outlet malls.

ST Engg to buy General Electric unit for US$630m

MAINBOARD-listed Singapore Technologies Engineering (ST Engineering) has agreed to acquire General Electric's MRA Systems LLC (MRAS) - in what will be its largest takeover to date - for some US$630 million...

ST Engineering unit to acquire GE's aircraft part manufacturer for US$630m

MAINBOARD-listed Singapore Technologies Engineering (ST Engineering) has agreed to acquire General Electric's MRA Systems, LLC (MRAS) in a deal that values the company at some US$630 million, the group announced on Thursday evening after market close. ...

APAC Realty to enter Hainan property market with 40% stake in JV

APAC Realty, which operates a real estate brokerage under the ERA brand, has entered into a joint venture (JV) agreement with two Chinese firms in a bid to penetrate the China market.

APAC Realty to enter Hainan property market with 40% joint venture

APAC Realty, which operates a real estate brokerage under the ERA brand, has entered into a joint venture (JV) agreement with two Chinese firms in a bid to penetrate the China market.

UOB, Synagie tie up to help SMEs manage online sales channels

UNITED Overseas Bank (UOB) is giving its small and medium-sized enterprise (SME) clients preferential access to the e-commerce solutions of newly listed Synagie Corp in a partnership between the two companies.

Singapore shares open higher on Wednesday, STI up 0.1% to 3,251.36

SINGAPORE stocks opened higher on Wednesday, with the Straits Times Index inching up 3.81 points, or 0.1 per cent to 3,251.36 as at 9.01am. 

Stocks to watch: Hatten Land, FJ Benjamin, Wing Tai, Civmec, IHH Healthcare

THE following companies saw new developments that may affect trading of their shares on Wednesday:

Gold miner Wilton Resources sinks deeper into the red with 24.7b rupiah Q4 loss

HIGHER operating and finance expenses sent Catalist-listed gold miner Wilton Resources Corp deeper into the red for its fourth-quarter and full year results. 

Singapore debt market deepens with Asian Bond Grant Scheme

THE Singapore corporate debt market continues to grow and deepen, with an extra boost from the Asian Bond Grant Scheme.

800 Super reverses into the red with S$1.65m Q4 loss

WASTE management and horticultural services firm, 800 Super Holdings, reversed into the red for the fiscal fourth-quarter on the back of higher expenses. 

Singapore corporate debt issuance rises 39% to S$259b in 2017

SINGAPORE'S corporate debt market grew strongly last year, with total debt issuance rising 39 per cent to S$259 billion in 2017, up from S$186 billion in 2016, data from the Monetary Authority of Singapore's (MAS) latest Corporate Debt Market Report shows. ...

Singapore shares open higher on Tuesday, STI up 0.7% to 3,247.9

SINGAPORE stocks opened higher on Tuesday, with the Straits Times Index advancing 22.28 points, or 0.7 per cent to 3,247.9 as at 9.02am. 

Stocks to watch: Noble, CapitaLand, HMI, Koda, BlackGold

THE following companies saw new developments that may affect trading of their shares on Tuesday:

Koda posts 40.1% jump in full-year profit to US$5.7m

FURNITURE maker Koda has posted a 40.1 per cent increase in net profit to US$5.7 million for the year ended June 30, up from US$4.1 million last year, thanks to improved economies of scale, and higher earnings from its in-house brand, Commune. 

SGX, Third500 to build emerging-growth pre-IPO, IPO market

THE Singapore-based affiliate of American investment bank Healthios Capital Markets LLC is partnering the local bourse to build a pre-IPO (initial public offering) and an IPO market for emerging growth companies.

ISOTeam sinks into the red with Q4 loss of S$1.99m

CONSTRUCTION company ISOTeam has sunk into the red with a fourth-quarter net loss of S$1.99 million for the three months ended June 30, compared to a net profit of S$1.38 million a year earlier. This came on the back of rising expenses and a drop in revenue.

Bank of Singapore hires Rajeev De Mello as chief investment officer

BANK of Singapore (BOS), the private banking arm of OCBC Bank, on Monday said it has appointed Rajeev De Mello as its chief investment officer (CIO), pending regulatory approval.

Singapore youths have little confidence their parents have saved enough for retirement: survey

ONLY one in every five youths in Singapore believe their parents have enough personal savings to finance their retirement, while merely 15 per cent trust that their parents have planned for retirement such that they need not worry about them in their golden years.