Singapore Wrap Wednesday

GE2015

Car COE premiums flat

Certificate of entitlement (COE) prices for passenger cars were flat in Wednesday's bidding exercise - the first for September - as buyers stayed away due partly to the Hungry Ghost month but mostly on expectations of much lower premiums.

Condo, apartment rents down 0.4% in August: SRX

Private condominium and apartment rents in Singapore dipped 0.4 per cent in August, after falling 0.3 per cent in July, according to data released by SRX Property on Wednesday.

Singapore's SME outlook hits three-year low: survey

The outlook for small and medium-sized enterprises in Singapore has fallen to a three-year low with weaker sales and profit forecasts over the next six months across all industries, according to a latest survey.

CapitaGreen hits 83 per cent occupancy

CapitaGreen, a 40-storey Grade A office tower developed on the former Market Street Carpark site, has reached a committed occupancy of 83 per cent.

The STI Today

Singapore shares close higher after rallies in Japan, China and Dow futures

A 7.7 per cent jump in Japan's Nikkei Average after announcement of a cut in corporate tax, a 4 per cent rise in Hong Kong's Hang Seng Index and a 180-point jump in Dow futures on Wednesday helped the Straits Times Index (STI) extend its rebound into a second consecutive day, this time adding 42.86 points or 1.5 per cent to finish at 2,928.18.