Daily Debrief: What Happened Today (Feb 5)
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Investors eye more share buybacks, special dividends as DBS, OCBC, UOB release Q4 earnings
ANALYSTS said the lenders likely maintained their strong asset quality and excess Common Equity Tier-1 levels, which leaves room for capital returns to shareholders.
Investors bet big on worker dormitories amid rising rents and supply crunch
SINGAPORE’S increasing infrastructure projects are driving demand.
Mainstream car COE down 9.2% at S$85,000, lowest level in nearly a year
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PREMIUMS for large car, commercial vehicle and open categories fall; only motorcycle category price rises.
Singapore retail sales extend decline for second straight month, dip 2.9% in December
NINE of 14 retail sales categories recorded year-on-year declines.
Singapore aware of companies’ worries about Johor-Singapore SEZ, will monitor impact: Alvin Tan
COMPANIES can benefit by setting up on both sides, siting some operations in Johor, with headquarter and research functions in Singapore.
DREW & Napier is leading action by investors who saw their investments wiped out when CS AT1 bonds were written down as part of takeover by UBS.
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