Singapore shares muted at Friday's open; STI up 0.04%

SINGAPORE shares inched slightly higher on Friday, with the benchmark Straits Times Index gaining 0.04 per cent, or 1.15 points to 3,233 as at 9.01am. 

Accrelist H1 loss widens to S$2.1m; to conduct strategic review

CATALIST-LISTED corporate accretion services provider Accrelist has sunk deeper into the red, with a half-year net loss of S$2.1 million, from a loss of S$629,000 in the year-ago period, dragged down by higher costs and losses from its subsidiary, Jubilee Industries Holdings.  

New units from MCT's preferential offering to start trading on Friday

SOME 205.6 million new units in Mapletree Commercial Trust (MCT) will be listed on the Singapore bourse at 9am on Friday, as a result of the trust's preferential offering. 

Golden Agri back in the black on lower expenses, boost from other income

PALM oil plantation owner Golden Agri-Resources (GAR) on Thursday posted a third-quarter net profit of US$801,000, reversing from a loss of US$53.9 million in the year-ago period, as lower expenses and "other income" gave a boost to its bottom line.

Hot stock: ComfortDelGro skids 3.4% on missed Q3 earnings

SHARES in ComfortDelGro shed more than 3 per cent on Thursday, after the transport behemoth posted a 10.8 per cent fall in third-quarter net profit to S$70 million overnight, as...

Singapore stocks: STI resumes Thursday afternoon down 0.31% on day

SINGAPORE shares resumed trading in negative territory on Thursday, with the Straits Times Index (STI) losing 0.31 per cent, or 9.96 points to 3,229.26 as at 1.02pm. 

Euro resumes slide against Singapore dollar: DBS analysts

DBS analysts are expecting the euro to keep underperforming against the Singapore dollar, according to a research note released by the bank on Thursday. 

Singapore shares dip at Thursday's open; STI down 0.01%

SINGAPORE shares struggled to find direction at Thursday's open, ahead of a slew of Chinese economic data, and after a lacklustre session from Wall Street overnight. 

Golden Agri back in the black with Q3 profit on lower expenses, other income

PALM oil plantation owner Golden Agri-Resources (GAR) on Thursday posted a third-quarter net profit of US$801,000, reversing from a loss of US$53.9 million in the year-ago period, as lower expenses and other income gave a boost to its bottom line.

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CapitaLand's Bridge+ to set up fintech hub in Singapore's CBD

BRIDGE+, an extension of CapitaLand's business space portfolio, on Wednesday said it will actively support the growth of fintech players, and "enliven the community" here, with the group's upcoming development in the central business district (CBD).

PropNex Q3 profit down 15.2% at S$6.1m

REAL estate agency PropNex on Wednesday posted a 15.2 per cent plunge in net profit for the fiscal third-quarter from a year ago, as it took in lower commission income, while bearing higher staff costs and depreciation expenses.

Condo rents slip in October, HDB rents inch up: SRX

RENTS for non-landed private homes slipped in October from the previous month, while those for HDB flats edged up, although they were both higher than a year ago.

CapitaLand's Bridge+ to set up fintech hub in Singapore's CBD

BRIDGE+, an extension of CapitaLand's business space portfolio, on Wednesday said it will set up a fintech hub that will play host to Singapore's fintech community, with the group's upcoming development in the Republic's central business district (CBD).

Condo rents slip in October as demand shrinks; HDB rents inch up: SRX 

RENTS for non-landed private homes slipped in October from the previous month, while those for HDB flats edged up, although they were both higher than a year ago. 

Hatten Land Q1 profit jumps to RM2.6m; to hold AGM on Nov 23

CATALIST-LISTED Malaysian property developer Hatten Land on Wednesday posted a first-quarter net profit of RM2.6 million (S$850,000) for the three months ended Sept 30, more than six times its net profit of RM424,000 in the year-ago period. 

PropNex Q3 profit slips 15.2% to S$6.1m

REAL estate agency PropNex on Wednesday posted a 15.2 per cent drop in its third-quarter net profit to S$6.1 million from S$7.2 million in the year-ago period, as it took in lower commission income while bearing higher staff costs and depreciation expenses.

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Singapore is top draw in Asean for fintech funding

FINANCIAL technology (fintech) firms in Singapore continued to attract the lion's share of global funding among Asean countries, and the Republic remains the preferred base for fintech firms in the region, a new report by United Overseas Bank (UOB), PwC and the Singapore FinTech Association (SFA...

Singapore fintechs dominate funding within Asean: report

FINANCIAL technology (fintech) firms in Singapore continued to attract the lion's share of global funding among Asean countries, and the Republic remains the preferred base for fintech firms in the region, a new report by United Overseas Bank (UOB), PwC and the Singapore FinTech Association (SFA...

Singapore stocks: STI resumes Tuesday afternoon up 0.37% on day

SINGAPORE shares held onto their gains as trading resumed on Tuesday afternoon, with the Straits Times Index up 0.37 per cent, or 11.94 points to 3,252.59 as at 1pm. 

Stocks to watch: MCT, First Resources, Raffles Medical, UE, Bumitama, Vicom, KSH

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

Bumitama Q3 profit slips 29.7% on lower palm oil prices

INDONESIAN palm oil producer Bumitama Agri on Tuesday posted a 29.7 per cent decline in third-quarter net profit to 189.61 billion rupiah (S$18 million) from 269.89 billion rupiah a year ago. 

UOB withdraws statutory demands, JM application against Hoe Leong Corp

HEAVY equipment supplier Hoe Leong Corporation on Friday said that the Singapore High Court has granted leave for United Overseas Bank (UOB) to withdraw its application to place the firm under judicial management.

Singapore fintech startup DEXTF raises US$460,000 in seed funding

SINGAPORE-based fintech startup DEXTF has secured US$460,000 in an "oversubscribed" seed funding round led by LuneX Ventures and SGInnovate, it said on Friday.

UOB withdraws JM application, statutory demands against Hoe Leong

HEAVY equipment supplier Hoe Leong Corporation on Friday said that the Singapore High Court has granted leave for United Overseas Bank (UOB) to withdraw its application to place the firm under judicial management. 

Total securities market turnover up 9% m-o-m to S$21.6b in October: SGX

MARKET activity amongst Asian equities in October was marked broadly by a return of risk appetite, amid signs of progress in US-China trade negotiations, and easing uncertainties over Brexit, a latest report by the Singapore Exchange (SGX) said.