Singapore
Property sales surge in October with 5,857 units sold
Sales surged by 99.4% and 52.4% MoM.
Jobless rate holds steady at 3%
The number of jobless individuals however dropped by 1,700.
Holly International joins SGX derivatives market
It is the market's 70th trading member.
Ashurst’s Hong Kong office balances privacy and teamwork
The workplace features spaces for socials and quiet work to boost productivity.
Ramp-and-dump suspect extradited to Hong Kong after Singapore arrest
The suspect will face a securities fraud charge.
Exports value rise 6.4% in August, easing from July's growth
July recorded a 13.1% YoY growth.
Wealth transfers to spur family offices’ growth in SG, HK
The two markets each manage $1.3t in offshore assets.
9 subdivided unit landlords face fines for non-compliance with ordinance
The government levied fines amounting to $24,800.
Towngas backs energy sector with global internship programme
Currently, Towngas has provided internship opportunities to 60 students.
CUHK study reveals effective prevention for preterm preeclampsia
Early screening has been shown to reduce risks of preterm preeclampsia by 41%.
Seviora Holdings to acquire minority stake in ADM Capital
The two firms will leverage ADM Capital’s established sustainability-focused investment strategy.
Four offices in Clarke Quay Central for sale at $3,500 psf
The units can be sold individually or as a set.
Hong Kong IPO market plummets to lowest in two decades
IPOs in Hong Kong only raised $1.5b to date, 35.2% lower than in H1 2023.
SIA and Cathay partner to advance sustainability in the airline industry
The airlines will promote sustainable aviation fuel in APAC.
Mirxes reports $95.4m net loss ahead of IPO
Costs of R&D and administrative activities widened last year’s losses.
HKMA warns of prolonged high interbank rates
The central bank issued the warning post unchanged US fed funds rate at 5.25-5.5%.
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Commentary
Ginza-style commercial building in neighbourhood areas attracts local consumption