Corruption probe

Indonesia arrests nine in bribery probe linked to $29 bil Lippo Group project

JAKARTA (Reuters): Indonesia’s anti-corruption agency has arrested nine people, including a top district government official and a company director, in a bribery investigation linked to the Lippo Group’s US$21 billion ($29 billion) Meikarta real estate project near Jakarta.

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Stars align for US banks to shine

(Oct 15): A decade after the global financial crisis, the landscape of the US financial services industry has transformed for the better. Indeed, after the shakeout following the GFC, the existing players have become more efficient and more competitive. The banks are in a better position to help other companies grow and help consumers save and spend.

Results

Qian Hu posts 23.2% rise in 3Q earnings to $0.2 mil

SINGAPORE (Oct 16): Qian Hu Corporation saw its earnings rise 23.2% to $175,000 for the 3Q18 ended September, from $142,000 a year ago.

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Stylish moments

SINGAPORE (Sept 24): Javier Bardem and Dev Patel have reunited with director Craig McDean for the fourth edition of Ermenegildo Zegna’s Defining Moments campaign.

Results

Keppel Infrastructure declares 3Q DPU of 0.93 cent, unchanged from a year ago

SINGAPORE (Oct 16): The trustee-manager of Keppel Infrastructure Trust (KIT) declared a DPU of 0.93 cents for 3Q18 ended Sept, unchanged from a year ago. This brings 9M18 DPU to 2.79 cents.

Results

Keppel DC REIT posts 6.3% rise in 3Q DPU to 1.85 cents

SINGAPORE (Oct 16): Keppel DC REIT announced that its distribution per unit (DPU) for 3Q18 was 6.3% higher at 1.85 cents, compared to 1.74 cents in 3Q17.

This brings 9M18 DPU to 5.47 cents, 4.8% higher than 5.22 cents in 9M17.

Temasek proposes maiden retail bond offer with planned issue of 5-year notes

SINGAPORE (Oct 16): Temasek Holdings is proposing to offer a new 5-year Singapore dollar bond, which will be open to retail investors for the first time.

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The technology effect
New technologies can both destroy and augment jobs. Workers on both ends of the skills spectrum are...
Indonesia arrests nine in bribery probe linked to $29 bil Lippo Group project
JAKARTA (Reuters): Indonesia’s anti-corruption agency has arrested nine people, including a top...
Qian Hu posts 23.2% rise in 3Q earnings to $0.2 mil
SINGAPORE (Oct 16): Qian Hu Corporation saw its earnings rise 23.2% to $175,000 for the 3Q18 ended...
Stars align for US banks to shine

(Oct 15): A decade after the global financial crisis, the landscape of the US financial services ind

Portfolio

Is there a price to righteousness?
SINGAPORE (Oct 15): Stock markets around the world succumbed to another wave of intense selling pressure. This time, the US market was not spared, which is not entirely a surprise, given that its recent record run has further widened the...
Yawning valuation gap between US stocks and the rest of the world
SINGAPORE (Oct 8): Global markets, save for Wall Street, headed into the last quarter of 2018 with a sense of caution. There are reasons to be wary, seeing that developments in the first nine months have not gone according to script,...
No more PPP (Piratisation of Public funds for Private interests), please
SINGAPORE (Oct 1): Last week, we discussed some of the major issues with regard to the current state of housing in Malaysia. To briefly recap, the rising number of unsold houses across the nation indicates that there is ample supply in the market....
Housing in Malaysia: Issue is not availability but affordability
SINGAPORE (Sept 24): There has been much discussion on the adequacy of the current (affordable) housing supply and, crucially, the lack of homeownership in Malaysia.  Statistics suggest that there are enough houses built in the country....
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