The Business Times

Hot stock: Ascendas Reit sheds 6.3% after unveiling acquisitions, S$1.2b fundraising The preferential offering to unitholders was priced at S$2.96 per new unit, the bottom end of the indicative range. bt.sg/4aqK

Singapore, Hong Kong air travel bubble to launch on Nov 22 As a start, there will be one flight a day into each city with a quota of 200 travellers per flight. bt.sg/4aqi

DoctorxDentist to delist doctors after clash with Singapore Medical Association Some members had complained that the platform refused to take down their profiles despite requests to do so, The Business Times reported las…

Shell Singapore to cut 500 jobs over three years amid Pulau Bukom reorganisation A spokesperson told The Business Times that the company will go from 1,300 staff to approximately 1,100 by the end of 2021, and down furthe…

Propelled by aviation, tourism plays, Singapore stocks soar higher; STI jumps 2.9% On the other hand, previous beneficiaries of the Covid-19 pandemic, such as glove and medical supply makers as well as stay-at-home plays…

Multiple lawsuits added up can be material, so why does Oxley Holdings not disclose them? The High Court will be hearing at least two litigation cases involving Oxley Holdings this week. If you don't remember being alert…

PODCAST: This week's episode looks at ESG (Environmental, Social, and Governance) investing: what is it and how do you get started? Brought to you by UOB Asset Management (UOBAM). #btpodcasts #moneyhacks Visit bt.sg/mone…

Buy a Dior lipstick in three instalments? Here's how young consumers do it bt.sg/4aJn

BT EXCLUSIVE: Sub-1% mortgages draw well-heeled borrowers A promotional floating rate from Citi is for wealthy clients who take home loans of at least S$800,000; banks are keen on loans with stable assets as interest rat…

S$1.65m can get you a home on Sentosa As prices have fallen since 2007 peak, more Singaporeans have snapped up homes on the resort island. bt.sg/4a4D

Brokers' take: Aviation a drag on SingPost's recovery, say analysts CGS-CIMB downgraded the stock to "hold", and lowered its target price to S$0.70. DBS’s research team said SingPost’s profit has bottomed out, with slow…

Broker's take: CGS-CIMB upgrades DBS, OCBC, UOB; dividends back in focus The steady growth of fee income, improvement in ROE and earnings recovery from lower credit costs could outweigh muted growth in net interest margi…

Diversity is good business: Culturally sensitive content and inclusivity make good business sense, say local creative companies. #BTLifestyle bt.sg/4akV

DINING OUT: An air of finesse at Fleurette The latest 'it' restaurant shows plenty of visual flair but could do with a bit more substance. #BTLifestyle bt.sg/4ak9

DESIGN: A home to grow old in How to design an apartment that caters to your evolving needs. #BTLifestyle bt.sg/4akj

The Raffles Conversation: Global strategist The UN’s top official in charge of disarmament, Izumi Nakamitsu, believes the organisation can still play a major role in preventing conflicts even in a new global paradigm. #r…

Nov 7 evening round-up: 1. DoctorxDentist a bitter pill for practitioners; medical association steps in while threat of legal action brews bt.sg/4akR 2. Trial reopening for nightspots, but not many will be partying bt.sg…

#BRUNCH: Pay later, not never There’s a new way to borrow at the checkout counter, and it’s finding favour with shoppers on a tight budget. Termed “buy now, pay later”, these interest-free, short-term payment plans have…

Nov 6 morning round-up: 1. Alibaba fraternity stamps mark on top-end Singapore properties bt.sg/4EyP 2. Stirred, but not shaken as Singapore banks beat Q3 estimates bt.sg/4Eym 3. They came, they saw, but didn't shop much…

Broker's take: DBS says SIA Engineering not taking off so soon, downgrades to 'hold' "Eventual recovery to pre-Covid-19 levels could take as long as 2023/24 for the MRO sector.” bt.sg/4EHC

Hot stocks: DBS, OCBC, UOB shares jump after Q3 profits trounce estimates The trio was among the biggest gainers on the benchmark Straits Times Index. The stock price surges also came amid a broad-based rally - the regio…

Singapore banks dial back worst fears; Q3 profit mostly up over the quarter While staying cautious, the trio pointed to a recovery in business momentum as regional economies emerge from lockdowns, and noted that provisio…