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Singtel unit acquires Videology assets for about US$101m

SINGTEL on Tuesday said that its subsidiary Amobee, a digital marketing technology company serving brands and agencies, has emerged as the winner in the court-supervised auction to acquire certain assets from Videology for about US$101 million. The purchase price is subject to adjustments for accounts receivable at closing of about US$20.9 million. Videology is a software provider that allows advertisers and publishers to use data to optimise...


Economic data, earnings in focus this week

CONCERNS over trade tensions between the US and China continue to haunt the stock markets, but US economic indicators are set to play a greater role this week. Pan Jingyi, market strategist at IG Asia, said that while the latest move on tariffs by the Trump administration dominated headlines the past week, "the lack of follow-up from China's end appears to have placated markets". "As the latest proposed duties would likely find a protracted...


Singapore ranks 5th in Global Innovation Index

SINGAPORE is the most innovative country in the world outside Europe, according to this year's Global Innovation Index. The Republic moved up two spots to place fifth among 126 countries and also retained its spot as first in class in Asia. In the overall global ranking, Singapore ranked behind Switzerland, the Netherlands, Sweden and the UK, and beat out the US, Finland, Denmark and Germany. Among regional countries, Singapore did better than...


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