Daily Debrief: What Happened Today

Singapore's services industry business receipts down 3.8% in Q1

Business receipts of Singapore's services industries (excluding wholesale & retail trade and accommodation & food services) fell 3.8 per cent in the first quarter of 2016 over the previous quarter, according to data released by the Department of Statistics on Friday.

StanChart increases investment in Singapore to improve efficiency

Standard Chartered Bank on Friday said it has bought a second office building in Changi Business Park for S$45 million as it increases its investments in Singapore to improve efficiency.

Singapore property closer to bottom than Hong Kong: LaSalle Investment Management

"Hong Kong and Singapore are in a different cycle," LaSalle's Chris Chow said in an interview.

AXA names new management team under new CEO ahead of investor day

French insurer AXA on Friday announced a broad management reshuffle under its incoming CEO, who is expected to focus on shareholder returns and digital transformation when he presents a strategic plan on June 21.

Symantec says Swift heist linked to Philippines attack, Sony hack

Hackers who stole US$81 million from Bangladesh's central bank have been linked to an attack on a bank in the Philippines, in addition to the 2014 hack on Sony Pictures, cybersecurity company Symantec Corp said in a blog post on Thursday.

Corporate Earnings

The STI Today

Singapore shares close higher for week - was it month-ending window-dressing?

Other than the Singapore Exchange announcing it is in exclusive talks to buy London's Baltic Exchange and oil prices rising above US$50 per barrel for the first time in seven months, there was not much else to talk about in the past week.