Daily Debrief: What Happened Today
Stories you might have missed
MAS sets up dedicated anti-money laundering and enforcement departments
The Monetary Authority of Singapore (MAS) said on Monday that it would set up dedicated departments to combat money laundering and strengthen enforcement, respectively.
Singapore's overall unemployment unchanged at 1.9%
Singapore's overall unemployment rate remained unchanged at 1.9 per cent in March 2016, with declines seen among residents and citizens.
Port of Singapore container volume increases in May
Total container throughput at the Port of Singapore rose for the first time since the start of 2016 in May against the corresponding period in 2015.
Grab to launch ride-sharing service between Johor Bahru and Singapore
The GrabHitch Johor Bahru-Singapore Inter-Country Service will be available for booking from June 20.
Lubricant manufacturer United Global gears up for Catalist listing
Singapore-based lubricant manufacturer United Global is gearing up for a listing on the Singapore Exchange's (SGX) Catalist board, it said in a preliminary offer document.
Japanese shipping giant Nippon Yusen Kabushiki Kaisha (NYK) is acquiring a stake in the subsea joint venture (JV) between Singapore-listed company Ezra Holdings and Japanese contracting group Chiyoda.
The STI Today
Singapore shares close lower on Brexit worries
Football supporters on Monday were shocked by a "Braxit" when Brazil unexpectedly exited the Copa America tournament being held in the US after a defeat to Peru, while in Asia, stock market players were shocked by worries of a "Brexit" that sent equity prices reeling throughout the day.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Luxury sector outlook clouded by China’s slow recovery
TikTok CEO expects to defeat US restrictions: ‘We aren’t going anywhere’
TikTok artists and advertisers to stay with app until ‘door slams shut’
Biden signs Ukraine aid, TikTok ban Bills after Republican battle
UAE announces US$544 million for rain repairs, says lessons 'learned'
HSBC says growing Chinese wealth fuels client investments in US