Daily Debrief: What Happened Today

Singapore condo resale prices up 0.4% in May, volumes up too: SRX Property

Resale prices of non-landed private homes in Singapore rose 0.4 per cent in May 2016 over the previous month, based on SRX Property's flash estimates for last month released on Tuesday.

Deutsche Bank loses Asia-Pacific CEO: source

Deutsche Bank's chief executive officer for the Asia-Pacific Gunit Chadha will leave in July, a source told The Business Times on Tuesday.

Update: Changjiang in Tagore 8 RTO deal

Changjiang Fertiliser Holdings is eyeing the acquisition of a 50 per cent interest in Chiu Teng 8 Pte Ltd, which owns the Tagore 8 industrial building, from CTE Resources under a deal that will constitute a reverse takeover by SGX rules.

Singapore achieves self reliance in water, sees demand doubling

Singapore has achieved self-reliance in water and is building more capacity to meet a projected doubling in demand in the next 45 years, a minister said.

Singtel, Bharti Airtel in tie-up to combine enterprise data offerings

Homegrown telecom operator Singtel will be expanding its reach to four continents, as it ties up with associate Bharti Airtel to combine their Points of Presence resources into one network.

Alibaba's Ma: Fake goods today are better than the real thing

Alibaba Group Holding founder Jack Ma said Chinese-made counterfeit goods today have gotten better than the genuine article, complicating the effort to root out fakes on the country's largest online shopping services.

The STI Today

Singapore shares close lower for fourth straight session on Brexit worries

An uneasy calm descended upon the local stock market on Tuesday with traders hesitant to commit themselves ahead of the US Federal Open Market Committee meeting this week and next week's UK referendum on continued membership in the European Union.