Daily Debrief: What Happened Today
Stories you might have missed
NODX jumps 11.6% year on year in May
Non-oil domestic exports (NODX) jumped 11.6 per cent year on year in May after a 7.9 per cent drop in April, with shipments to the US, Taiwan and Malaysia contributing largely to the increase.
Hot stock: KLW gains after news that CEO will sell entire stake in firm
The door maker's share price movement followed its announcement on Thursday night that its CEO and controlling shareholder Quek Chek Lan will sell his entire stake in KLW to Sunny Wealth Ltd.
Rothschild announces two key appointments in Singapore
Rothschild Wealth Management on Friday announced the appointment of Mike Hue and Tang Kai Meng to its Asia business.
Trendlines portfolio company in advanced talks to be acquired for US$16m
Catalist-listed medical tech incubator Trendlines Group said on Friday that its 26.46 per cent-owned associated company ETView Medical could soon be acquired for some US$16 million.
Update: Secura to acquire tech wholesaler Red Sentry for S$2.7m
Security solutions provider Secura Group said on Friday that its wholly-owned subsidiary Soverus Technology Pte Ltd had, on Thursday, entered into a sale and purchase agreement to acquire Red Sentry Pte Ltd for S$2.7 million.
The STI Today
Singapore shares close 0.4% up on Friday
Singapore stocks got a brief respite on Friday after a downbeat week that saw sentiment dampened by Brexit fears.
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International
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations
Fed’s preferred core inflation gauge rose at a brisk pace in March
Thames water crisis risks £100 billion UK investment plan
Indian central bank issues draft guidelines for web aggregators of loan products
Vietnam National Assembly head resigns amid graft purge