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Daily Debrief: What Happened Today
Britain has voted to leave the European Union, results from Thursday's referendum showed, a stunning repudiation of the nation's elites that deals the biggest blow to the European project of greater unity since World War Two.
- Crashing pound draws queues at Singapore money changers
- MAS ready to curb excessive volatility in Singapore dollar after Brexit
- Singapore GIC is prepared for a period of heightened market uncertainty post-Brexit
- Singapore PM Lee says too early to tell consequences of Brexit
- Quick takes: It's official, Britain votes for Brexit
Commodity trader Noble Group has received overwhelming support to conduct a rights issue, with 98.87 per cent approval.
Singapore Airlines (SIA) said on Friday it has not been considering a majority stake in Virgin Australia, after recent reports said the Republic's national carrier was aiming to acquire a 51 per cent stake in the Australian airline.
Singapore's manufacturing output rose by 0.9 per cent in May compared to a year ago, following an expansion in the biomedical manufacturing cluster's output.
Singapore has been designated as the secretariat of the Port Authorities Roundtable, a new grouping bringing together port authorities and major ports around the world to network, exchange views and explore areas of collaboration.
The STI Today
The week kicked off with markets tentatively in "risk on" mode as opinion polls suggested the UK would vote to stay within the European Union. It ended with markets firmly in "risk off" mode on Friday as UK polling results started streaming in, stocks across the region tanked, with the selling gathering pace as more results were announced.