Daily Debrief: What Happened today
Stories you might have missed
Alibaba unit Lazada acquires e-grocer RedMart
Alibaba's South-east Asian subsidiary Lazada is acquiring Singapore e-grocer RedMart.
Hot stock: GLP surges on takeover speculation despite denial
Shares in Global Logistic Properties Limited (GLP) continued to rise on Wednesday afternoon even after the Singapore-listed logistics facilities provider denied being in talks with investors on a takeover.
Singtel's Optus opens A$10m cyber-security operations centre
Singtel's Australian unit Optus has opened a A$10 million facility to strengthen Australia's cyber defence.
Goh Chok Tong appointed as LKY School of Public Policy governing board chairman
Emeritus Senior Minister Goh Chok Tong has been appointed the governing board chairman for the Lee Kuan Yew School of Public Policy (LKY School).
Pacific Radiance unit clinches US$73m contract for newbuild vessel
Offshore marine support services firm Pacific Radiance has won a new contract for a newbuild vessel to be used in Mexico.
Corporate earnings
The STI Today
Singapore shares close 0.2% lower on Wednesday
Singapore stocks ended 0.2 per cent lower on Wednesday, with the Straits Times Index losing 6.55 points to 2,807.14.
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International
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
China passes tariff law as tensions with trading partners simmer
Blinken meets Chinese counterpart Wang Yi in Beijing
South Korea’s public finances no longer a credit rating ‘strength’: Fitch
UK consumer confidence improves as inflation and taxes fall
Inflation in Japan’s capital falls below BOJ target, slows for second month