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Daily Debrief: What Happened Today

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Lifted by a strong December performance, the Singapore economy grew faster than expected in the fourth quarter and for the whole year of 2016.

Singapore Economic Data

Singapore economy grows faster than expected in Q4, full-year 2016

Lifted by a strong December performance, the Singapore economy grew faster than expected in the fourth quarter and for the whole year of 2016.


 

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Market voices on:

CapitaLand Mall Asia to buy 4 properties in Tokyo for S$636.3m

Capitaland's shopping mall arm, CapitaLand Mall Asia, will buy four office and retail properties in Japan for S$636.3 million, inclusive of transaction costs.


Singapore Medical Group places out S$15m of shares to S Korea's CHA Healthcare

Singapore Medical Group (SMG) has, through a S$15 million share placement, ushered the entry of South Korea's CHA Healthcare Co as a major strategic shareholder.


Insurer Zurich merges global corporate and commercial units

Swiss insurer Zurich has announced the new structure of its commercial insurance business in the Asia-Pacific (Apac) region, following the merging of its global corporate and commercial units.


Stratech proposes to undertake rights issue to raise up to S$31m

The Stratech Group proposes to undertake a rights issue to raise up to S$31 million in net proceeds, mainly to repay its short-term and interest-free loans.


Corporate Earnings


The STI Today

Singapore stocks finish mixed on Friday despite STI's rise

US President Donald Trump said this week that his administration is running like a "fine-tuned machine" despite his national security adviser being fired; his pick for Labour Secretary pulling out of the running for the job; and his choice of a replacement national security adviser rejecting the offer.

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