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Daily Debrief: What Happened Today
Business confidence in Singapore's economy for the second quarter of this year has bounced back up, led by rising optimism in the services and wholesale trade sectors from a gloomy outlook in the preceeding quarter, according to a latest quarterly survey.
As a friend to both America and China, Singapore can be put in a difficult situation if there is friction between the two giants, Prime Minister Lee Hsien Loong said in an interview with British broadcaster BBC aired on Wednesday.
Female directors of listed companies on the Singapore Exchange (SGX) earned just 56.8 per cent of male counterparts' remuneration on average, according to a study by the NUS Business School's Centre for Governance, Institutions and Organisations.
CITIC-PRUDENTIAL Life Insurance Company (CITIC-PRU Life) on Wednesday said that it has received approval from the China Insurance Regulatory Commission (CIRC) to set up a new branch in Sichuan province.
One year following its official launch, the Singapore Business Federation (SBF) and Singapore Press Holdings (SPH) have signed two agreements to widen the scope of their tie-up on the "Belt & Road" Chinese portal.
The Singapore Exchange (SGX) has slapped a 'trade with caution' warning on ISR Capital as it lifts the trading suspension imposed on the shares.
- Vard posts Q4 net loss of 67m kroner
- Net fair valuation loss dents Centurion Q4 net profit
- Food Empire swings back into the black for Q4
The STI Today
After having fallen 41 points in the previous three sessions, the Straits Times Index (STI) on Wednesday bounced 26.16 points up to 3,122.77 thanks to big gains in the Jardine stable and Keppel Corp.