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Daily Debrief: What Happened Today

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Bank stocks climb for second straight day
SHARES in local banks climbed for a second consecutive day on Wednesday after a solid set of results from DBS Bank on Tuesday.


nuTonomy, Groupe PSA tie up to trial driverless Peugeot cars in Singapore
DRIVERLESS-CAR technology startup nuTonomy has inked a partnership deal with French carmaker Groupe PSA to include its Peugeot cars in a driverless car trial in Singapore.


 

SIA, CAAS work together on 'green package' flights on San Francisco-S'pore route
SINGAPORE Airlines (SIA), together with the Civil Aviation Authority of Singapore (CAAS), has started operating a series of "green package" flights on its non-stop San Francisco-Singapore route.

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SPH launches SPH Content Lab
MEDIA group Singapore Press Holdings (SPH) has launched what it called a "one-stop shop for content marketing", it said in a press release on Wednesday.


Pan-United to split off ports business to Hong Kong, raise S$60.9m from rights issue
CONCRETE supplier Pan-United Corporation, which also owns two ports in China, is proposing to split off its ports business and raise up to S$60.9 million from a rights issue to pay off port-related debt.


Oceanus gets qualified opinion from auditor, adjusts FY15 financial statement
ABALONE producer Oceanus Group's independent auditor has issued a qualified opinion for the firm's financial year ended December 2015, the group said in a Singapore Exchange filing on Tuesday morning.


The STI Today

Singapore stocks finish mixed - banks power STI but broad market weakens
THE outperformance of the three banks continued on Wednesday, driving the Straits Times Index to fresh 21-month highs even as the broad market weakened.


 

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