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Daily Debrief: What Happened Today

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Monday, May 8, 2017 - 18:30

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Some S$4.99 billion worth of real estate investment deals were closed in the first three months of this year, a 67.4 per cent surge from the year-ago period.

Singapore real estate investment deals jump 67.4% in Q1 from a year ago: JLL
SOME S$4.99 billion worth of real estate investment deals were closed in the first three months of this year, a 67.4 per cent surge from the year-ago period.


Banks continue to dominate in new sales of life insurance in Singapore
BANKS in Singapore continued to be the dominant distribution channel of new sales of life insurance in the first three months of this year, outpacing tied agents and financial advisers.


 

Hot stock: Noble shares up 6.3% after trading on consolidated basis
SHARES of Noble Group rose 6.3 per cent on Monday, the second day of trading on a consolidated basis.

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Market voices on:


Quick take: Macron's win spells pro-business reforms, deeper European integration
EMMANUEL Macron, a 39-year-old former investment banker, was elected president of France on Sunday (May 7) defeating Marine Le Pen, a far-right nationalist who threatened to take France out of the European Union.


Hewlett Packard Enterprise unveils 3-year incubator programme in Singapore
HEWLETT Packard Enterprise (HPE) on Monday unveiled a three-year incubator programme in Singapore to partner local companies to create and commercialise new technologies.


Mount Alvernia Hospital appoints Lam Kian Ming as new CEO
MOUNT Alvernia Hospital (MAH) appointed Lam Kian Ming as its new chief executive officer (CEO), with effect from May 2, 2017, it said on Monday.



Corporate Earnings

The STI Today

Singapore stocks close slightly higher after Macron wins French election
THE Straits Times Index managed a 7.25-point rise to 3,236.98 on Monday in response to the widely-expected news that Emmanuel Macron, the market's preferred choice for president of France, had won Sunday's runoff against his rival Marine Le Pen.


 

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