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Daily Debrief: What Happened Today
The prospects for Asian banks are good chiefly because the prospects for Asian economies are good, said Ravi Menon, Monetary Authority of Singapore managing director.
Singapore Changi Airport handled 5.17 million passenger movements in April, a 7.8 per cent year-on-year increase.
Prices of completed private apartments and condominiums slipped 0.6 per cent in April, after rising 0.8 per cent in March. This is based on flash estimates by the National University of Singapore (NUS) for its overall Singapore Residential Price Index (SRPI) released on Monday.
Singapore investment firm Temasek Holdings has appointed Stephen Lee Ching Yen to its board of directors. This will take effect from July 1.
Mainboard-listed New Silkroutes Group (NSG) on Monday said that it will acquire majority control of eight dental clinics and two dental equipment suppliers in Singapore for S$5.28 million.
The STI Today
The Straits Times Index kicked off the week by drifting to a 4.87 points loss at 3,214.55 in low volume of 1.8 billion units worth S$669.4 million.