Daily Debrief: What Happened Today
Stories you might have missed
MAS Annual Report
MND increases land supply for private homes in H2 2017
The government will release land for up to 8,125 private residential units (including executive condo units) and 83,590 square metres gross floor area (GFA) of commercial space on both confirmed and reserve lists in the second half of this year.
MAS, Danish FSA sign fintech cooperation deal
The Monetary Authority of Singapore (MAS) and the Danish Financial Supervisory Authority (Danish FSA) signed a financial technology cooperation agreement which aims to help fintech companies in Singapore and Denmark to expand into each other's markets.
G-20 taskforce issues climate-related disclosure guidelines
A taskforce for the G-20's Financial Stability Board (FSB) has issued its final recommendations on climate-related financial disclosures, giving a nod to different levels of materiality for different companies, and emphasising harmony with countries' own reporting frameworks.
Keppel DC Reit tops first governance index for Reits and trusts
Keppel DC Reit, Parkway Life Reit, Soilbuild Business Space Reit, AIMS AMP Capital Industrial Reit and Starhill Global Reit have emerged tops - in that order - in the first-ever published corporate governance rankings for real estate investment trusts (Reits) and business trusts (BTs) here.
Canada's export credit agency opens branch in Singapore
Export Development Canada (EDC), Canada's export credit agency, recently opened its first global branch outside Canada in Singapore to help grow its business in China.
The STI Today
Singapore stocks finish higher; STI jumps 1.3%
On Thursday, the eve of the final day of the second quarter, the Straits Times Index managed an impressive 42.95 points or 1.3 per cent jump to 3,258.65 as buyers drew inspiration from a large overnight rally on Wall Street.
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International
Japan closely monitoring weak yen, PM Kishida says, in fresh warning from Tokyo
Biden’s plan to hit China with more tariffs is mostly symbolic
Sterling rises after UK economy beats expectations and exits recession
China’s car exports hit record high in April, as domestic sales fall
UK exits recession with fastest growth in nearly three years
Europe’s rush for rate cuts shifts global market power away from US