Daily Debrief: What Happened Today

COE premiums mostly higher

The big car certificate of entitlement (COE) premium rebounded even as the small car premium remained exactly the same.

Singapore to postpone bank capital rules; follows HK, Australia delays

Singapore's banking regulator has told lenders it will delay by a year the implementation of global rules designed to rein in trading risks - the latest sign that the post-crisis overhaul of the world's banking system may be stalling.

Singapore and Brunei celebrate 50 years of Currency Interchangeability Agreement

A set of special notes to celebrate the Currency Interchangeability Agreement between Singapore and Brunei has been launched to commemorate 50 years of cooperation between both countries.

Ascott ups stake in apartment hotel operator Quest for A$180m

Capitaland's wholly owned serviced residence business, The Ascott Limited, is acquiring an additional 60 per cent stake in Quest Apartment Hotels for A$180 million (S$191 million).

Singapore condemns North Korea's 'provocative' missile test

Singapore on Wednesday condemned North Korea's ballistic missile test that the pariah state said was a "gift" for the United States on Independence Day. The intercontinental ballistic missile (ICBM) travelled little more than 900km before plunging into the Sea of Japan on Tuesday.

Malaysia's export growth seen surging again in May: poll

Malaysia's exports likely rose for the seventh straight month in May, boosted by firmer prices and stronger demand for the country's key commodities, a Reuters poll showed.

The STI Today

Singapore stocks rebound; STI gains 1.2% to 3,248.71

Singapore stocks bounced back on Wednesday, with buoyant oil prices and a regional rebound helping the Straits Times Index (STI) to gain 1.17 per cent or 37.54 points to close at 3,248.71.