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Daily Debrief: What Happened Today

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Tuesday, July 11, 2017 - 18:30

TEMASEKHOLDINGS.jpg
TEMASEK Holdings' investments returned 13 per cent in the year ended March 31, 2017, as robust stock markets lifted the listed portion of its portfolio.

Temasek returns 13% in FY17 as stock markets lift portfolio to record S$275b

Temasek Holdings' investments returned 13 per cent in the year ended March 31, 2017, as robust stock markets lifted the listed portion of its portfolio. The Singapore investment company said that its net portfolio value increased to a record-high S$275 billion, reversing a year-ago negative return of 9 per cent.


Bourbon Offshore Asia Pacific chairman runs for presidency

Chairman of marine service provider Bourbon Offshore Asia Pacific Farid Khan Kaim Khan, 62, announced his candidacy for president on Tuesday.Wishing to serve the nation, Mr Farid said that he is very concerned with the growing threat of radicalism.

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Non-landed private residential resale prices up 0.9% in June: SRX Property

Non-landed private residential resale prices rose 0.9 per cent in June from May, continuing their gradual recovery since October, flash estimates from SRX Property shows.


Jetstar Asia partners SATS to improve customer experience inflight, on the ground

Jetstar Asia has signed Singapore's airline caterer SATS Limited on for its inflight services, while extending their ground-handling agreement for another three years.


Siemens opens its first fully integrated digitalisation hub in Singapore

Global technology company Siemens launched its first fully integrated digitalisation hub in Singapore on Tuesday at parallel events held simultaneously in Singapore and its headquarters in Munich, Germany.


Great Eastern rebrands general insurance arm

Great Eastern Holdings has rebranded its general insurance arm as it looks to turn it into a significant source of growth for the group.


Dapai International asked to delist on Aug 10

Backpack maker Dapai International Holdings Co has been given until 5.05 pm on Aug 10 to delist from the Singapore Exchange's (SGX) main board. It said in a release on Tuesday morning before market open that SGX informed it on July 10 that it did not meet a stipulated requirement to continue to be listed.


The STI Today

Singapore stocks finish weaker on Wall St worries

Wall Street's unsure Monday session and an afternoon slide in the Dow futures were the main reasons behind the Straits Times Index's 27.55-point drop to 3,218.8 on Tuesday, a fall that was initially cushioned by a rise in the Dow futures. 

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