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Daily Debrief: What Happened Today
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.
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.
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 has signed Singapore's airline caterer SATS Limited on for its inflight services, while extending their ground-handling agreement for another three years.
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 Holdings has rebranded its general insurance arm as it looks to turn it into a significant source of growth for the group.
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
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.