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Daily Debrief: What Happened Today

Thursday, March 3, 2016 - 18:30

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UOB said on Thursday it has raised 500 million euros (S$760 million) through its euro-denominated fixed-rate covered bonds, making it the first Asian bank to issue such bonds.

UOB raises 500m euros in its first euro-denominated covered bond issue

UOB said on Thursday it has raised 500 million euros (S$760 million) through its euro-denominated fixed-rate covered bonds, making it the first Asian bank to issue such bonds.


Oei Hong Leong in legal spat over Canadian property: report

Well-known tycoon Oei Hong Leong and his company have counter-sued over claims by a company that they were meant to co-develop a piece of land in Canada, a report said this week.

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Singapore Air turns to new jet to lure premium-paying flyers

Singapore Airlines Ltd, hurt by competition from opulent Middle Eastern carriers and a rash of budget airlines, is trying to revive its fortunes the way it knows best: wooing flyers with new aircraft.


Singapore private-sector conditions soften in Feb as Nikkei PMI falls to 51.6

Business conditions for Singapore's private sector improved at a slower rate in February, with indicators pointing towards softening growth.


Deloitte SEA appoints Singapore chief as regional CEO

Deloitte Southeast Asia (SEA) on Thursday announced the appointment of the firm's Singapore head as its regional chief executive, following the retirement of Chaly Mah who has helmed the SEA office for about 10 years and has been with the accounting giant for more than 38 years.


UOB, OurCrowd join forces to crowdfund Asian technology startups

United Overseas Bank (UOB) on Thursday announced a strategic partnership with global equity crowdfunding platform OurCrowd.


The STI Today

STI up 2.2%, takes 5-day gain to 7%

The Straits Times Index enjoyed one of the best days of recent years when it shot up 60.66 points or 2.2 per cent to 2,787.62 with the 30 index stocks recording high volume of 534 million units worth S$1.3 billion.

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