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Daily Debrief: What Happened Today

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Tuesday, March 8, 2016 - 18:30

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Resale prices of non-landed private homes in Singapore dipped 0.3 per cent in February 2016, after increasing 0.8 per cent in January.

Noble Group debt back above US$0.60 as commodity distress eases

Noble Group Ltd's plans to refinance loans due next month are getting a boost as the commodities collapse eases.


Transocean says rigs from Keppel delayed until 2020

Transocean Ltd announced on Tuesday an agreement with Keppel Offshore & Marine Ltd's shipyard, Keppel FELS, to defer the delivery and related payments of five high-specification jackups until 2020.

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Singapore condo resale prices dip 0.3% in Feb; volume down 11%

Resale prices of non-landed private homes in Singapore dipped 0.3 per cent in February 2016, after increasing 0.8 per cent in January.


Hot stock: OSIM jumps to four-month high on privatisation bid

Shares of healthy lifestyle products provider OSIM International jumped to a four-month high on Tuesday, a day after its founder and largest shareholder offered to pay more than S$300 million to take the company private.


Temasek-backed Mapletree buys student accommodation assets in UK

Mapletree Investments Pte Ltd, the real estate business of state investor Temasek Holdings, said on Tuesday it had bought a portfolio of 25 student accommodation assets, comprising 5,500 beds, in the United Kingdom.


ViewQwest launches 10Gbps fibre broadband service for homes in S'pore

The race for greater fibre broadband speeds in Singapore is about to heat up, as ViewQwest on Tuesday launched a 10Gbps fibre broadband service for homes, for S$218 a month.


Corporate Earnings


The STI Today

Singapore shares close weaker in line with falls in HK, Dow futures

The Straits Times Index on Tuesday sank 44.74 points or 1.6 per cent to 2,778.77, its second successive drop after six consecutive rises that saw it gain 234 points. Turnover amounted to 2.6 billion units worth S$1.4 billion for an average of S$0.54 per unit, and excluding warrants there were 128 rises versus 304 falls in the broad market.

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