Daily Debrief: What Happened Today

Greenland Group and Amare in multi-billion-dollar property deal

The Greenland Group, China's biggest state-owned developer, and Singapore-based Amare Investment Management Group have entered into a multi-billion-dollar property agreement.

Tan Cheng Bock announces second bid for presidency in 2017

Former People's Action Party Member of Parliament Tan Cheng Bock wants to have a second shot at becoming Singapore's President.

Broker's take: DBS picks Sembcorp Industries

DBS Vickers recommends a "buy" only on Sembcorp Industries (SCI) among the large-cap offshore plays, citing SCI's stable but undervalued utilities business.

Keppel on track to deliver fifth semisub to Floatel

Keppel Offshore & Marine (Keppel O&M) subsidiary Keppel Fels is on track to deliver within the contracted schedule a fifth high-specification accommodation semi-submersible (semisub) to Floatel International.

Fintech growth accelerates in Asia with record US$4.5b investments

Investors poured a record US$4.5 billion into financial start-ups in Asia last year, four times as much as the previous year, data shows, putting the region at the centre of the global tech revolution poised to shake up the financial services industry.

IEA sees signs oil price 'might have bottomed out'

The oil price may have finally bottomed out, the International Energy Agency (IEA) said Friday, noting its "remarkable recovery" over recent weeks.

The STI Today

Singapore shares close higher on Friday as Dow futures jump 140 points

A rise in oil prices, a bank reserve ratio cut in China and the European Central Bank meeting on Thursday which markets hoped would yield more quantitative easing opened a window of opportunity for traders this week, encouraging them to adopt a "risk on'' stance.