Singapore Wrap Friday
Today's notable stories
GE2015
Prices of completed condos in Non-Central Region dip 0.2% in July
Prices of completed non-landed private homes in Singapore were flat in July 2015 over June, according to the National University of Singapore flash estimate for its Overall Singapore Residential Price Index released on Friday.
Mitsubishi to buy 20% in grain trader Olam for S$1.53 billion
Mitsubishi Corp, betting on growing demand for food in Asia, agreed to buy a 20 per cent stake in Olam International Ltd, the commodity trader controlled by Singapore's state investment company, in two deals worth S$1.53 billion.
Corporate Earnings
The STI Today
Singapore: Shares close up 0.4%
The Singapore market finished 0.4 per cent higher on Friday after unexpectedly strong economic growth figures out of the US, with the Straits Times Index advancing 10.51 points to 2,955.94.
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International
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations
Fed’s preferred core inflation gauge rose at a brisk pace in March
Thames water crisis risks £100 billion UK investment plan
Indian central bank issues draft guidelines for web aggregators of loan products