Singapore Wrap Monday
Today's notable stories
Singapore inflation weaker at -0.5% in April; sixth month in negative territory
Singapore's headline inflation rate stayed in negative territory for the sixth month running in April, and core inflation continued to ease.
First batch of smart HDB homes to be launched for sale this week
The first smart HDB homes, Northshore Residences I and II, will be launched in this month's build-to-order (BTO) exercise.
Citibank Singapore retains pole position in credit card sales
Citibank Singapore on Monday said its credit card sales have grown at least 20 per cent faster than the industry over the last five years.
Banyan Tree to help Vietnam resort pick operator for proposed gaming facilities
A Banyan Tree subsidiary will be helping Laguna Lãng Cô, the operator of the luxury resort located north of Da Nang, identify companies that can operate its proposed gaming facilities.
Frasers Centrepoint lists seven-year 3.65% retail bonds on SGX
Property developer Frasers Centrepoint Ltd (FCL) on Monday listed its seven-year retail bonds on the Singapore Exchange (SGX) mainboard under the stock code "AXXZ". This is its first retail bond offering.
The STI Today
Singapore: HK closure means an even more listless session here
Traders who thought conditions in the local stock market couldn't be worse than last week found that they were wrong when trading this week kicked off with a paltry 1.8 billion units worth S$596.6 million traded, the lowest one-day total this year largely because Hong Kong was closed to celebrate Buddha's birthday.
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International
‘To the Future’: Saudi Arabia spends big to become an AI superpower
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons
Overcrowded Venice introduces first payment charge for tourists
South Korea readies new system to detect illegal short-selling
US births retreat after pandemic-era growth
Markets are embracing India’s Modi for what he won’t do