Singapore Wrap Monday
Today's notable stories
GE2015
StanChart Singapore names group wealth management head as CEO
Standard Chartered Bank Singapore has appointed Judy Hsu as its chief executive officer with effect from Oct 1, 2015.
Entrepreneur Goh Eng Wah dies at 92
Goh Eng Wah, an entrepreneur and a pioneer of Singapore's cinema industry, died on Sept 5, aged 92.
Temasek teams up with Saudi partner in bid for fast-food firm: report
Singapore's Temasek Holdings has teamed up with Saudi Arabia's Savola Group to bid for Middle Eastern fast-food operator Kuwait Food Co. in a deal that could be valued at between US$4 billion to US$5 billion, according to two people with knowledge of the matter.
YuuZoo secures S$30m funding from GEM Global
YuuZoo Corp has secured a S$30 million funding facility for the next three years from New York-based private alternative investment group GEM Global Yield Fund.
The STI Today
Singapore shares close weaker as China weakness overshadows Dow futures' rise
The Straits Times Index (STI) on Monday drifted to an 11.4 points loss at 2,852.41 in a weak session that saw only 840 million units worth S$834 million traded and the broad market excluding warrants recording 124 rises versus 266 falls.
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International
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
Blinken to meet businesses in Shanghai as he kicks off a tough China trip
Indonesia’s central bank surprises with ‘pre-emptive’ rate hike to cushion falling rupiah
South Korea’s economic growth beats forecast as exports rise