Singapore Wrap Thursday
Today's notable stories
Six Singapore companies make it to Forbes Asia's 'Best Under a Billion' list
Six Singapore companies have made it to Forbes Asia's "Best Under a Billion" list this year, three more than in 2014.
Bank of China in US$3.55 billion multi-currency landmark deal, includes S$500 million tranche
Bank of China (BOC) has priced a US$3.55 billion multi-currency, multi-location landmark transaction.
Standard Chartered Private Equity invests US$52m in Crystal Jade
Standard Chartered Private Equity (SCPE) has invested US$52 million in Crystal Jade Group Holdings which is an L Capital Asia portfolio company.
Sibor and SOR data to be subject to fees from Oct 1, 2015
Singapore interbank offered rate (Sibor) and ABS swap offer rate (SOR) data will be subject to a monthly usage fee of US$1,500 each for subscribers from Oct 1, 2015, the benchmarks' administrator said on Thursday.
Ascott Reit to acquire seven assets in Australia and Japan for S$298.3m
Ascott Residence Trust (Ascott Reit) will acquire three serviced residences and four rental housing properties in Australia and Japan for S$298.3 million, which are expected to increase Ascott Reit's distribution income for FY2014 by S$3.9 million and distribution per unit by 2.9 per cent from 8.20 cents to 8.44 cents on a pro forma basis.
The STI Today
Singapore shares close flat on Thursday
Mirroring an apparent impasse in the eurozone over Greece's bailout, Singapore shares ended unchanged on Thursday with the Straits Times Index down a marginal 1.46 points to 3,349.87.
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International
Thailand to appoint former energy executive Pichai as finance minister, sources say
Consumer gulf widens as demand for premium and budget foods grows
‘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 begins charging day-trippers for access
South Korea readies new system to detect illegal short-selling