Singapore Wrap Wednesday
Today's notable stories
Certificate of Entitlement (COE) premiums for passenger cars continued to tumble on Wednesday in the second tender for July as bookings for new cars slowed down.
Singapore consumer confidence falls for second consecutive month
Consumer confidence in Singapore slid in July for a second consecutive month, according to a monthly survey released on Wednesday.
Keppel unit bags US$684m LNG carrier conversion contract
Singapore rigbuilder Keppel Corporation said on Wednesday its wholly owned subsidiary Keppel Shipyard has signed a contract worth about US$684 million to convert a liquefied natural gas (LNG) carrier into a Golar floating liquefaction facility.
iX Biopharma opens 7.6% higher in Catalist debut
Specialty pharmaceutical firm iX Biopharma started off its Wednesday morning Catalist debut on a fairly secure footing.
Corporate Earnings
The STI Today
Singapore shares close lower on Wednesday, tracing Asian markets
Singapore share prices closed lower on Wednesday with the Straits Times Index down 12.24 points at 3,359.17, and tracing other Asian markets.
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International
Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising
Colombian fund managers eye US$750 million fee bonanza after senators tweak pension bill
Fed survey cites inflation, US election as key financial stability risks
Oil prices steady after Iran plays down reported Israeli attack
G7 pledges swift aid for Ukraine, seeks to calm Middle East
H5N1 strain of bird flu found in milk: WHO