Daily Debrief: What Happened Today
Stories you might have missed
S$16b in Covid-19 support given out so far: Indranee
FROM March to May, firms and individuals have received S$16 billion in government assistance to weather the Covid-19 crisis so far, as "circuit-breaker" measures cross the halfway mark, Second Minister for Finance Indranee Rajah said in a Facebook post on Wednesday.
Temporary relief measures to also cover purchases of new homes: MinLaw
THE Ministry of Law said the Covid-19 (Temporary Measures) Act which provides temporary relief to those unable to fulfil contractual obligations as a result of Covid-19 will now also cover options to purchase (OTPs), sale and purchase (S&P) agreements or agreements for lease (AFL) for residential property.
Complaint against HC Surgical's Julian Ong moved to SMC disciplinary tribunal
DR Ong informed HC Surgical Specialists' (HCSS) board of this development on Tuesday, HCSS said in a bourse filing on Wednesday before the market opened.
Singapore homeware retailer Iuiga gets S$10m Series A funding, to focus on Indonesia
HOMEWARE retailer Iuiga has secured S$10 million in Series A funding from the technology arm of Indonesian conglomerate Konimex Group, which will be chiefly put to growing its operations in Indonesia.
IHH Healthcare rolls out telemedicine in Singapore and other key markets
HEALTHCARE heavyweight IHH Healthcare on Wednesday said it has made telemedicine available across its key markets globally, including in Singapore, Malaysia, Turkey, India and Hong Kong.
Corporate earnings
The STI today
Singapore stocks slip, 4 names dropped by MSCI THE Straits Times Index (STI) opened at 2,573.71 before settling at 2,572.01, down 15.80 points or 0.61 per cent for the day
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International
OECD upgrades global growth outlook as US outperforms
US official urges China, Russia to declare only humans, not AI, control nuclear weapons
Banking giants race to Riyadh as MBS steps up pressure campaign
Biden now calls ally Japan ‘xenophobic’ along with China, Russia
Japanese companies struggle with yen’s continued weakness
Australia’s March goods trade surplus narrows to more than 3-year low