Daily Debrief: What Happened Today
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SGX review finds disclosures lacking in remuneration, board performance matters
The quality of corporate governance disclosures among mainboard-listed companies was the poorest when it came to remuneration details, assessing board performance and internal audit, according to a review carried out by the Singapore Exchange (SGX).
Singapore private-sector conditions hit five-month high in June with PMI at 52.3
Conditions in Singapore's private sector momentarily shook off concerns of a slowdown as they improved to a five-month high in June.
Mapletree Commercial Trust to acquire Mapletree Business City for S$1.78b
The trustee of Mapletree Commercial Trust, DBS Trustee Limited, is planning to acquire Mapletree Business City's office and business park components for S$1.78 billion.
Hot stock: Manulife US Reit trades higher as first pure-play US Reit in Asia
Manulife US Real Estate Investment Trust (Manulife Reit) bucked the softer overall market trend on Tuesday to trade higher.
Geo Energy secures offtake deal worth US$1.2b for Indonesian coal mine
Indonesian coal mining group Geo Energy has secured a deal to supply coal to global commodities group Engelhart Commodities Trading Partners (Singapore), or ECTP, until recently known as BTG Pactual Commodities, for the entire lifespan of its wholly owned coal mine.
The STI Today
Singapore shares close lower after five straight days of gains
The Straits Times Index on Tuesday fell 5.89 points to 2,864.67, its first day of weakness after five consecutive rises that saw it gain 141 points or 5.2 per cent.
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International
TikTok places ByteDance founder among China moguls in Singapore
US will halt artillery supplies to Israel if it attacks Rafah: Biden
Gen Z is relying on debt more than Millennials did at this age
Trade association survey shows 79% of US biotech companies have contracts with Chinese firms
Hong Kong woos Saudi money in attempt to revive stock market
Squeeze on UK job market eases in April, recruiters say