Daily Debrief: What Happened Today
Stories you might have missed
2026 target for KL-Singapore high-speed rail to begin operations
Singapore and Malaysia have signed a memorandum of understanding (MOU) for the proposed high-speed rail (HSR) linking Kuala Lumpur and Singapore, and the plan is to have the first trains up and running by around 2026.
Disk failure root cause of SGX's July 14 outage
"Investigations found that Thursday's event was caused by a disk failure and an application that did not detect the problem. The disruption was prolonged due to challenges in the orders and trade reconciliation process," SGX said.
Deskera to spend S$50m to build data centre in Singapore
The cloud-based integrated business management software provider hopes to turn the data centre into one of the biggest SaaS (software as a service) centres in South-east Asia.
Wong Fong Industries launches IPO for Catalist listing
Land transport engineering solutions provider Wong Fong Industries has launched its initial public offering (IPO) for listing on the Catalist board of Singapore Exchange (SGX), which will see it raising net proceeds of S$8 million.
Singapore requests Thailand to repatriate StanChart bank robbery suspect
The Singapore authorities have written to the Thai authorities to seek their assistance to repatriate Canadian bank robbery suspect David James Roach to Singapore.
Corporate Earnings
The STI Today
Singapore shares close weaker in line with falls in Dow futures, HK
After having bounced 193 points or 7.1 per cent in the 15 trading sessions since the June 23 Brexit referendum, the Straits Times Index on Tuesday ended with a 9.22-point loss at 2,919.54, dragged lower in line with losses in Hong Kong and the Dow futures.
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International
Israel concerned over possible ICC arrest warrants related to Gaza war
China’s top airlines improve balance sheet in Q1; outlook positive for May Day
G7 reaches deal to exit from coal by 2035
US, Britain urge Hamas to accept Israeli truce proposal
Saudi Arabia says economic revamp momentum intact as plans shift
German inflation creeps up to 2.4% in April