Daily Debrief: What Happened Today
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Civil service internet lockdown necessary to safeguard government networks: PM Lee
The Singapore government has been the target of some "very sophisticated" cyber attacks over the years, both from within Singapore and abroad, said Prime Minister Lee Hsien Loong on Thursday.
Prime retail rents on Orchard Road fall for sixth straight quarter: CBRE
Prime Orchard Road rents stood at S$32.50 per square foot per month (psf/month), on average, in the second quarter, down 1.1 per cent from the first quarter of 2016.
HDB resale prices in May edge up 0.2% from April: SRX
Resale prices of four-room flats fell, while that of three-room flats, five-room flats, and executive flats rose.
Olam acquires Alabama's largest peanut sheller for US$85m
Olam International on Thursday said it has acquired a 100 per cent interest in the largest Alabama-based sheller, Brooks Peanut Company, at its enterprise value of US$85 million.
A-Reit to sell logistics facility near Shanghai for S$26m
The manager of Ascendas Real Estate Investment Trust (A-Reit) on Thursday said the trust has agreed to sell A-Reit Jiashan Logistics Centre in China for S$26 million.
Hot stock: Otto Marine jumps on S$68m delisting offer
Shares of Otto Marine jumped on Thursday, after executive chairman and controlling shareholder Yaw Chee Siew proposed a voluntary delisting that valued the offshore and marine player at about S$68 million.
The STI Today
Singapore stocks close weaker as STI tracks Dow futures
The closure of Hong Kong for the Dragon Boat Festival on Thursday meant traders here were solely reliant on the Dow futures for direction. A fall in the latter meant the Straits Times Index lost 18.58 points at 2,843.80.
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International
Saudi Arabia hikes oil selling prices for all grades to Asia
Slowing global economy to mean smaller revenue bump in Australian budget
Emerging-market optimism dashed by Fed as currencies, bonds sink
France’s Macron set to press China’s Xi on trade, Ukraine
Israeli Cabinet votes to shut down Al Jazeera’s local operations
Ukraine eases some wartime capital controls for businesses