Singapore Wrap Monday
Today's notable stories
DBS Earnings
Other Corporate Earnings
Passenger numbers at Changi Airport down 0.9% in Q1
Passenger movements at Changi Airport slid 0.9 per cent to 13.1 million in the first quarter of this year, compared with the same period last year, on the back of softer traffic across most regions.
Fraser Commercial Trust (FCOT) has entered into a conditional sale and purchase agreement with Australand Property Holdings to acquire a commercial property in Melbourne for A$222.5 million (S$232 million).
BHP faces A$522m tax bill on Singapore marketing hub
BHP Billiton is contesting A$522 million (S$544.8 million) in Australian tax bills on its Singapore marketing operations up to 2010, after having paid almost no tax in Singapore since 2006, the global miner told an Australian Senate panel.
Singapore: Rises in Singtel and UOB push STI into the black
The Straits Timex Index kicked off the week with a 2.85-point gain at 3,515.85 on Monday, thanks mainly to strong gains in Singtel and UOB.
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International
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
Hong Kong holds rate as Fed signals inflation concerns
Australian business strength is shocking even its biggest lender
South Korea’s factory activity shrinks in April, but optimism about outlook ticks up