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Daily Debrief: What Happened Today
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BILLIONAIRE Jack Ma's Ant Financial Services said it may apply for a virtual banking licence in Singapore, a move that would add a heavyweight contender to the race.
OVERALL, SGX's energy/oil & gas sector generated a total return of 7.6 per cent in the month of October, the second straight month of positive returns after September's +0.3 per cent, and a reversal from the -8.9 per cent return in August.
IN response to the Singapore Exchange (SGX) queries the firm said on Nov 12 it expects to realise cash proceeds of about A$400 million from the settlement and handover of units for Australia 108 in the next 12 months.
ASCENDAS India Trust (a-iTrust) is launching a private placement of at least 66.3 million units at an issue price of between S$1.465 and S$1.508 to raise gross proceeds of at least S$100 million.
SINGAPORE rose three notches to edge out Germany for 10th spot while Switzerland topped this year's IMD World Talent Ranking, followed by Denmark, Sweden, Austria and Luxembourg.
The STI today
THE Straits Times Index (STI) reversed Monday’s gains, skidding 19.79 points or 0.6 per cent to close at 3,238.87.