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Daily Debrief: What Happened Today
Explosions tore through the departure hall of Brussels airport and a Brussels metro station close to EU institutions on Tuesday morning.
Two SMRT maintenance staff were killed in an accident along the train track near Pasir Ris MRT station on Tuesday morning, with train services on the East-West Line between Tanah Merah and Pasir Ris stations suspended for more than two hours.
Noble Group Ltd founder and chairman Richard Elman, with more than five decades of experience in commodities, said that you simply can't tell when raw material markets are turning, evoking wartime British prime minister Winston Churchill to help make his point.
Petrochemical Corporation of Singapore (Private) Limited (PCS) will be investing US$80 million to build new naphtha import facilities in Singapore.
Aspial Corp said that it will provide an unconditional and irrevocable guarantee for an offering by its wholly-owned unit of up to S$75 million four-year bonds due 2020.
OKH Global shares regained some footing on Tuesday after a couple of tumultuous trading sessions last week and on Monday, with the counter inching up by 1.9 Singapore cents or 27 per cent to nine Singapore cents at 12.30pm.
Ezra Holdings has launched an exercise seeking consent from noteholders of its S$150 million notes due 2018 - and will convene a meeting with its noteholders on April 13 - to seek their approval to make certain amendments to the trust deed and the issue.
The STI Today
The Straits Times Index on Tuesday underwent a quiet session, settling for a 0.04 of a point loss at 2,880.65 in a relatively quiet session that saw two billion units worth S$1.2 billion traded. Overseas markets did not provide much direction - the Dow futures slipped marginally, Hong Kong dropped slightly and Europe opened weak. Excluding warrants, there were 191 rises versus 193 falls.