You are here
Daily Debrief: What Happened Today
Singapore companies were more tardy about paying bills in the first quarter of 2016, the first deterioration of payment performance after three quarters of improvement, the Singapore Commercial Credit Bureau said on Monday.
The trustees of an estate that holds a 25,741-square-foot freehold site on the ultra-prime Cuscaden Road are putting the property up for sale by tender.
Singapore's aunties and uncles piled into a S$200 million retail bond last week from Aspial Corporation, drawn to a juicy 5.3 per cent yield despite the unusually high leverage of the jewellery-to-property group.
About eight in 10 residents in Singapore give the city-state's transport system the thumbs up, according to a recent poll commissioned by REACH.
Optus, Australia's second-biggest mobile- phone carrier, plans to cut as many as 480 jobs as it revamps its consumer and enterprise divisions and seeks sustainable growth.
Shares of Rickmers Maritime soared more than 30 per cent in heavy trade on Monday morning, prompting Singapore Exchange (SGX) to query the trust on its "unusual" trading activity.
The STI Today
With Hong Kong and China closed for a public holiday, volume here dwindled to its lowest in two weeks at 1.4 billion units worth S$743 million on Monday. The Straits Times Index, which dropped 54 points on Thursday and Friday, managed a 16.86-point rebound to 2,835.35, led mainly by Singtel and two banks. Excluding warrants, the advance-decline score was 200 to 182.