Daily Debrief: What Happened Today
Stories you might have missed
GE2020: DPM Heng moves to East Coast GRC; first three-cornered GRC fight in Pasir Ris-Punggol
DEPUTY Prime Minister Heng Swee Keat's move from Tampines GRC to East Coast GRC; the first multi-cornered fight for a group representation constituency (GRC); and two new People's Action Party (PAP) candidates standing in single seats were among the surprises at Nomination Day on Tuesday, as political parties confirmed their slates for the July 10 General Election.
Wirecard to assess Singapore services amid parent's insolvency filing in Germany
WIRECARD has told Singapore regulators it is "assessing" if it can continue providing services in the Republic, with the parent of the German fintech collapsing into insolvency this month after admitting that 1.9 billion euros (S$2.98 billion) in cash on its balance sheet is likely non-existent, amid ongoing investigations into wide-scale accounting fraud.
Singapore bank lending falls for third straight month in May: MAS data
BANK lending in Singapore fell 0.6 per cent in May from a month ago on the back of broad weakness across all segments, preliminary data from the Monetary Authority of Singapore showed on Tuesday.
URA launches Jalan Anak Bukit site under dual-envelope tender
THE 3.22 hectare site, which is on the confirmed list of the first-half 2020 government land sales programme, can potentially yield about 845 private homes and generate up to 1.04 million square feet of gross floor area.
The STI today
Singapore shares rise on better economic data, STI up 0.6%
THE Straits Times Index (STI) ended the day at 2,589.91 points, up 15.81 points or 0.6 per cent.
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International
Bank of Korea chief signals readiness to deal with volatile currency moves
Banks told to anticipate risks from using AI, machine learning
Earthquake jolts southern Japan’s Ehime, Kochi prefectures
Climate impacts set to cut 2050 global GPD by nearly a fifth
G7 foreign ministers meet in Italy amid calls for sanctions on Iran
IMF calls for fiscal restraint in year with most elections ever