Daily Debrief: What Happened Today
Stories you might have missed
Singapore, Kuala Lumpur committed to keep supplies flowing across Causeway
SINGAPORE and Malaysia have a shared commitment to keep supplies flowing in from across the Causeway - and Singapore's supply chain is resilient enough to withstand any potential disruptions going forward, according to Minister for Trade and Industry Chan Chun Sing.
Uber appeal against CCCS decision dismissed, S$6.58m fine upheld
THE Competition Appeal Board said that while Singapore has a voluntary notification merger regime, this does not mean that there are no risks to going ahead with a merger before notifying the Competition and Consumer Commission of Singapore.
New home sales to hover at 10,000 in 2020: analysts
DEVELOPERS sold 1,217 new homes in December, up almost 60 per cent over the November figure, data compiled by analysts showed.
Aspen's glovemaking unit secures US$100m in sales for 2021
THIS amounts to an estimated one billion pieces of nitrile or natural rubber medical grade examination gloves to be produced from May 1 to Dec 31, 2021.
Grand Venture Technology inks pact for proposed S$23.6m placement
THE Catalist-listed manufacturing service provider is proposing to issue 71.5 million new shares in the company at S$0.33 apiece.
Citi's Asia consumer banking head returns to US in leadership shuffle
GONZALO Luchetti, who has been running Citi's consumer banking business for Asia-Pacific and EMEA since 2018, will return to the US to head the consumer banking unit from Feb 1.
The STI today
STI reverses loss to end 0.01% higher
THE benchmark Straits Times Index (STI) ended its two-day losing streak to finish 0.34 points or 0.01 per cent higher at 2,977.51, taking cue from Wall Street’s overnight gains on Tuesday.
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International
Fed survey cites inflation, US election as key financial stability risks
Oil prices steady after Iran plays down reported Israeli attack
G7 pledges swift aid for Ukraine, seeks to calm Middle East
H5N1 strain of bird flu found in milk: WHO
China moves to boost foreign investment in domestic tech companies
Xi orders China’s biggest military reorganisation since 2015