Daily Debrief: What Happened Today

Singapore NODX rises 4.5% in April, up from March's 0.1%

Singapore's non-oil domestic exports (NODX) continued to pick up in April from March but still tumbled from a year ago.

NRF awards S$40m venture capital funds to CapitaLand, DeClout, Wilmar, YCH

The National Research Foundation (NRF) of Singapore has committed S$40 million in venture capital funds to four large local enterprises, in a first-of-its-kind partnership with industry players under its Early Stage Venture Fund scheme.

HSR fined, barred from en bloc deals for one year

The Council for Estate Agencies said on Tuesday it has imposed a financial penalty of S$74,000 on real estate agency HSR International Realtors for two counts of acting for a client in a way that puts its interests in potential conflict with that of the client, without declaring so in writing to the client.

BSI said to probe bank employees on 1MDB-related dealings

BSI SA, the Swiss bank embroiled in global probes into 1Malaysia Development Bhd, is said to be investigating employees and their dealings related to the embattled Malaysian state investment fund, according to people familiar with the matter.

Hyflux launches offer of up to S$300m perpetuals at 6%

Water-treatment firm Hyflux has launched an offer of up to S$300 million of perpetual capital securities (perps) paying out 6 per cent a year.

Fitch Ratings downgrades Noble to 'BB+' with stable outlook

Fitch Ratings has downgraded the long-term issuer default rating of Hong Kong-based commodities trader Noble Group Limited to "BB+" from "BBB-" with stable outlook.

NTU launches new research centre for 3D printing

Minister for Trade and Industry S Iswaran on Tuesday launched Nanyang Technological University's (NTU) new Singapore Centre for 3D Printing. This new research centre will allow companies to tap new technologies in 3D printing, also known as additive manufacturing, and to study and recommend new industry standards for 3D printing.

The STI Today

Singapore shares close higher as STI rebounds 1.7%; penny activity fades

Traders on Tuesday continued their churning of the lowest-priced stocks in the market but news of online trading restrictions on some of the recent, more speculative plays placed a dampener on their efforts.