Daily Debrief: What Happened Today
Stories you might have missed
New bonds by Temasek fund could pave way for retail access to private equity
A Temasek Holdings-owned fund of private equity funds is offering a new kind of bond that could eventually pave the way for retail investors to access to the asset class.
MAS launches public consultation for fintech 'regulatory sandbox'
The Monetary Authority of Singapore (MAS) has launched a public consultation for proposed guidelines on a "regulatory sandbox" that will enable financial institutions as well as non-financial players to experiment with financial technology (fintech) solutions.
It's official: QIA buys Asia Square Tower 1 for S$3.4b
This marks the largest single-tower real estate transaction in Asia-Pacific to date, and the second largest single-tower real estate transaction globally.
PM Lee to make three-day official visit to Myanmar
Prime Minister Lee Hsien Loong will make a three-day official visit to Myanmar from Tuesday to Thursday, at the invitation of Myanmar President Htin Kyaw.
Shoppers' paradise lost? Singapore's malls suffer as locals, tourists curb spending
After serving only a handful of customers in five hours on a recent weekday, Sam Goh said he was worried the sportswear shop he manages, LIV ACTIV, will eventually join other brands in leaving Singapore's Orchard Road shopping boulevard.
Hot stock: Noble sinks further following cash call news
Shares of commodity trader Noble Group fell further in trading on Monday, after it announced a US$500 million one-for-one rights issue last week.
So long and thanks for all the fish: Underwater World Singapore to close
Underwater World Singapore will shutter its doors with its last day being June 26, after 25 years of operation, it said on Monday.
The STI Today
Share prices rise with STI up 0.8%
Share prices in the local bourse ended higher on Monday with the key Straits Times Index up 22.05 points or 0.8 per cent at 2,831.28.
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International
Ecuador president declares state of emergency over energy crisis
US Senate has agreement on Fisa reauthorisation, will vote on Friday night, Schumer says
US expects to finalise new Aukus trade exemptions in next 120 days
IMF concerned about debt, fiscal challenges facing low-income countries
Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising
Colombian fund managers eye US$750 million fee bonanza after senators tweak pension bill