Daily Debrief: What Happened Today
Stories you may have missed.
Singtel to buy 21% of Intouch, 7.39% of Bharti Telecom from Temasek for S$2.47b
Singapore Telecommunications (Singtel) said on Thursday it plans to buy a 21 per cent stake in Intouch Holdings and a 7.39 per cent stake in Bharti Telecom (BTL) from Temasek Holdings for S$2.47 billion in cash to deepen its foothold in the high-growth wireless markets of Thailand and India.
Singapore slaps 2 more charges of witness tampering against ex-BSI banker in 1MDB probe
Singapore prosecutors filed two more charges on Thursday against former BSI banker Yeo Jiawei for tampering with witnesses in an ongoing probe into 1Malaysia Development Berhad (1MDB).
Fintech to be a key differentiator for Singapore: Iswaran
Fintech, or financial technology, will be a key differentiator for Singapore's economy and its financial sector, said Minister for Trade and Industry (Industry) S Iswaran on Thursday.
StarHub reintroduces 12GB mobile data bundles
The telco said SurfHub, launched on Thursday, will offer customers a bundle of two StarHub services - 4G mobile postpaid line with at least 12GB of data and 1Gbps fibre home broadband subscription - from S$96.56 monthly over 24 months.
Olympics: Thousands at Singapore swimmer Schooling's parade
Thousands turned out Thursday at a victory parade for swimmer Joseph Schooling, who clinched the country's first Olympic gold medal with a stunning victory over his boyhood idol Michael Phelps.
Ex-BSI Asia CEO Brunner settles Singapore bonus suit with bank
Hanspeter Brunner, BSI SA's former Asia chief who was referred to Swiss and Singapore regulators over the bank's ties with a Malaysian state firm, has settled a lawsuit seeking deferred payments, according to the bank's lawyer.
Vard Holdings bags US$70m contract
Norwegian shipbuilder Vard Holdings has won a contract for the design and construction of three module carrier vessels for Kazakhstan shipping firm Kazmortransflot.
Corporate Earnings
The STI Today
Singapore shares closed lower with the benchmark Straits Times Index losing 6.4 points or 0.2 per cent to finish at 2,836.98 on Thursday.
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International
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
Fed survey cites inflation, US election as key financial stability risks