Daily Debrief: What Happened Today

Singapore companies have improved risk transparency: ISCA-KPMG study

There have been significant improvements in corporate governance disclosures in Singapore companies since 2013, a study has found, though it underlined the need for more attention to be paid to disclosure on areas not stated in the guidelines.

Merger between ST Telemedia portfolio company Level 3 and CenturyLink worth US$34b

The US$34 billion merger between ST Telemedia's portfolio company, US Internet service provider Level 3 Communications, and CenturyLink will put the combined company in a better position to further invest in broadband infrastructure for small businesses and consumers.

SingPost launches Centre of Innovation, opens eCommerce Logistics Hub

Singapore Post (SingPost) on Tuesday launched a Centre of Innovation (COI) as it opened its S$182 million Regional eCommerce Logistics Hub to process parcels for delivery within Singapore and destinations worldwide.

Imperium Crown to invest S$5m into two cineplexes in China

Property investment firm Imperium Crown is planning to invest S$5 million in two cineplexes in China, which it says will open opportunities for the group to tap into China's booming film industry.

Corporate Earnings

The STI Today

Singapore shares close flat after early jump fizzles out

Better-than-expected China manufacturing numbers on Tuesday helped lift sentiment throughout the region, adding about 19 points to the Straits Times Index at 2,832 during the morning session.