Daily Debrief: What Happened Today
Stories you might have missed
MCL Land awarded Eunosville site at S$765.78m or S$909 psf ppr
Hong Kong Land unit, MCL Land, has clinched the Eunosville site through a collective sale, at a price of S$765.78 million.
Perennial Real Estate confirms interest in United Engineers
Perennial Real Estate Holdings Ltd has confirmed its interest in property group United Engineers Ltd. Singapore-listed Perennial said in a Thursday release before market close to the Singapore Exchange (SGX) that "it had, as part of a consortium, submitted a proposal in relation to United Engineers Limited".
Terrorism threat to Singapore the 'highest' in recent years: MHA
The Ministry of Home Affairs (MHA) said on Thursday that the terrorism threat to Singapore remains the "highest" in recent years.
Former transport minister Lui Tuck Yew appointed Singapore's ambassador to Japan
Singapore's former transport minister, Lui Tuck Yew, has been appointed the city-state's ambassador to Japan. The Ministry of Foreign Affairs (MFA) announced this in a Thursday statement.
CapitaLand buys Guozheng Centre for S$535m; divests Innov Tower
Capitaland said on Thursday that it has agreed to buy Guozheng Center, a newly completed office development in Yangpu District, Shanghai, China, for RMB2.64 billion (S$535 million).
Bank of Singapore to keep hiring in hunt for growth: CEO
Bank of Singapore, which recently broke into the ranks of Asia's top 10 private banks, intends to keep hiring more relationship managers and focus on serving a wealthier bracket of customers to keep expanding its assets under management.
Loyz says reviews strategic options regularly as share price climbs in active trade
Loyz Energy said on Thursday that it reviews its strategic options on an ongoing basis following a 5 per cent jump in its share price.
k1 Ventures divests stake in US unit holding childcare centre assets for US$29m
Investment firm k1 Ventures has signed a redemption agreement with National Realty Trust to divest its 10.2 per cent equity interest in KUE 3 LP for about US$29 million.
The STI Today
Singapore shares finish higher as banks push STI up again
Wednesday's window-dressing push that saw the Straits Times Index jump higher in the final seconds and volume hit S$2 billion continued on Thursday, albeit with much less intensity - the index gained 25.14 points at 3,235.96 but volume dropped sharply down to 2.1 billion units worth S$1.3 billion.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Australia’s March employment unexpectedly falls 6,600, jobless rate ticks up to 3.8%
China education firms learn tough lessons overseas
A deep dive into China’s expectations-beating GDP growth
Rich China tourists drive luxury demand in Japan on weak yen
Philippine central bank’s deputy governor sees upside risks to inflation
IMF says US, China debt pose risks for global public finances