Daily Debrief: What Happened Today
Stories you might have missed
MAS and Americas bank supervisors' body to bolster fintech ties
The Monetary Authority of Singapore (MAS) and the Association of Supervisors of Banks of the Americas (ASBA) have inked a memorandum of understanding (MOU) to bolster fintech (financial technology) ties between Singapore and the Americas.
EU fears Brexit delay, uncertainty after shock UK vote
European Union leaders fear Prime Minister Theresa May's shock loss of her majority in the snap British election she called will delay Brexit talks due to start this month and raise the risk of negotiations failing.
Hot stock: iFAST jumps 18% after becoming SGX securities trading and clearing member
Online investment products distribution platform iFAST Corporation jumped 18 per cent to S$0.975 as at 3.25pm on Friday, up S$0.15, upon news of it being admitted as a Singapore Exchange securities trading and clearing member.
GuocoLand announces S$170m bond issue
Public-listed property company GuocoLand has proposed to issue bonds worth S$170 million, at 3.85 per cent, to lenders.
Linc Energy seeks extension for submission of proposal to resume share trading
Liquidators of Linc Energy said on Friday they have applied to Singapore Exchange (SGX) for a one-year extension for the submission of a proposal to resume trading in the company's shares.
IHH Healthcare breaks ground for new Shanghai hospital set to open in 2020
In a sign that marks its entry into its next phase of growth in Greater China, IHH Healthcare broke ground for Gleneagles Shanghai Hospital with its partners.
The STI Today
Singapore shares close 17 points higher
Shares in the local bourse shrugged off the astonishing outcome of the UK election, with the key Straits Times Index rising 17.14 points or 0.53 per cent to 3,254.19.
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International
Outgoing Singapore, Indonesia leaders to hold their final retreat in Bogor on Apr 29
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
China passes tariff law as tensions with trading partners simmer
Blinken meets Chinese counterpart Wang Yi in Beijing
South Korea’s public finances no longer a credit rating ‘strength’: Fitch
UK consumer confidence improves as inflation and taxes fall