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Daily Debrief: What Happened Today
Cairnhill Mansions, a freehold development in prime district 9, will be launched for collective sale in the next few weeks with an asking price of S$362 million. More than 80 per cent of owners have signed the collective sale agreement, joining the hot spate of en bloc launches this year.
SIA Engineering Company (SIAEC) conducted its largest share buyback exercise in a year on Wednesday, hauling back 419,300 shares as its stock slumped to a six-year low on Wednesday.
HDB resale prices slipped 0.3 per cent in September from a month ago, marking a reversal from a 0.2 per cent uptick in August, SRX Property flash estimates show.
THE SkillsFuture for Digital Workplace was launched on Thursday by Minister for Education (Higher Education and Skills) Ong Ye Kung.
Singaporean billionaire investor Peter Lim has lodged two police reports against online scams involving false and misleading accounts using his name and images.
There's a chance the Monetary Authority of Singapore may surprise financial markets by tightening its policy stance this month, according to Pacific Investment Management, a move that could make it among the first central banks in Asia to do so.
A consortium led by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) has developed new blockchain software prototypes which decentralise payment netting while preserving transactional privacy.
CIMB is maintaining its call for investors to add more City Developments Limited (CDL) shares, following the developer's successful bid for Amber Park with a record price tag of S$906.7 million.
UOB Kay Hian maintained a hold call on Sembcorp Marine on Thursday morning, stating that the recent termination of the Oro Negro rig-building contracts should have no impact on SembMarine's bottom line in the coming quarters.
The STI Today
After a two-day correction (or a bout of short-selling), a rebound (or short-covering) in the three banks on Thursday helped elevate the Straits Times Index (STI) by 25.19 points to 3,261.84.