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Daily Debrief: What Happened Today
Noble halts trading pending major deal; was in talks to sell oil trading unit
TRADING in shares of embattled commodities firm Noble Group was halted a minute after noon on Friday, pending announcement of a "major transaction".
SIA to buy more Boeing planes, TPP updates may arrive by Apec summit: PM Lee
PRIME Minister Lee Hsien Loong expects to witness Singapore Airlines (SIA) placing additional airplane orders from Boeing during his coming visit to the United States, he said in an interview with CNBC reported on Friday.
Grab bags US$700m financing, partners SMRT to build region's 'largest car rental fleet'
RIDE-HAILING company Grab on Friday announced it has secured debt facilities of up to US$700 million and signed an exclusive partnership with SMRT to build the "largest and most advanced (rental) fleet in Singapore".
Open Electricity Market to roll out in Jurong in April 2018
COME April 2018, households and businesses in Jurong will be the first in Singapore to have the option of choosing their electricity retailers in the soft launch of a fully liberalised power market.
Few more Catalist IPOs expected by year's end: SGX executive
A FEW more new listings by year's end should raise the number of Catalist-listed companies past 200 from the current 197, Singapore Exchange (SGX) head of equity capital market and capital market development Mohamed Nasser Ismail said on Friday.
Hong Kong-listed Logan Property bags Florence Regency for S$629m
FLORENCE Regency, a privatised HUDC estate in Hougang, has finally found a buyer who is willing to match the independent valuation of S$629 million - and that buyer is Logan Property.
- Frasers Commercial Trust posts 1.6% dip in Q4 DPU at 2.41 S cents
- CapitaLand Commercial Trust's Q3 DPU up 2.6% at 2.36 S cents
The STI Today
Singapore shares close 5.82 points higher on broad optimism
BROAD optimism in global economies and better US earnings continued to fuel Singapore equities' staying power on Friday after it extended gains made in the past four sessions.