Daily Debrief: What Happened Today
Stories you might have missed
Singapore non-oil exports fall 5.9% in February after 6 months of growth NON-oil domestic exports (N NON-oil domestic exports (NODX) shrank 5.9 per cent in February from the same month a year earlier.
Strong start to year with Singapore firms raising US$816.9m in equity capital markets AMOUNTS raised by such companies through initial public offerings (IPO), follow-on and convertible offerings, represent a 32.7 per cent increase in proceeds compared with the same AMOUNTS raised by such companies through initial public offerings (IPO), follow-on and convertible offerings, represent a 32.7 per cent increase in proceeds compared with the same period in 2017, while the number of ECM issuances grew 18.2 per cent from a year ago.
HSBC Singapore ramping up investment for consumer and wholesale business, hiring 300 more HSBC is ramping up its Si HSBC is ramping up its Singapore operations to grab a bigger share of the consumer and wholesale banking business.
URA launches tenders for residential sites at Mattar Road, Silat Avenue THE land parcel at Mattar Road, which is under a 99-year lease, has a site area of 6,230.2 square metres (sq m) with a maximum gros THE land parcel at Mattar Road, which is under a 99-year lease, has a site area of 6,230.2 square metres (sq m) with a maximum gross floor area (GFA) of 18,691 sq m. It can yield an estimated 250 units.
Bank of Singapore seeks to expand its family office business BANK of Singapore, the private bank of Oversea-Chinese Banking Corp, is looking to expand its family office business as th BANK of Singapore, the private bank of Oversea-Chinese Banking Corp, is looking to expand its family office business as the city-state rolls out the red carpet for wealthy investors.
Fintech Ayondo registers offer documents for Catalist listing THE move is set to make it the first financi THE move is set to make it the first financial technology, or fintech, firm on the Catalist junior board.
Toys 'R' Us says Asia business not affected by US closures IT'S business as usual at Toys 'R' Us in Asia, where the company is even expanding - IT'S business as usual at Toys 'R' Us in Asia, where the company is even expanding - despite its operations winding down in the United States.
The STI today
Singapore shares close 0.2% down SHARE prices in the Singapore bourse extended its losses for the third straight day with the key Straits Times Index (STI) down 5.6 points or 0.2 per cent SHARE prices in the Singapore bourse extended its losses for the third straight day with the key Straits Times Index (STI) down 5.6 points or 0.2 per cent to finish at 3,512.14 on Friday.
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International
US Senate has agreement on Fisa reauthorisation, will vote on Friday night, Schumer says
US expects to finalise new Aukus trade exemptions in next 120 days
IMF concerned about debt, fiscal challenges facing low-income countries
Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising
Colombian fund managers eye US$750 million fee bonanza after senators tweak pension bill
Fed survey cites inflation, US election as key financial stability risks