Daily Debrief: What Happened Today
Stories you might have missed
Singapore shares tumble to lowest in more than 4 years
Singapore's blue chip Straits Times Index tumbled to its lowest in more than four years on Wednesday amid nagging concerns over crude oil prices and the faltering Chinese economy.
Small car COE premium rebounds
It was no surprise that the second bidding exercise for January saw the certificate of entitlement (COE) premium for small cars rebounding strongly.
Industrial S-Reits to be acquisitive in 2016: Moody's
Singapore industrial real estate investment trusts (Reits) will continue to look overseas for acquisitions in 2016 as they pursue asset growth and yield accretion, away from challenging domestic business conditions, Moody's said in a Wednesday report.
Secura offers 112m shares with detachable warrants
Security firm Secura Group, whose key shareholders include remisier king Peter Lim, on Wednesday offered 112 million shares at 25 Singapore cents in its initial public offering.
Ezra shares take a beating on proposed share consolidation
Shares of offshore marine company Ezra Holdings took a beating on Wednesday following news of a proposed share consolidation.
Sembcorp, SembMarine in active trading on privatisation rumours
Sembcorp Marine (SembMarine) and its parent company Sembcorp Industries were in active trading on Wednesday morning following rumours of a full takeover by the parent firm or just an injection of funds into Sembcorp Marine.
SIA to launch flights from Singapore linking Canberra, Wellington
Singapore Airlines (SIA) will operate flights to both the Australian and New Zealand capitals from Sept 20, making it the first airline with flights linking the two cities.
Corporate Earnings
The STI Today
Singapore shares close 3% lower on Wednesday
Singapore stocks ended 3 per cent lower on Wednesday, with the Straits Times Index falling 78.7 points to 2,559.77.
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International
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
Inflation in Japan’s capital falls below BOJ target, slows for second month