Daily Debrief: What Happened Today
Stories you might have missed
Hot stock: Venture Corp slides more than 4% to S$14.65
The stock has fallen more than 50 per cent from its peak of S$29.51, which it touched in mid-April this year.
More grants to help Singapore businesses lift energy efficiency
SINGAPORE'S businesses are getting extra help to bolster their energy efficiency as the world transitions to a lower carbon economy.
EMA in energy storage tie-up with PSA, Sembcorp Industries
SOLAR is the most viable source of renewable energy for Singapore, but to fully exploit its green potential calls for the use of one game-changing technology.
Singapore most active in private equity, venture capital activity in region in Q2: EY report
PRIVATE equity (PE) and venture capital (VC) activity in South-east Asia during the second quarter of 2018 remained robust, with about US$1.3 billion worth of investments pumped into 36 deals.
Singapore dollar 'too strong' relative to external and domestic factors: DBS Group Research
IN a research note, FX (forex) strategist Philip Wee and economist Radhika Rao said they now believe that that USD/SGD will rise to 1.40 by the end of this year and stay above that level into 2019.
JTC launches Jalan Lam Huat site in Kranji for tender
JTC has launched a 0.77 hectare industrial site in the Kranji area for tender, the fourth of six Confirmed List sites under the Industrial Government Land Sales (IGLS) programme for the second half of this year.
Corporate earnings
Far East H-Trust Q3 DPS creeps up to 1.05 Singapore cents; net property income up 11.8% to S$27.7m
The STI today
Singapore shares close 0.5% lower on Tuesday
SINGAPORE shares closed lower on Tuesday, with the Straits Times Index down 0.5 per cent or 15.09 points to 2,966.45.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Ecuador president declares state of emergency over energy crisis
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