Daily Debrief: What Happened Today
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EMBATTLED commodities trader Noble Group may seek court-appointed administration in Britain after Singapore authorities blocked its relisting plans, and is disputing regulators' allegations of improper accounting, the board said early on Friday.
British tycoon buys controlling stake in insurtech Singapore Life
INSURTECH Singapore Life has a new controlling shareholder in British billionaire Michael Spencer, who invested a further US$50 million into the Singapore-based firm late this week, Singapore Life told The Business Times.
KONE opens new regional headquarters in Singapore
ELEVATOR and escalator manufacturer KONE has expanded its presence in Singapore with a new Asia-Pacific headquarters at MapleTree Industrial New Hi-Tech Space.
Brent cannot be trademarked, rules Singapore IP watchdog in US exchange operators' tussle
BRENT cannot be trademarked, rules Singapore's intellectual property (IP) watchdog in a dispute between two major American operators of market exchanges over registered trademarks related to Brent, a global benchmark for oil prices.
Medinex starts trading on Catalist higher than IPO price
CATALIST-LISTED Medinex opened at S$0.285 on its trading debut, up from its initial public offering (IPO) price of S$0.25 per share.
The STI Today
Singapore shares end lower on Friday
SINGAPORE shares closed lower on Friday, with the Straits Times Index down 4.4 points or 0.1 per cent to 3,111.12.
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International
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons