Daily Debrief: What Happened Today
Stories you might have missed
The FT last week published two reports about alleged wrongdoing at Wirecard's Singapore office that sent shares in the member of the blue-chip DAX falling the most in more than a decade on Friday.
Former SMRT CEO Desmond Kuek to join UBS global wealth management
Mr Kuek will be based in Singapore, reporting to Joe Stadler, head of ultra high net worth, and Edmund Koh, president of UBS APAC.
Maybank gives Hyflux more time to execute agreement for Tuaspring
Maybank is now giving Hyflux until February 28, 2019 to execute a binding agreement with a successful bidder or investor, an extension of the Oct 29, 2018 deadline earlier agreed upon.
SGX rejects Green Build's request for more time to announce FY18 results
Green Build had asked SGX to extend the deadline for reporting its results by two months to May 1, but its rejection means the company will have to announce its FY2018 results by March 1.
Popiah King's son Ben Goi dies of a heart attack in KL
Mr Goi died of a heart attack in Malaysia on Sunday morning and his body was repatriated to Singapore on Sunday night.
Corporate earnings
The STI today
STI closes Monday down 0.1% to 3,184.56
SINGAPORE shares closed lower on Monday, with the Straits Times Index (STI) down 4.12 points or 0.1 per cent to 3,184.56.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
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