Daily Debrief: What Happened Today
Stories you might have missed
Singapore SMEs to get extra boost to send workers for training
MORE help is on the way to encourage firms to send workers for training, said Senior Minister of State for Trade and Industry Koh Poh Koon during a visit to Singapore medtech manufacturing firm Racer Technology on Monday morning.
Ex-Citibank Singapore CEO Han Kwee Juan joining DBS as group head of strategy and planning
MR HAN will report to CEO Piyush Gupta and be a member of the group management committee.
UOB sued by former London branch employee for race discrimination
DANIEL Smith, who worked at Singapore's third-largest bank for 23 years, said a manager told him that a candidate from South-east Asia was a better "fit" for a role.
Broker's take: OCBC downgrades First Reit to 'sell' on concerns of valuation and sponsor
OCBC Investment Research has downgraded First Reit from "hold" to "sell" as valuations are still not compelling, and concerns over the Reit's (real estate investment trust) main revenue contributor and sponsor remain.
Yoma Strategic buying Myanmar restaurant chain Yankin Kyay Oh for 19.4b kyat
The amount, to be funded by internal resources and recent financing activities, took into account the current and projected earnings of YKKO as at Sept 30, 2018.
Corporate earnings
The STI today
Singapore shares climb 0.1% on Monday
SINGAPORE shares regained their footing to climb higher on Monday, with the Straits Times Index gaining 0.13 per cent or 4.23 points to 3,206.27.
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International
When US diplomats visit China, meal choices are about more than taste buds
China’s first-quarter industrial profits rise at slower pace
Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked