Daily Debrief: What Happened Today
Stories you might have missed
5 best-performing billionaire stocks returned 49% year to date: SGX
OVER the last 12 months, the top five performers were Hi-P International (89.8 per cent), SBS Transit (47.4 per cent), Thai Beverage PCL (38 per cent), Venture Corp (35.1 per cent), and Silverlake Axis (34.7 per cent).
Singapore, Malaysia to start talks on maritime boundary delimitation within a month
THE dispute over maritime boundaries was one of several current bilateral issues that both leaders addressed during their meeting; others included airspace, water and connectivity.
Hyflux default signals more trouble ahead for Singapore bond market: S&P
S&P Global Ratings also noted, in its report dated April 8, that the credit horizon for the Singapore dollar bond market could be cloudy over the next 12 to 18 months.
50:50 cash and share mix for Ascendas-Singbridge most prudent: CapitaLand CEO
CAPITALAND is buying Ascendas-Singbridge from Temasek Holdings in a deal worth S$11 billion, which includes debt owed by Ascendas-Singbridge and a S$6 billion consideration to parent company Temasek.
Ascott bags contracts to manage 14 properties across 8 countries
THE countries include China, Germany, India, Indonesia, Japan, Malaysia, Thailand and Saudi Arabia.
The STI today
Singapore shares add 0.3% on Tuesday THE Straits Times Index (STI) overturned Monday's dip to close 10.18 points or 0.3 per cent up at 3,325.60 with 13 of the 30 blue chips that THE Straits Times Index (STI) overturned Monday's dip to close 10.18 points or 0.3 per cent up at 3,325.60 with 13 of the 30 blue chips that make up the STI ending in the black.
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International
China’s central bank hints it may add treasury bond trades to policy toolkit
US business activity cools in April; inflation measures mixed
India’s inflation at risk from extreme weather, geopolitical issues: central bank
Thailand to replace military-appointed Senate, reduce its powers
Bankers lose hope of London IPO revival for another year
Decarbonisation schemes are generating hot air