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Daily Debrief: What Happened Today
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"HOUSING loan growth was mainly from our regional markets, which saw quarter-on-quarter and year-on-year mortgage loans growth," said a UOB spokeswoman in response to queries from The Business Times.
SINGAPORE’S GIC has acquired a 10 per cent interest in Geneva-based Terminal Investment Limited (TIL), the sixth-largest container terminal operator in the world, at an undisclosed price.
SGX flagged the unusual price movements and asked the cord blood banker if it knew of any information which could explain the trading.
THE lenders are Bank of China's Singapore branch, BNS Asia, DBS Bank, OCBC Bank and Standard Chartered Bank's Singapore branch, the Reit’s manager said on Friday before the market opened.
THE insurer, which is majority-owned by Singapore lender OCBC Bank, had earlier announced it had agreed to sell the Indonesia-registered firm to PT Suryasono Sentosa for some US$1.4 million back in January this year.
- UOB posts 8% rise in Q1 profit to S$1.05b on stronger income growth
- Great Eastern Q1 profit more than doubles to S$342.7m on investments
- Frasers Property Q2 earnings up 8.3% to S$120.4m; to pay out 2.4 Singapore cents per share
- SembMarine Q1 profit falls 67.8% to S$1.7m on lower revenue
The STI today
THE Straits Times Index was lower by just 0.03 per cent or 1.04 points to 3,392.29.