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Daily Debrief: What Happened Today
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A weighted 22 per cent of manufacturers expect a softer business outlook for the period between July to December 2019, while only a weighted 11 per cent anticipates business conditions to improve.
FINNISH biofuel producer and oil refiner Neste is spending 1.4 billion euros (S$2.14 billion) to more than double output at its Singapore refinery to meet rising global demand for renewable energy.
HYFLUX and three of its subsidiaries have applied to the court for a further extension of the debt moratorium, the troubled water treatment firm said in a bourse filing on Wednesday morning.
THE private placement announced late Tuesday drew strong demand from new and existing investors which led to the book being approximately 3.2 times subscribed, FLT said.
FLEXIBLE space operator JustCo is set to lease a 16-storey building in Seoul's Gangnam business district for its largest location, raising its bets on growing demand for co-working space, while eyeing new markets like Japan, Vietnam and India.
- CRCT posts Q2 DPU of 2.54 S cents on stronger rental growth from core malls
- IndoAgri sinks deeper into the red with Q2 loss of 216.5b rupiah
- Parkway Life Reit raises Q2 DPU by 2.6% on higher rent from Singapore hospitals
The STI today
THE Straits Times Index (STI) slide 49.79 points or 1.5 per cent to end July at 3,300.75