Singapore Wrap Thursday
Today's notable stories
Six Singapore companies make it to Forbes Asia's 'Best Under a Billion' list
Six Singapore companies have made it to Forbes Asia's "Best Under a Billion" list this year, three more than in 2014.
Bank of China in US$3.55 billion multi-currency landmark deal, includes S$500 million tranche
Bank of China (BOC) has priced a US$3.55 billion multi-currency, multi-location landmark transaction.
Standard Chartered Private Equity invests US$52m in Crystal Jade
Standard Chartered Private Equity (SCPE) has invested US$52 million in Crystal Jade Group Holdings which is an L Capital Asia portfolio company.
Sibor and SOR data to be subject to fees from Oct 1, 2015
Singapore interbank offered rate (Sibor) and ABS swap offer rate (SOR) data will be subject to a monthly usage fee of US$1,500 each for subscribers from Oct 1, 2015, the benchmarks' administrator said on Thursday.
Ascott Reit to acquire seven assets in Australia and Japan for S$298.3m
Ascott Residence Trust (Ascott Reit) will acquire three serviced residences and four rental housing properties in Australia and Japan for S$298.3 million, which are expected to increase Ascott Reit's distribution income for FY2014 by S$3.9 million and distribution per unit by 2.9 per cent from 8.20 cents to 8.44 cents on a pro forma basis.
The STI Today
Singapore shares close flat on Thursday
Mirroring an apparent impasse in the eurozone over Greece's bailout, Singapore shares ended unchanged on Thursday with the Straits Times Index down a marginal 1.46 points to 3,349.87.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US airlines forecast record 2024 summer travel, up 6.3% over last year
German economic advisors to cut 2024 growth forecast
Easing eurozone inflation creates room for rate cuts: ECB’s Knot
Powell reiterates Fed likely to keep rates higher for longer
Britain and US sound alarm over growing Chinese cyber threat
US producer prices increase more than expected in April