Singapore Wrap Thursday
Today's notable stories
Singapore's non-oil domestic export up 4.7% year-on-year in June
Singapore's non-oil domestic exports (NODX) rose by 4.7 per cent from a year ago to S$14.2 billion in June 2015 due to an expansion in both electronic and non-electronic exports.
Temasek putting NOL up for sale: WSJ
Temasek Holdings has put Neptune Orient Lines (NOL) up for sale, a Wall Street Journal (WSJ) report said on Thursday.
First Singapore-made cancer drug enters clinical trials
A publicly-funded, locally-made cancer drug candidate has advanced into Phase 1 of clinical trials, the Agency for Science, Technology and Research (A*STAR) and Duke-National University of Singapore Graduate Medical School (Duke-NUS) have announced.
US insurer MetLife launches new innovation centre in Singapore
United States insurer MetLife has launched its new disruptive innovation centre that focuses on developing solutions focusing on three key areas - health, wealth and retirement.
Qian Hu Q2 profit takes a plunge
Political turmoil in Europe due to the Greek crisis has affected aquariums as well.
The STI Today
Singapore stocks close higher on news from Greece
News that the Greek parliament has voted to accept the bailout terms from the country's creditors lifted the Straits Times Index 14.59 points to 3,353.45 on Thursday. Turnover, however, remained in the doldrums at 1.1 billion units worth S$918.6 million, of which S$621 million or 68 per cent was done in the 30 STI components. Still, excluding warrants, there were 235 rises versus 145 falls, so the session was relatively firm for the whole market.
KEYWORDS IN THIS ARTICLE
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International
Philippines’ Recto sees rate-cut delay risk if peso sinks to 59
Ecuador president declares state of emergency over energy crisis
US Senate has agreement on Fisa reauthorisation, will vote on Friday night, Schumer says
US expects to finalise new Aukus trade exemptions in next 120 days
IMF concerned about debt, fiscal challenges facing low-income countries
Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising