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Singapore Wrap Tuesday
National water agency PUB will be studying the technical and economic feasibility of developing an integrated underground drainage and storage system to boost its water and energy sustainability.
Singapore private equity firm Tembusu Partners has invested some US$10 million in Wellington-based CricHQ, a digital platform that facilitates cricket management from administration and live scoring to coaching and news.
Funds sold in Singapore got an overall C grade from Morningstar Asia in a report on global best practices for mutual funds, the research house said on Tuesday.
Citic Securities Co, China's biggest brokerage by market value, will raise as much as HK$27.1 billion (S$4.7 billion) selling stock to 10 investors, including sovereign wealth funds in Kuwait, Singapore and Malaysia.
Continuing its efforts to instill confidence among investors, Noble Group has bought back 12.98 million of its own shares - its third buyback since founder and chairman Richard Elman pledged on June 11 to "right the damage" to its share price.
The STI Today
Singapore shares closed 0.8 per cent lower as at 5:10 pm on Tuesday for another down session, with the Straits Times Index down 25.04 points to 3,298.09 as anticipation of this week's Federal Reserve meeting kept investors on the sidelines.