Singapore Wrap: Tuesday, May 12
A round-up of the day's Singapore news:
Condo resale prices and volume slip in April: SRX
The resale prices and volume of non-landed private homes in Singapore continued to slip in April, with SRX's price index for such homes falling 0.7 per cent last month compared to March.
NTU launches international trading course with private sector, IE Singapore
IE Singapore, Nanyang Technological University (NTU) and five private corporations on Tuesday launched a programme to train university students for the energy, commodities, and metals industries.
Corporate earnings:
More news on Singapore-listed companies:
Singapore market report: Shares end 0.8 per cent lower
Singapore shares closed 0.8 per cent lower on Tuesday with the Straits Times Index shedding 28.47 points to 3442.33 following a drop in the United States equities.
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International
IMF says US, China debt pose risks for global public finances
US economy growing at ‘modest’ pace in many regions: Federal Reserve
‘No trade war’, says Biden, pushing to triple tariffs on Chinese steel
China slams US move to investigate its shipbuilding industry
Bank of Korea chief signals readiness to deal with volatile currency moves
Banks told to anticipate risks from using AI, machine learning