Singapore Wrap Wednesday
Today's notable stories
Certificate of Entitlement (COE) premiums for passenger cars continued to tumble on Wednesday in the second tender for July as bookings for new cars slowed down.
Singapore consumer confidence falls for second consecutive month
Consumer confidence in Singapore slid in July for a second consecutive month, according to a monthly survey released on Wednesday.
Keppel unit bags US$684m LNG carrier conversion contract
Singapore rigbuilder Keppel Corporation said on Wednesday its wholly owned subsidiary Keppel Shipyard has signed a contract worth about US$684 million to convert a liquefied natural gas (LNG) carrier into a Golar floating liquefaction facility.
iX Biopharma opens 7.6% higher in Catalist debut
Specialty pharmaceutical firm iX Biopharma started off its Wednesday morning Catalist debut on a fairly secure footing.
Corporate Earnings
The STI Today
Singapore shares close lower on Wednesday, tracing Asian markets
Singapore share prices closed lower on Wednesday with the Straits Times Index down 12.24 points at 3,359.17, and tracing other Asian markets.
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International
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
China passes tariff law as tensions with trading partners simmer
Blinken meets Chinese counterpart Wang Yi in Beijing
South Korea’s public finances no longer a credit rating ‘strength’: Fitch
UK consumer confidence improves as inflation and taxes fall
Inflation in Japan’s capital falls below BOJ target, slows for second month