Singapore Wrap Wednesday
Today's notable stories
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Nikkei Singapore PMI shows further improvement in business conditions in July
Singapore firms signalled a further improvement in overall operating conditions in July, according to the Nikkei Singapore purchasing managers' index (PMI) released on Wednesday.
COE premiums for Cat A and B up, but Cat E premium falls
Certificate of Entitlement (COE) premiums for passenger cars mostly halted their slide in the first round of bidding for August on Wednesday, even with a larger COE quota kicking in.
The Singapore Sports Hub has appointed Manu Sawhney as its new chief executive officer. Mr Sawhney will join the Singapore Sports Hub on Sept 1 as CEO-designate before assuming his formal CEO responsibilities, which will commence on Oct 1.
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Invesco's deemed interest in Noble falls below 5%
In a filing to the Singapore Exchange on Tuesday, Noble Group revealed that the deemed interest of Invesco and its subsidiaries in their capacity as managers/advisors of various accounts, has fallen below 5 per cent.
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Singapore shares close higher, barely avoiding fifth straight loss
Perhaps the best thing that can be said of Wednesday's stock market session was that the Straits Times Index avoided a fifth consecutive loss, though this was likely via short-covering than anything else.
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