Daily Debrief: What Happened Today
Stories you might have missed
Singtel launches near-gigabit mobile data speeds at selected outdoor locations
Singtel is launching, in phases, near-gigabit speeds of 800 Mbps on its LTE advanced network at selected high-traffic outdoor locations in Singapore.
Adapt & Grow SkillsFuture Career Advisors programme launched for hotel industry
The Adapt & Grow SkillsFuture Career Advisors Programme for the hotel industry has been launched to help employers in the industry better engage and connect with jobseekers to address mismatches and missed matches.
Nam Cheong has called for a trading suspension on Friday with immediate effect. This comes after the mainboard-listed company said on Thursday that it has decided to "temporarily cease" repayment on all its borrowings while it seeks to undergo restructuring.
VP Bank neutral on Singapore equities, many in Asia richly valued
Singapore shows a clear pattern of further economic strength for the rest of the year, but VP Bank AG remains neutral on the city-state.
Hot stock: Union Gas debuts above IPO price
Union Gas, which launched its initial public offering (IPO) on July 13, opened at S$0.295 on Friday, slightly above its IPO price of S$0.25.
Hot stock: Swee Hong soars after end of scheme of arrangement
Civil engineering company Swee Hong's shares rose by 35.7 per cent on Friday morning to S$0.019.
Resources Prima Group's unit's vice-president resigns
The vice-president of the Indonesia-incorporated subsidiary of Resources Prima Group, PT Rinjani Kartanegara, has resigned to "pursue other career opportunities".
Corporate Earnings
The STI Today
STI climbs 21 points on Friday
Singapore stocks rebounded on Friday after breaking an earlier rally streak on Thursday.
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International
Labour wins UK by-election as Tory PM Sunak stares at more losses
South Korea to slap fines on food suppliers for ‘shrinkflation’
Stormy Daniels’ ex-lawyer in the hot seat at Trump trial
New Zealand says ‘seriously concerned’ by China’s increased security actions in Pacific
EU, ISSB agree on minimising overlaps in company climate disclosures
US law firm Mayer Brown to split from Hong Kong partnership