Daily Debrief: What Happened Today
Stories you might have missed
Cairnhill Mansions to be launched for en bloc sale for S$362m
Cairnhill Mansions, a freehold development in prime district 9, will be launched for collective sale in the next few weeks with an asking price of S$362 million. More than 80 per cent of owners have signed the collective sale agreement, joining the hot spate of en bloc launches this year.
SIAEC conducts largest 1-day share buyback in a year as stock slumps
SIA Engineering Company (SIAEC) conducted its largest share buyback exercise in a year on Wednesday, hauling back 419,300 shares as its stock slumped to a six-year low on Wednesday.
HDB resale prices slip 0.3% m-o-m in September; volume down 14%: SRX
HDB resale prices slipped 0.3 per cent in September from a month ago, marking a reversal from a 0.2 per cent uptick in August, SRX Property flash estimates show.
SkillsFuture for Digital Workplace launched to prepare Singaporeans for digital economy
THE SkillsFuture for Digital Workplace was launched on Thursday by Minister for Education (Higher Education and Skills) Ong Ye Kung.
Peter Lim files police report against scammers
Singaporean billionaire investor Peter Lim has lodged two police reports against online scams involving false and misleading accounts using his name and images.
Pimco sees chance that MAS surprises by tightening
There's a chance the Monetary Authority of Singapore may surprise financial markets by tightening its policy stance this month, according to Pacific Investment Management, a move that could make it among the first central banks in Asia to do so.
MAS, ABS-led consortium announces breakthrough in enhanced-privacy blockchain prototypes
A consortium led by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) has developed new blockchain software prototypes which decentralise payment netting while preserving transactional privacy.
Broker's take: CIMB maintains 'add' on CDL following Amber Park sale
CIMB is maintaining its call for investors to add more City Developments Limited (CDL) shares, following the developer's successful bid for Amber Park with a record price tag of S$906.7 million.
Broker's take: UOB Kay Hian maintains 'hold' on SembMarine
UOB Kay Hian maintained a hold call on Sembcorp Marine on Thursday morning, stating that the recent termination of the Oro Negro rig-building contracts should have no impact on SembMarine's bottom line in the coming quarters.
The STI Today
Singapore shares close higher as banks push STI up 25 points
After a two-day correction (or a bout of short-selling), a rebound (or short-covering) in the three banks on Thursday helped elevate the Straits Times Index (STI) by 25.19 points to 3,261.84.
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International
Israel concerned over possible ICC arrest warrants related to Gaza war
China’s top airlines improve balance sheet in Q1; outlook positive for May Day
G7 reaches deal to exit from coal by 2035
US, Britain urge Hamas to accept Israeli truce proposal
Saudi Arabia says economic revamp momentum intact as plans shift
German inflation creeps up to 2.4% in April