Daily Debrief: What Happened Today

OSIM chief offers to buy out the company at S$1.32 per share

The chairman and chief executive officer of healthy lifestyle products provider OSIM International has made a voluntary unconditional cash offer of S$1.32 per share to take the company private.

SGX to boost freight derivatives with pursuit of Baltic Exchange

Singapore Exchange's (SGX) bid to buy London's Baltic Exchange is aimed at burnishing its derivatives credentials among ship brokers and commodity merchants, fitting hand in glove with its efforts to develop Asian pricing benchmarks for bulk commodities.

Singaporean women lack confidence in investing: survey

A Global Investor Pulse Survey conducted by BlackRock suggests Singaporean women can be just as financially savvy as men, but are lacking confidence in investing.

Big data a challenge in Singapore's corporate reporting: EY survey

Singapore's chief financial officers see the volume and pace of big data as a key challenge of today's corporate reporting environment, results of an annual EY survey showed.

Singtel tops in 4G coverage, peak speeds: IDA surveys

Singapoe Telecommunications (Singtel) has ranked first in 4G coverage and peak speeds in Singapore, according to the findings of two surveys by the Infocomm Development Authority of Singapore (IDA).

The STI Today

Singapore shares close lower; STI drops 13 points after six days of gains

The Straits Times Index (STI), after having risen over six consecutive days during which it added a whopping 234 points, faltered on the seventh which was Monday, dropping 13.49 points to 2,823.51.