Daily Debrief: What Happened Today
Stories you might have missed
Singapore factory output down 0.7% in Dec, posts full-year fall of 1.4%
DECEMBER'S showing was an improvement from November's revised figure of an 8.9 per cent fall.
Broker's take: DBS raises SGX's target price on index firm acquisition
DBS Group Research has maintained its "buy" call on the Singapore Exchange (SGX) while raising its target price to S$9.60, up from S$8.90 previously.
ARA H-Trust sets up S$800m debt issuance programme
UNDER the programme, ARA H-Trust will offer stapled notes and stapled perpetual securities in Singapore.
Singapore biotech firm Veredus will have Wuhan virus test ready by Feb 1
THE kit is a portable lab-on-chip application that will be able to detect the Wuhan coronavirus as well as the Sars and Mers viruses with "high specificity and sensitivity".
Corporate earnings
The STI today
Singapore shares up on Friday, drop 1.3% on the week
THE STI made steady gains across the session to finish at 3,240.02, adding 5.46 points or 0.2 per cent.
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International
China central bank says treasury bond trading will be two-way
US wholesale inventories drop by unrevised 0.4% in March
China, Serbia chart ‘shared future’ as Xi Jinping visits Europe
World extends run of heat records for 11th straight month
SpaceX’s unit Starlink secures Indonesia operating permit
Axiata, Sinar Mas seek permission for Indonesia telco merger, minister says