Daily Debrief: What Happened Today
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Uber to close Asia-Pacific HQ in Singapore as virus impact worsens
THE US-based firm will also lay off about 3,000 more people globally and stop some of its investments unrelated to its core businesses of ride hailing and delivery.
AEM, UTAC to co-develop new test systems for CMOS image sensor products
ACCORDING to both companies, CMOS image sensor products are estimated to grow significantly for the foreseeable future, due to growing demand from the security, automotive safety, autonomous vehicles and industrial application fields.
GuocoLand obtains S$730m green loan for Tan Quee Lan development
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PROCEEDS from the loan will go towards financing the project, including efforts in sustainable development, water and energy conservation, as well as adopting immersive urban greenery and landscaping.
LCH clears first SORA derivatives trade
GLOBAL clearing house LCH has cleared the first Sing-dollar interest rate swaps referencing the Singapore Overnight Rate Average (SORA), it said on Tuesday.
Surbana Jurong clarifies involvement in setting up Singapore Expo care facility
THE company was responding to social media posts that it said had "unfairly subjected" it to "unfounded accusations of profiteering and corruption".
The STI today
Singapore shares close 1.7% higher
THE key Straits Times Index jumped 42.05 points or 1.66 per cent to finish at 2,581.33.
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