Daily Debrief: What Happened Today

Brexit

Britain scrambles to contain Brexit turmoil

Britain's finance minister on Monday sought to calm markets after the country's shock vote to leave the EU, and insisted it would be not rushed into a break-up despite pressure from EU leaders.

SIA plane catches fire at touchdown at Changi; no injuries

A Singapore Airlines (SIA) aircraft en route to Milan returned to Singapore after an engine oil warning message, and caught fire at touchdown at Changi Airport on Monday morning.

PSA launches S$100m innovation lab for port, logistics sector

PSA Corporation on Monday announced it has inaugurated the PSA Living Lab, a "living laboratory" in Singapore for the port and logistics industry.

Advance SCT ropes in consultant as new investor to revive fortune

Mainboard-listed Advance SCT has roped in BT Consulting & Management to study the various options to resolve its outstanding debt issues and undertake a strategic business review.

DBS takes up Microsoft's public cloud platform to raise staff collaboration

DBS said on Monday that it will adopt cloud-based technology for business tools such as video conferencing and file sharing, under the Microsoft Office 365 suite. This makes it the first Singapore bank to do so.

The STI Today

Singapore shares close lower on Brexit woes, Reits outperform as defensive plays

Predictably, "Brexit" considerations dominated a volatile Monday, though at the back of the minds of traders was always the possibility that the main blue chips could enjoy a spot of window dressing as the end of the first half of 2016 approaches on Thursday.