Daily Debrief: What Happened Today
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SGX review finds disclosures lacking in remuneration, board performance matters
The quality of corporate governance disclosures among mainboard-listed companies was the poorest when it came to remuneration details, assessing board performance and internal audit, according to a review carried out by the Singapore Exchange (SGX).
Singapore private-sector conditions hit five-month high in June with PMI at 52.3
Conditions in Singapore's private sector momentarily shook off concerns of a slowdown as they improved to a five-month high in June.
Mapletree Commercial Trust to acquire Mapletree Business City for S$1.78b
The trustee of Mapletree Commercial Trust, DBS Trustee Limited, is planning to acquire Mapletree Business City's office and business park components for S$1.78 billion.
Hot stock: Manulife US Reit trades higher as first pure-play US Reit in Asia
Manulife US Real Estate Investment Trust (Manulife Reit) bucked the softer overall market trend on Tuesday to trade higher.
Geo Energy secures offtake deal worth US$1.2b for Indonesian coal mine
Indonesian coal mining group Geo Energy has secured a deal to supply coal to global commodities group Engelhart Commodities Trading Partners (Singapore), or ECTP, until recently known as BTG Pactual Commodities, for the entire lifespan of its wholly owned coal mine.
The STI Today
Singapore shares close lower after five straight days of gains
The Straits Times Index on Tuesday fell 5.89 points to 2,864.67, its first day of weakness after five consecutive rises that saw it gain 141 points or 5.2 per cent.
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International
Thai PM says cannabis to be re-listed as narcotic by end of 2024
US eyes curbs on China’s access to AI software behind apps like ChatGPT
India growth can top 6.5% for a decade, says economic adviser
Indonesia central bank sees no need for more rate hikes
Thai business lobby joins rate cut call as it trims GDP forecast
Malaysia eyes ‘orangutan diplomacy’ with nations that import palm oil