Daily Debrief: What Happened Today
Stories you might have missed
Singapore factory output growth eases to 7.4% in June, topping forecasts, but tougher weather ahead BIOMEDICAL manufacturing gave overall manufacturing performance a fillip, expanding by 13.8 per cent.
TADA brings blockchain-based, zero-commission ridehailing to Singapore The peer-to-peer, on-demand service - touted as Singapore's first such platform - runs on an "incentive-based blockchain mobility ecosystem" called a mass vehicle ledger (MVL).
Katong Plaza, Fortune Park collective sale tender closing dates extended KATONG Plaza and Fortune Park are the latest collective sale hopefuls to extend their tender closing dates to Sept 11 and Sept 14 respectively, in light of property cooling measures.
Ascott to manage 1,600 units in the Philippines in tie-up with developer Cebu Landmasters Ascott, a wholly owned subsidiary of CapitaLand Limited, will work with Cebu Landmasters Inc (CLI) under the alliance to seek properties for CLI to develop into serviced residences, which will then be managed by Ascott.
Singapore industrial prices, rents continue to stabilise in Q2 IN Q2 2018, industrial prices were unchanged from the first quarter, while they fell by 2.1 per cent from a year ago.
Singapore's top 50 tycoons get 11% richer; 3 newcomers join list: Forbes THE combined wealth of Singapore's 50 richest tycoons has swelled 11 per cent to nearly US$116 billion, up from US$104.6 billion last year, according to the Forbes Singapore Rich List 2018.
Corporate Earnings
The STI today
Singapore shares close 0.1% higher on Thursday SINGAPORE stocks finished higher on Thursday, with the Straits Times Index gaining 1.77 points or 0.1 per cent to 3,328.6.
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International
Australian business strength is shocking even its biggest lender
South Korea’s factory activity shrinks in April, but optimism about outlook ticks up
US sanctions firms in China, UAE for support of Russia’s war
Japan suspects companies are evading disclosure of cross-shareholdings
Germany hit hard as foreign investment falls in Europe: EY survey
South Korea’s April inflation at 2.9% y/y, lower than expected