Daily Debrief: What Happened Today

Stories you might have missed

HDB resale prices inch up 0.4% in August, volumes continue trending down

Three-room and 5-room units saw month-on-month price increases of 0.5 per cent each, while 4-room and executive prices rose by a respective 0.8 per cent and 0.7 per cent.

Horizon Towers takes another crack at collective sale at S$1.1b

Inclusive of an estimated S$277 million lease top-up premium, the unit land rate for the collective sale works out to about S$2,049 per square foot per plot ratio (psf ppr) for the 204,742 sq ft site.

Malaysia hikes key rate to 2.5%, says not on pre-set tightening path

Bank Negara Malaysia emphasised that the monetary policy committee is not on any pre-set course and will continue to assess evolving conditions and their implications for the overall outlook for domestic inflation and growth.

More ambitious net-zero target for Singapore could mean harsher climate policies

Getting there could require an expanded carbon tax regime to cover more than just facilities emitting at least 25,000 tonnes of greenhouse gases annually.

Vertex-backed Taranis raises US$40m in Series D funding

This latest round brings Taranis' total funding to US$100 million and the agritech startup plans to use the new funds for expansion, growth and investment in technologies.

The STI today

Singapore stocks end higher on strong Wall St finish; STI up 0.7%

The Straits Times Index (STI) rose 0.7 per cent or 22.78 points to end at 3,233.61.


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