Daily Debrief: What Happened Today

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Temasek in US$500m partnership with global impact investor Leapfrog

TEMASEK said the strategic partnership will take the form of a multi-fund investment by the state investor "to anchor LeapFrog's future funds".

GIC makes further foray in US retail segment, invests in US$1.2b retail real estate platform

GIC is doubling down on its investment in US retail real estate by teaming up with RPT Realty, Zimmer Partners and Monarch Alternative Capital to form a net lease retail real estate platform targeting over US$1.2 billion of strategic assets.

Bond yields up, but 'still some way off' from Minsky moment, says GIC's top exec

MARKETS are pricing in a strong recovery on the back of vaccine optimism and stimulus, with expectations showing up in bond yields and break-even inflation rates, which have caused concerns on overheating.

Singapore-based 1982 Ventures strikes partnership with South Korean investors

SINGAPORE-BASED early stage venture capital firm 1982 Ventures has entered a strategic partnership with South Korean investors Infobank, C&Venture Partners and BTC Investment.

Condominium and serviced apartment tower on Devonshire Rd put on market

THE guide prices for the two developments, which are next to each other, are S$376 million for The Bayron, and S$66 million for Devonshire Apartment.

Singapore SMEs on road to recovery, but challenges remain: report

NEARLY three quarters of small and medium-sized enterprises (SMEs) in Singapore expect their businesses to recover from the pandemic by April, with up to a third of them saying that their operations have already recovered, a Mastercard study has found.

Corporate earnings

The STI today

Rotation into cyclicals puts Singapore shares at advantage as STI rises 1.22%

SINGAPORE'S blue-chip barometer, the Straits Times Index (STI) dominated by banks and property, rose 37.37 points or 1.22 per cent to 3,108.53 points.

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