Daily Debrief: What Happened Today

Stories you might have missed

Singapore core inflation slips to 1.7% in November, below economists' estimates

THIS was below both October's figure and economists' expectations, both of which were 1.9 per cent.

Cromwell E-Reit to buy 3 logistics properties in France for 21.6m euros

UNDER the terms of the deal, Cromwell E-Reit will buy from CDPG Luxembourg all of the shares in Challenger DPG France SAS, which holds all three properties.

Singtel's Optus extends partnership with fellow Australia telco Vocus Group

ACCORDING to the Monday statement, the partnership puts Vocus in a position to grow its mobile customer base across its various brands and increase market share in enterprise and small-to-medium business segments.

Hong Kong stock exchange rejects CNMC Goldmine's dual listing application

HONG Kong's stock exchange has rejected Catalist-listed CNMC Goldmine's application for a dual listing on its mainboard, citing CNMC's inability to meet the minimum market capitalisation and create liquidity for the company's shares in Hong Kong.

O&M, property veteran Michael Kum becomes Atlantic Navigation's chairman

Mr Kum, who ran offshore chartering business Miclyn Express Offshore before it was sold to private equity and is also the chairman of hotel property group M&L Hospitality, acquired a 50.2 per cent stake in Atlantic Navigation earlier in December via a placement of Atlantic Navigation shares to his investment vehicle Saeed Investment.

The STI Today

Singapore shares end higher on Monday

SINGAPORE stocks closed higher in Monday's half-day trading session, with the Straits Times Index up 0.16 per cent or 5.02 points to 3,051.06.