Daily Debrief: What Happened Today

MAS and Americas bank supervisors' body to bolster fintech ties

The Monetary Authority of Singapore (MAS) and the Association of Supervisors of Banks of the Americas (ASBA) have inked a memorandum of understanding (MOU) to bolster fintech (financial technology) ties between Singapore and the Americas.

EU fears Brexit delay, uncertainty after shock UK vote

European Union leaders fear Prime Minister Theresa May's shock loss of her majority in the snap British election she called will delay Brexit talks due to start this month and raise the risk of negotiations failing.

Hot stock: iFAST jumps 18% after becoming SGX securities trading and clearing member

Online investment products distribution platform iFAST Corporation jumped 18 per cent to S$0.975 as at 3.25pm on Friday, up S$0.15, upon news of it being admitted as a Singapore Exchange securities trading and clearing member.

GuocoLand announces S$170m bond issue

Public-listed property company GuocoLand has proposed to issue bonds worth S$170 million, at 3.85 per cent, to lenders.

Linc Energy seeks extension for submission of proposal to resume share trading

Liquidators of Linc Energy said on Friday they have applied to Singapore Exchange (SGX) for a one-year extension for the submission of a proposal to resume trading in the company's shares.

IHH Healthcare breaks ground for new Shanghai hospital set to open in 2020

In a sign that marks its entry into its next phase of growth in Greater China, IHH Healthcare broke ground for Gleneagles Shanghai Hospital with its partners.

The STI Today

Singapore shares close 17 points higher

Shares in the local bourse shrugged off the astonishing outcome of the UK election, with the key Straits Times Index rising 17.14 points or 0.53 per cent to 3,254.19.