Daily Debrief: What Happened Today (Jun 15)

Stories you might have missed

Singapore to establish over-the-counter gold clearing system, central bank vaulting by end-2026

[SINGAPORE] An over-the-counter (OTC) gold clearing system is among initiatives that will be rolled out this year to boost Singapore’s role as a trusted global node for capital, investment and physical trade flows.

New private home sales fall to three-month low in May with 447 units sold amid one major new launch

[SINGAPORE] With only one new project launch in May, developers in Singapore sold 447 private homes in the month, hitting a three-month low, well below the 1,548 units transacted in April.

Singapore public sector commands highest AI salary premium as job postings surge: PwC study

[SINGAPORE] The public sector and consumer markets offer the largest salary premiums for artificial intelligence expertise in Singapore, a new study by PwC has found.

US-Iran peace deal: S-Reits, aviation stocks, developers on investors’ radar as potential winners

[SINGAPORE] Singapore real estate investment trusts (S-Reits), aviation counters and property developers are set to lead gainers on the local bourse on Monday (Jun 15) after a US-Iran peace deal was announced – though analysts note that much of the geopolitical relief has already been priced in.

Singapore sells less marine fuel in May, likely due to cheaper bunker in China

[SINGAPORE] Singapore, the world’s largest bunkering hub, booked a year-on-year decline in marine fuel sales for the second consecutive month in May, with an even bigger dip than that in April.