Daily Debrief: What Happened Today (Jun 8)

Stories you might have missed

Singapore well-placed to be Asean’s gold-trading hub as regional duties rise: analysts

[SINGAPORE] Singapore is in a prime position to establish itself as South-east Asia’s neutral clearing and distribution hub for gold, industry observers told The Business Times.

Think twice about rebuilding that old landed property into a super-big house to max out GFA

[SINGAPORE] Private landed homes typically sit at the apex of Singapore’s residential property market. Given their relative scarcity and limited new supply, landed houses are seen as good stores of value.

SpaceX’s US$1.75 trillion IPO: How retail investors, including those in Singapore, can buy shares

[BENGALURU] SpaceX’s long-awaited initial public offering, expected to fetch a US$1.75 trillion valuation, has set off a frenzy among retail investors clamouring for a share of Elon Musk’s rocket, satellite and artificial intelligence empire.

OCBC to offer physical gold trading services for institutional, BOS private banking clients from Jun 10

[SINGAPORE] From Wednesday (Jun 10), OCBC will offer its institutional clients and high-net-worth customers of its private banking arm Bank of Singapore (BOS) physical gold trading services, the bank announced on Monday.

UOB appoints new CEOs for China and Hong Kong offices

[SINGAPORE] United Overseas Bank announced key senior leadership changes in its mainland China and Hong Kong offices on Monday (Jun 8).