Daily Debrief: What Happened Today

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Temasek sees China growth reviving in second half

SINGAPORE'S state-owned investor Temasek Holdings expects Chinese growth to rebound in the second half as the government stimulates the economy, according to chief investment officer Rohit Sipahimalani.

Mountbatten Road conservation bungalow up for sale with S$63.6m price tag

ANOTHER freehold conservation bungalow in District 15 has been launched for sale, this time, at an asking price of S$63.6 million or S$2,000 per square foot (psf).

Constellar bets on digital transformation to win back business travellers

THOUGH Singapore has lifted most of its Covid-19 curbs, it will take a few months before businesses are confident enough for a significant resumption of Mice (meetings, incentives, conferences and exhibitions) events, said Jean-Francois Quentin, group chief executive officer of local Mice company Constellar.

Grab may have advantage over other players in Malaysia digital bank space: Maybank

GRAB likely has an advantage over its other digital bank competitors in Malaysia given its e-wallet share in the country, Maybank said on Sunday (May 1).

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Daily Debrief: What Happened Today

No Signboard terminates loan agreements with Q&M CEO, private investor

RESTAURANT operator No Signboard Holdings has terminated its conditional loan agreements with Q&M Dental chief executive Ng Chin Siau and private investor Bryan Lim Soon Fang.

Corporate Earnings

• AIG profit beats estimates on strong underwriting gains
• ARA H-Trust Q1 net property income jumps to US$5.3m on recovery across portfolio

The STI today

STI dips 0.23% ahead of FOMC rate move

SINGAPORE shares fell marginally on Wednesday (May 4) on muted trading after a 2-day public holiday break and ahead of the Federal Open Market Committee (FOMC) decision on a rate hike tonight.