Daily Debrief: What Happened Today

Stories you might have missed

Singaporeans hold 43% of senior roles in financial sector: MAS

IN retail banks' local functions, Singapore citizens account for seven in 10 of senior management roles, according to the Monetary Authority of Singapore's (MAS) estimates.

SGX RegCo publishes observations of Catalist sponsors to increase transparency, accountability

THE bourse regulator said the publication is part of a slate of initiatives to provide transparency on its expectations, as well as to raise standards across the market community.

UG Healthcare proposes placement of up to 7.5m shares to raise S$19.1m

THE placement price represents a discount of about 9.9 per cent to the volume-weighted average price of S$2.8247 for trades done on the Singapore Exchange on Tuesday.

AI startup iKala gets US$17m Series B injection led by Wistron

THE fresh funding will propel iKala's research and development investments, and finance its innovation in AI and digital technologies.

Three pre-war shophouses in Little India for sale with S$7.5m guide price

SITTING on a site area of about 2,203 square feet (sq ft), the property has 11 metres of unobstructed road frontage along Belilios Lane and the total built-up area of the three shophouses is about 4,015 sq ft.

MAS bans ex-Prudential agent and ex-Bank of Singapore staff for fraud, dishonest conduct

THE Monetary Authority of Singapore (MAS) has issued five-year and three-year prohibition orders against former insurance agent Aw Yong Seng and former bank employee Johnny Chew Swee Sun respectively, for fraud and dishonest conduct.

The STI today

STI dips 0.08% despite Wall Street rally

THE Straits Times Index (STI) ended Wednesday down 2.05 points or 0.08 per cent at 2,561.04, even as the global mood improved after US stocks closed Tuesday at a record high.