Daily Debrief: What Happened Today

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The worst of supply chain disruptions in China is over: Morgan Stanley

THE worst of the supply chain disruptions in China as a result of the Covid-19 pandemic and lockdowns appears to be over, but the road to recovery will likely be slow and bumpy, says Robin Xing, Morgan Stanley’s chief China economist.

Palm oil export ban lift to send global CPO, share prices in different directions: analysts

ANALYSTS view the anticipated lifting of Indonesia’s ban on palm oil exports as largely beneficial to plantation players whose operations are largely based in the country – but not so much for those in Malaysia.

Outlook for Singapore retail rents favourable: analysts

GIVEN sustained economic growth, increasing consumer footfall, the return of tourism spending and lifting of safe management measures, analysts say the outlook for retail rents appears favourable - though they are only likely to return to pre-pandemic levels next year.

BMW dealers ‘not expected to play nice’ here

FOR longtime BMW dealer Performance Motors Limited, the ruthless world of luxury car retail is about to get even more cutthroat, thanks to a fierce new rival: a second BMW dealer.

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Daily Debrief: What Happened Today

DeClout makes mandatory cash offer for Procurri after married deal raised its stakes past 30%

TECHNOLOGY incubator DeClout has made a mandatory cash offer for IT solutions provider Procurri Corporation after it purchased 3.9 million shares in the company through a married deal and triggered a need for a compliance offer.

The STI today

Singapore stocks rise amid improving China sentiment; STI up 1.6%

THE Straits Times Index (STI) climbed 1.6 per cent or 49.87 points to close at 3,240.58 on Friday (May 20) amid a wider regional rally.