Daily Debrief: What Happened Today

Stories you might have missed

Singapore is most expensive city for high net worth individuals to live well: report

SINGAPORE has, for the first time, become the most expensive city for high net worth individuals (HNWIs) to live well, said a report by Swiss private bank Julius Baer on Tuesday (Jun 20).

EY investigating impact of cybersecurity breach of software provider

ERNST & Young (EY) is investigating the impact of a global cybersecurity breach of its file service MOVEit.

Hyundai widens charging options for its EV buyers

THE Hyundai Motor Company (HMC) has introduced more charging options for owners of its electric vehicles (EVs) in Singapore, partnering multiple entities to create a “worry-free” charging network.

Two former execs get Singapore jail terms in first conviction for Wirecard case

TWO individuals have been sentenced to jail in the first Wirecard-related conviction in Singapore and globally. They pled guilty to charges for their role in the scandal.

Go-Ventures raises US$240 million second fund, rebrands as Argor

INVESTMENT firm Go-Ventures – now known as Argor Capital Management – has raised US$240 million in committed capital for its second venture fund and separately-managed vehicles.

Corporate Earnings

• Del Monte sinks into the red in Q4 on lower margins, higher interest expenses

The STI today

Sembcorp, Keppel lead STI decline on Tuesday; STI down 0.7%

SINGAPORE stocks ended lower on Tuesday (Jun 20), led by a decline in Sembcorp Industries and Keppel Corporation.