Daily Debrief: What Happened Today
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Condo resale prices, volumes rise at a slower pace in May: SRX, 99.co
CONDOMINIUM rental prices and volumes continued to rise in May, albeit at a slower pace, flash estimates from SRX and 99.co indicated.
12-month jail term for Singaporean in Wirecard case
HENRY Yeo, who is among those involved in the Wirecard case in Singapore, was sentenced to 12 months in prison on Tuesday (June 27).
MAS, SGX tie up with CDSC to boost global emissions reporting for companies
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SINGAPORE companies will soon be able to showcase their climate transition commitments on the global level.
Databricks’ US$1.3 billion purchase of MosaicML puts AI race in fast lane
YET another billion-dollar deal has landed in the red-hot artificial intelligence (AI) space: Databricks, a software unicorn backed by Microsoft, Amazon and Google, is buying a generative AI startup for US$1.3 billion.
Natural disasters caused US$80 billion in economic losses in Asia-Pacific, says Aon
NATURAL disasters in the Asia-Pacific region caused economic losses of US$80 billion in 2022, said insurance broker Aon. Of this amount, only US$11 billion was covered by insurance.
The STI today
Singapore stocks end Tuesday higher, STI up 0.5%
LOCAL shares capped the trading day on a more upbeat note on Tuesday (Jun 27), as traders shrugged off worries over global macroeconomic issues and took to bargain hunting in the market.
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