Daily Debrief: What Happened Today

Stories you might have missed

Singapore factory output expands 6.2% in April, led by aerospace production

SINGAPORE’S factory output grew 6.2 per cent year on year in April, led by the transport engineering sector which continued to see good performance this month, according to data from the Singapore Economic Development Board (EDB) on Thursday (May 26).

Woodlands Checkpoint to be expanded; 9 Marsiling HDB blocks to be acquired

THE Woodlands Checkpoint will be expanded, in a move that will see 9 Housing Board blocks nearby acquired.

Singapore retail rents and inflation moving in tandem may put retailers in a bind

SOME retail businesses, including those selling recreational goods and furniture, are likely to be hit harder by rising rents coupled with inflationary pressures in Singapore, an analysis by the Institute of Real Estate and Urban Studies (IREUS) suggests.

HSBC is said to consider an IPO of business in Indonesia

HSBC Holdings has been examining an initial public offering (IPO) of its Indonesian business to tap buoyant investor demand in the world's fourth-most populous country.

SEE ALSO

Daily Debrief: What Happened Today

Asia's war on inflation targets supply, not consumers

FROM export bans to price controls, governments in Asia are taking a much more targeted approach than their Western counterparts in curbing global inflationary pressure, a strategy that appears to be working at least for now.

Corporate Earnings

• Valuetronics H2 profit drops 40.5% to HK$56.9m

The STI today

Singapore stocks rebound following Wall Street advance; STI up 0.9%

THE Singapore market rebounded on Thursday (May 26) after 3 days of losses, tracking Wall Street gains and bucking the regional downward trend.