Daily Debrief: What Happened Today
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MAS to pilot project in financial asset tokenisation: DPM Heng
THE Monetary Authority of Singapore (MAS) will pilot an industry project to explore tokenisation of financial assets and develop finance infrastructure, signalling that while the crypto asset space is highly risky, it should be approached with an open mind, Deputy Prime Minister Heng Swee Keat said on Tuesday (May 31).
Income At Raffles quietly on market; S$3,300 psf guide price works out to about S$900m
INCOME At Raffles, a 999-year leasehold predominantly office property at 16 Collyer Quay, is being quietly marketed for sale via a closed expression of interest exercise, The Business Times understands.
Crypto ETFs, ETPs net inflows significantly lower on year at US$303m YTD, but remain second-highest
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GLOBAL crypto exchange-traded funds (ETFs) and exchange-traded products (ETPs) saw year-to-date (YTD) net inflows of US$303 million after booking net outflows of US$556 million in April 2022, according to the latest monthly report by ETFGI.
CapitaLand Investment says nearly half of global portfolio is green building-certified
CAPITALAND Investment has achieved green building certifications for 48 per cent of its global portfolio by square metres (sq m), it said in its 2021 Global Sustainability Report released on Tuesday (May 31).
Crude oil prices could scorch this summer
CRUDE’s global benchmark Brent surged past US$120 a barrel on Tuesday (May 31), led by China’s easing of lockdown curbs and EU’s ban of Russian oil, with the kick off of the US and European summer driving seasons providing added impetus to the rally.
Corporate Earnings
The STI today
Singapore stocks pull back on Tuesday; STI down 0.2%
SINGAPORE shares closed lower on Tuesday (May 31), as traders took in macroeconomic news including Shanghai easing more restrictions and the European Union’s announcement of a ban on most Russian oil imports.
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