Daily Debrief: What Happened Today

Published Tue, May 31, 2022 · 06:30 PM
    • "We must pierce through both the hubris and the veil of suspicion, to understand the potentially transformative underlying technologies. Let us not throw out the baby with the bath water," said DPM Heng Sweet Keat.
    • "We must pierce through both the hubris and the veil of suspicion, to understand the potentially transformative underlying technologies. Let us not throw out the baby with the bath water," said DPM Heng Sweet Keat. PHOTO: ASIA TECH X SINGAPORE 2022

    Stories you might have missed

    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

    DECODING ASIA

    Navigate Asia in
    a new global order

    Get the insights delivered to your inbox.

    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. 

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.