Daily Debrief: What Happened Today

Published Mon, Oct 2, 2023 · 06:30 PM
    • VTAC is proposing a combination with livestreaming operator 17Live for a valuation of S$1.2 billion.
    • VTAC is proposing a combination with livestreaming operator 17Live for a valuation of S$1.2 billion. PHOTO: REUTERS

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    VTAC to combine with livestreaming operator 17Live at S$1.2 billion valuation

    SPECIAL purpose acquisition company (Spac) Vertex Technology Acquisition Company (VTAC) has announced a proposed business combination with livestreaming operator 17Live.


    Private home prices rise 0.5% qoq in Q3: URA flash estimate

    OVERALL prices of private homes in Singapore rose 0.5 cent in the third quarter of this year over the preceding quarter, based on the flash estimate from the Urban Redevelopment Authority (URA) released on Monday (Oct 2) morning.


    GCB of Three Arrows’ Zhu Su being used for wife’s urban farming company

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    A GOOD Class Bungalow (GCB) linked to Zhu Su, co-founder of failed crypto fund Three Arrows Capital, is now the site of an urban farm managed by a company co-founded by Zhu’s wife.


    Indonesia’s inflation slows to 2.28% in September, close to official forecast

    Indonesia’s annual inflation rate cooled to 2.28 per cent in September, the lowest since February last year and near the lower end of the target range set by the country’s central bank.


    HDB Q3 resale prices rise 1.2%; quarterly volume up 2.9%, but down from a year ago

    HOUSING and Development Board (HDB) resale prices rose 1.2 per cent in Q3 with the Resale Price Index reaching 178.4, according to HDB’s flash estimate on Monday (Oct 2).


    Singapore Savings Bond 10-year average yield reaches year-to-date high of 3.32%

    THE AVERAGE return per year for the latest tranche of the Singapore Savings Bond (SSBs) has reached a new year-to-date high of 3.32 per cent.


    Singapore stocks end first trading day of Q4 in red; STI down 0.3%

    SINGAPORE shares slipped on Monday (Oct 2), ending the first trading day of the fourth quarter in the red. 

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