Daily Debrief: What Happened Today
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Singapore households’ net worth grows as residential asset values climb
MARKET watchers expect the total value of private homes and Housing Board (HDB) flats held by households to keep rising, albeit more slowly than before, and in turn further bolster household net worth.
Touch ‘n Go e-wallet expands cross-border payment service to Singapore
TNG Digital - a joint venture company by Malaysia’s Touch ‘n Go and Ant Financial Group - has expanded its cross-border payment service to Singapore, to allow Touch ‘n Go e-wallet users to pay for their ComfortDelGro taxi fares.
Singapore new private home sales more than doubled to 1,356 units in May
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NEW private home sales more than doubled in May on the back of major launches. Developers in Singapore sold 1,356 new homes last month, up 105.5 per cent from April’s 660 units.
Singtel to further decentralise organisational structure, appoint data centre operations CEO
SINGTEL announced in a press release on Wednesday (Jun 15) that its Australian subsidiary Optus will directly oversee its Optus Enterprise division from Jul 1 this year.
Global ETFs achieve 36 straight months of net inflows, hit second-highest YTD record of US$417.9b
GLOBAL exchange-traded funds (ETFs) attracted the second-highest net inflow on record, taking in year-to-date (YTD) net inflows of US$417.9 billion, a decline from US$572.4 billion over the same period last year, independent research and consultancy firm ETFGI reported on Wednesday (Jun 15).
The STI today
Singapore stocks dip 0.1% as rout in regional markets continues ahead of FOMC decision
THE Singapore stock market started higher but failed to sustain the momentum, ending Wednesday (Jun 15) marginally lower, as the rout continued to grip most regional key indices.
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