Daily Debrief: What Happened Today
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Applied Materials announces S$600 million Singapore facility
SEMICONDUCTOR equipment company Applied Materials expects to open a S$600 million Tampines Industrial Crescent facility in 2024, which will double its manufacturing footprint in Singapore.
People’s Park Centre, Loyang Valley en bloc tenders close without bids
THE collective sale tender for People’s Park Centre and Loyang Valley both recently closed without bids, making them the latest en bloc sites not to find buyers this year.
China State Council, PBOC vow to boost growth, property
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CHINESE authorities ramped up their calls to prioritise growth next year and help the property sector recover from its worst slump on record, in further signs the economy will be top of mind in 2023.
US prosecutors charge two top executives in connection with FTX collapse
FEDERAL prosecutors on Wednesday (Dec 21) said they have charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) Wang, the former chief technology officer of FTX Trading (FTX) with defrauding investors in the crypto trading platform.
UBS, Deutsche Bank target India rich as China’s appeal cools
GLOBAL private banks are rushing to hire advisers for India’s rich, as China’s slowdown and a gloomier global outlook turn the nation into a bright spot for wealth management.
The STI today
Singapore shares track regional gains on Thursday; STI up 0.4%
SINGAPORE stocks were up marginally on Thursday (Dec 22), tracking gains on Wall Street and other markets in the region.
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