Daily Debrief: What Happened Today

Stories you might have missed

MAS issues 3 crypto licence in-principle approvals, including to Crypto.com

SINGAPORE has awarded 3 more in-principle approvals for its much-coveted digital payment token (DPT) licence, which allows companies to offer crypto services.

COE prices end higher, with premiums for big cars crossing S$100k for second tender in a row

CERTIFICATE of entitlement (COE) premiums rose across all categories at the latest tender exercise that closed on Wednesday (June 22).

Potential £165m sale of Amobee to improve Singtel’s profitability: analysts

SINGTEL is reportedly in talks to sell its advertising technology unit Amobee in a deal that analysts said should lead to an improvement in the telco's profitability.

Nine strata office units at The Central for sale at S$28m guide price

NINE contiguous strata office units on level 17 of The Central at Clarke Quay have been put up for sale by expression of interest (EOI) at a guide price of S$28 million, announced sole marketing agent JLL on Wednesday (Jun 22).

Next-gen regional family business leaders more willing to take the reins post-Covid, but struggle to get control: PwC

FORTY-THREE per cent of the next generation of family business leaders in the Asia-Pacific region are now more committed to their business, compared to before the pandemic. In Asean, this figure increases to 48 per cent.

The STI today

STI down 0.8% on Wednesday as Asia equities ignore overnight Wall Street rally

SINGAPORE stocks fell on Wednesday (Jun 22) as Asian markets ignored the overnight Wall Street rally and slumped ahead of US Federal Reserve chairman Jerome Powell’s testimony to further drive expectations of policy outlook and inflation.