Daily Debrief: What Happened Today (Apr 19)
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Far East Shopping Centre back on market at unchanged S$928 million asking price
FAR East Shopping Centre has been put back on the market, in a fresh tender pitched at the same guide price of S$928 million.
Middle East violence heightens market fears of rate hikes, inflation
TO THE higher-ups at the US Federal Reserve, it must feel like a recurring nightmare: an overseas war driving up the price of energy and commodities, just when the global financial system needs inflation least.
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THE world was in the thick of a pandemic when Kelvin Wee, chief executive of Taiwan-listed Patec Precision Industry, received an enquiry from security organisation Certis Cisco.
Keppel DC Reit reports 13.7% lower Q1 DPU of S$0.02192 amid loss allowances
KEPPEL DC Reit posted a 13.7 per cent lower first-quarter distribution per unit (DPU) of S$0.02192, compared with S$0.02541 in the year-ago period.
CSE Global bags US$36.5 million data centre contract extension
CSE Global has won a contract extension worth US$36.5 million to design, engineer, fabricate, install and integrate power-management systems and solutions in the Americas region.
Israel hits back, markets react; STI down 0.4%
THE Straits Times Index (STI) closed at 3,176.51 points on Friday (Apr 19), down 11.15 points or 0.4 per cent, following news that Israel had retaliated against Iran’s aggression. Decliners beat advancers 372 to 244.
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