Daily Debrief: What Happened Today (Aug 26)
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Singapore’s factory output returns to growth with 1.8% rise in July, as electronics sector improves
SINGAPORE’S factory output grew 1.8 per cent year on year in July, reversing from June’s revised 4.3 per cent decline, going by Economic Development Board (EDB) data on Monday (Aug 26).
Silverlake Axis receives privatisation offer with S$0.36 per share cash option
A GROUP led by Silverlake Axis chairman Goh Peng Ooi has made a voluntary unconditional offer to take the enterprise technology company private at S$0.36 in cash per share, it was announced on Monday.
Condo resale volumes surge 32.2% in July; CCR posts biggest price increase at 2.8%: SRX, 99.co
CONDO resale volumes surged in July – an increase in sales which analysts attributed to a lower base from the month before due to the school holiday season.
Singtel, Hitachi to collaborate on data centres in Japan
THE regional data centre arm of Singtel’s Digital InfraCo unit, Nxera, is exploring opportunities with Hitachi to develop data centres across Japan and potentially the wider Asia-Pacific region.
Reit optimism post-Jackson Hole speech; STI gains 0.2%
SINGAPORE equities ended Monday higher, after US Federal Reserve chair Jerome Powell’s Jackson Hole comments indicated that the central bank is ready to cut rates in September.
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