Daily Debrief: What Happened Today (Jul 9)

Stories you might have missed

Temasek returns to black with one-year total shareholder return of 1.6% for FY2024

TEMASEK turned in a one-year total shareholder return (TSR) of 1.6 per cent for the financial year ended Mar 31, reversing the previous year’s negative showing. However, the recovery was hampered by the weak China market.

Singapore and Laos to deepen cooperation in carbon credits, education and renewable energy

SOUTH-EAST Asian neighbours Singapore and Laos intend to continue promoting collaboration in the areas of clean energy, food security, carbon credits and capacity building.

Prime residential sales remain firm in H1; high-value transactions surge

PRIME home transactions in Singapore remained brisk in the first half of 2024, exceeding H2 2023’s figures across all residential types in terms of both sales value and transaction numbers.

Banks to start phasing out OTPs for account logins in fight against scams

MAJOR retail banks in Singapore will begin phasing out the use of one-time passwords (OTPs) for account login by digital token users within the next three months.

Johor Plantations Group jumps 10% in Malaysia’s largest IPO debut since 2022

MALAYSIAN palm oil producer Johor Plantations Group made its debut on Bursa Malaysia’s main stock exchange on Tuesday (Jul 9), with its share price rising over 10 per cent from the initial public offering (IPO) of 84 sen per share.

Singapore stocks rally; STI closes 0.6% higher

SINGAPORE’S Straits Times Index (STI), cued by record-high closings on Wall Street overnight, rose 21.62 points or 0.6 per cent to 3,426.09 on Tuesday (Jul 9).