Daily Debrief: What Happened Today (Jun 6)

Stories you might have missed

Temasek, GIC part of global coalition investing US$25 billion in IPEF emerging markets

A COALITION of investors, including Singapore’s Temasek and GIC, have committed to injecting US$25 billion in infrastructure investments in emerging markets that are part of an economic alliance between the US and several Asia-Pacific countries.

Indo-Pacific partners ink clean economy deal with new programmes on nuclear energy

THE 14 participating countries of the Indo-Pacific Economic Framework for Prosperity inked the clean economy agreement, which contained three new work programmes, including one on small modular reactors.

Singapore parents expect financial support from children in old age: survey

SINGAPORE parents count on their children for financial support in retirement, even as they themselves chafe against the responsibility of supporting elderly parents, said a survey published by Manulife.

Jasper Investments volume, price surge on S$9 million from investors including Koh Boon Hwee

SHARES of watch-listed Jasper Investments quadrupled in value after the marine player secured S$9 million in capital from strategic investors, including Koh Boon Hwee, a board director of Singapore sovereign wealth fund GIC.

Cut-off yield on latest Singapore 6-month T-bill rises to 3.76%

THE latest Singapore six-month Treasury bill is offering a cut-off yield of 3.76 per cent, up from the 3.65 per cent offered in the previous six-month auction.

Most regional indices boosted by ECB rate cut expectations, but STI ends flat

SINGAPORE equities ended Thursday (Jun 6) largely unchanged, as signs point to the European Central Bank (ECB) cutting interest rates for the first time since 2019.