Daily Debrief: What Happened Today

Stories you might have missed

Condo resale volumes in Singapore hit 10-year high; prices up 0.1% in March: SRX

MONTHLY condo resale volumes hit a 10-year high, with 1,662 units resold in March; more than double the number in the same period last year.

Singapore's Fave eyes India breakthrough with US$45m sale to unicorn Pine Labs

FINTECH platform Fave is aiming to take flight in India's consumer rewards market, following its US$45 million sale to an Indian merchant commerce company, founder and chief executive Joel Neoh told The Business Times (BT).

Singapore, Malaysia to discuss border reopening during Muhyiddin's May 4 visit

MALAYSIAN Prime Minister Muhyiddin Yassin will be visiting Singapore on May 4 to meet Prime Minister Lee Hsien Loong and both leaders are expected to discuss the reopening of the border, among other things.

Temasek and BlackRock form US$600m decarbonisation investment partnership

NAMED Decarbonization Partners, the initiative will launch a series of late-stage venture capital (VC) and early-growth private equity (PE) investment funds that will focus on advancing decarbonisation solutions.

FHT could reap benefits if managers repay 4.45% perps with debt: DBS report

THIS is assuming the stapled group is able to obtain close to its average weighted cost of debt of 2.2 per cent, compared to the potential estimated reset coupon rate of about 3 to 3.2 per cent.

LHN inks S$16.8m sale and purchase agreements for eight Beach Road flats

HALF of the units have an area of 128 square metres (sq m), while the other four are 125 sq m.

Livingstone Health maps expansion plans

THE group said in a regulatory update on Tuesday that it is looking to increase its range of services and number of clinics and medical practitioners.

The STI today

STI breaks five-day losing streak to gain 0.4%

THE Straits Times Index (STI) broke a five-day losing streak to finish 13.97 points or 0.44 per cent higher at 3,187.9 on Tuesday.