Daily Debrief: What Happened Today

Stories you might have missed

China's private-sector crackdown is of concern for Singapore economy, analysts say

SOME 30 per cent of respondents in an MAS survey named a slowdown in China as a potential risk to the Singapore economy, up from none in June, while 25 per cent pegged regulatory tightening there as a risk to capital market conditions.

International Plaza collective sale makes history with S$2.7b reserve price

THE latest multi-billion price tag is 3.8 per cent higher than the S$2.6 billion asking price back in 2018 and translates to a land rate of S$2,448 per square foot per plot ratio (psf ppr) based on existing gross floor area (GFA).

Fortune Park makes second attempt at collective sale with S$115m indicative price

SPANNING 44,878 square feet (sq ft), the site has a gross plot ratio of 2:1 and an achievable proposed gross floor area (GFA) of 94,244 sq ft.

Catalist-listed Grand Venture proposes transfer to SGX mainboard

AS part of the proposed transfer, Grand Venture is also exploring undertaking a placement of new ordinary shares in its share capital to increase its trading liquidity, public float and shareholder count.

Bank of Singapore hires former UBS exec as global head of investment advisory solutions

OCBC'S private banking arm, Bank of Singapore (BOS), on Wednesday announced it was appointing Vivienne Chia as its global head of investment advisory solutions with immediate effect.

The STI today

Singapore stocks show strong start to September; STI up 1.1%

THE Straits Times Index (STI) gained 32.79 points or 1.1 per cent to 3,087.84 points on Wednesday as investors shrugged off weak manufacturing Purchasing Managers' Index (PMI) figures from across the region.