Daily Debrief: What happened today

Stories you might have missed

Insurers overtake banks in customer experience in Singapore: survey

Insurers in Singapore have beaten banks in the quality customer experience for the first time since 2018 - the year Forrester's survey on the topic started.

MOM to extend waiver of foreign worker levies for duration of SHN

The Ministry of Manpower (MOM) will extend the waiver of foreign worker levies for all S Pass and work permit holders, including migrant domestic workers, for the duration of their stay-home notice (SHN) until December this year.

Evergrande contagion fears hit Hong Kong stocks, with default expected

Fears of a contagion from the potential collapse of battered Chinese real estate giant Evergrande sent property shares plunging in Hong Kong on Monday, with the firm expected to default on upcoming interest payments this week.

Shake-up of China's property sector could deliver opportunities for CapitaLand

The ongoing shake-up in China's real estate sector levels the playing field and could throw up interesting opportunities for foreign property players such as CapitaLand, said group chief executive of CapitaLand Investment (CLI) Lee Chee Koon.

The global housing market is broken, and it's dividing entire countries

Soaring property prices are forcing people all over the world to abandon all hope of owning a home. The fallout is shaking governments of all political persuasions.

The STI today

Singapore shares fall 0.96% on lingering concerns over global economy, rising Covid infections

Singapore shares closed lower on Monday, taking a cue from the Wall Street's broad-based losses last Friday, on lingering concerns over the state of the global economy amid rising Delta virus cases.