Daily Debrief: What happened today

Stories you might have missed

Singapore's population shrinks 4.1% y-o-y to 5.45m in June 2021 due to Covid-19

Singapore's population shrank 4.1 per cent between June 2020 and June 2021 to 5.45 million, largely due to the drop in non-residents during the Covid-19 pandemic, according to the annual Population in Brief 2021 report on Tuesday.

South-east Asia startup deals hit record high in H1: report

A record number of investments poured into South-east Asian startups in the first half of this year, although total capital invested fell as investors focused on smaller deals in the region's fast-growing tech sector.

Singapore should step up to help emerging countries with net-zero transition, says BlackRock CEO

Blackrock chairman and chief executive Larry Fink has called on Singapore to play a pivotal role in helping to facilitate the path towards net-zero emissions, particularly for the emerging world where the impact of the transition will be painful and the need for capital is acute.

Don't write off China, Evergrande is no Lehman: DBS CIO

Fears from the Evergrande crisis and Beijing's continued regulatory crackdown across sectors have led many investors to throw in the towel on China, but DBS chief investment officer Hou Wey Fook notes that a 30 to 40 per cent fall in the Chinese stock market every few years is "not uncommon".

F&B, retail outlets in Singapore's CBD hurt by work-from-home measures

Food and beverage and retail players in Singapore's central business district were dealt a heavy blow when the month-long work-from-home directive kicked off on Monday.

Femtech startup Ease raises US$1.3m led by Insignia

Ease Healthcare, a startup focused on access to women's health services, has raised US$1.3 million in seed funding, led by Insignia Ventures Partners. The startup said that this is the largest round in South-east Asian femtech, an industry that has long been underfunded, as BT previously reported.

The STI today

STI falls 0.73% amid Evergrande fears, China power crunch

Singapore shares fell on Tuesday as markets continue to grapple with fears over the fate of debt-hit Evergrande and China's energy shortages and production curbs.