Daily Debrief: What Happened Today

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Singapore office rents improve in Q4 2021, will continue to grow: Knight Frank

AFTER a slow start to 2021, Singapore office rents grew in Q4 and are expected to improve in 2022, Knight Frank reported in their quarterly office market update.

SGX likely to post moderate H1 FY2022 earnings, dragged by cash equities: UOBKH

THE Singapore Exchange (SGX) is expected to grow year on year in most segments based on strong H1 financial year 2022 volumes, reported UOB Kay Hian (UOBKH) ahead of results announcements from the Singapore Exchange.

Straits Trading launches private placement to raise S$80.9m, priced at S$3.11 per share

THE Straits Trading Company on Tuesday (Jan 18) announced it has launched its private placement to raise gross proceeds of S$80.9 million.

Chip Eng Seng's CFO takes on new C-suite roles at education division

MAINBOARD-LISTED Chip Eng Seng's group chief financial officer (CFO) Law Cheong Yan is stepping down from his role to become the new group chief corporate officer and chief operating officer of its education division, while Kenny Yong Shan Siong will take over as group CFO.

Yuan strength is symptom of Omicron

CHINA'S currency has strengthened since the news broke about the Covid-19 Omicron variant. This is not a coincidence. A more transmissible variant would reinforce many of the yuan's key supports, just as the original strain did when it went global.

The STI today

STI snaps 8-day rally with 0.2% decline to 3,280.04 points

MARKETS in Asia largely closed lower on Tuesday (Jan 18) as investor sentiment weakened due to inflation concerns. The Straits Times Index (STI) broke its 8-day winning streak to close down 0.2 per cent, or 7.91 points at 3,280.04.