Daily Debrief: What Happened Today
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Jurong Port completes takeover of 41% stake in Universal Terminal
THE deal vaults Jurong Port's position in the oil storage business and this new acquisition will create strategic depth and critical mass for the company in the area of oil handling.
DBS Private Bank to expand share of sustainable investments in client portfolios
DBS Private Bank says it is committed to growing clients' allocations to sustainable investments from a current share of 41 per cent to over 50 per cent of assets under management (AUM) by 2023.
Greater focus on innovation crucial for Singapore's future: DPM Heng
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HE said that innovation "is critical to how Singapore, a city-state with no natural resources, grows and develops our economy, and strengthens our social fabric."
GL buyout offer crosses threshold for compulsory acquisition
AS at 6pm on Thursday, offeror GuocoLeisure Holdings received valid acceptances representing about 90.71 per cent of the total number of shares in GL.
Asean tech stocks down but not out: DBS
STRUCTURAL trends like 5G, telecommuting and electric vehicles (EVs) bode well for technology, while the region is still in the early days of economic recovery.
Singapore's high real yields seen drawing buyers after sell-off
THE underperformance of Singapore-dollar bonds is making way for buyers to return as the nation now offers the highest real yields among top-rated countries.
The STI today
Asian markets tumble amid rising yields; STI down 0.1 %
THE Straits Times Index (STI) slipped 0.1 per cent or 3.12 points on Friday to 3,134.54, faring better than major regional indices.
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