Daily Debrief: What Happened Today

Stories you might have missed

Creative Tech sale, new strategic direction, board refresh could be on the cards

ELECTRONICS company Creative Technology could see some change in direction – or at least a change in ownership – following the death of its founder and sole substantial shareholder Sim Wong Hoo, market watchers said.

Ringgit to consolidate in near term as Malaysia sees greater political stability: Fitch Solutions

THE year 2023 will be one of greater stability for Malaysia, on both political and foreign-exchange fronts.

Singapore fashion players head overseas as homegrown labels take off

SINGAPORE fashion brands are gaining popularity among local consumers, with some consumers attracted to the green credentials of several of these homegrown labels, and others seeking a piece of home in their wardrobes.

Olam Agri picks banks for US$1b Singapore listing

OLAM Group has picked banks to lead a planned Singapore listing of its agribusiness unit that could raise as much as US$1 billion, people familiar with the matter said.

Vietnam market correction represents once-in-a-decade buying opportunity: Maybank

VIETNAM’S Ho Chi Minh Stock Exchange, the country’s main bourse, is trading at once-in-a-decade low valuations and presents “attractive” arbitrage opportunities for investors, according to Maybank Securities.

The STI today

Singapore stocks fall, tracking Wall St retreat; STI down 0.5%

SINGAPORE shares were in the red on Friday (Jan 6) amid a mixed showing across regional markets.