Daily Debrief: What Happened Today

Stories you might have missed

Travel bookings to South-east Asia from mainland China surge over 10 times post-reopening

SOUTH-EAST Asia is apparently among the top of the travel list for mainland Chinese tourists, who have recently been granted the freedom to travel again after years of border closure due to Covid-19.

First digital trade deal between Singapore, South Korea to come into effect on Jan 14

THE Korea-Singapore Digital Partnership Agreement (KSDPA) is slated to come into effect on Saturday (Jan 14).

Why you shouldn’t put all your money in T-bills and SSBs (answer: you won’t beat inflation)

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TREASURY bills (T-bills) and Singapore Savings Bonds (SSBs) have captivated retail investors in Singapore with their attractive yields.

UOB prices S$850m in 5.25% perpetual capital securities, first callable in 2028

UOB has priced S$850 million in 5.25 per cent perpetual capital securities on Thursday (Jan 12), which will be first callable in 2028.

Rex International’s unit offered participating interests in two Norway licences

REX International’s 91.65-per cent owned subsidiary Lime Petroleum has been offered participating interests in two new offshore licences.

The STI today

Singapore stocks rise on optimism over cooling US inflation; STI up 0.8%

THE Straits Times Index (STI) rose 0.8 per cent or 25.97 points to close at 3,293.75 points on Friday (Jan 13), as slowing inflation in the US lifted investor sentiment.