Daily Debrief: What Happened Today

Stories you might have missed

Infrastructure, commodities, water – here’s what some of the world’s largest investors are buying

SOME of the world’s largest investors see good prospects in commodities, infrastructure, real estate and water assets. They also remain bullish on China, noting that its sheer size makes it a geography that investors cannot ignore.

Malaysia’s inflation eases to 3.8% in December, bringing full-year rate to 3.3%

MALAYSIA’S inflation rate continued to moderate to 3.8 per cent in December, as food prices grew at a slower pace, according to consumer price index (CPI) data from Department of Statistics Malaysia (DOSM) on Friday (Jan 20).

SPH Media to investigate circulation issue more fully

SPH Media Trust (SMT) will reassess its methodology for reporting of circulation data after an internal review found that circulation data had been overstated, the company said in a statement on Friday (Jan 20).

Battle for the board

WHO controls the boardroom of Kitchen Culture Holdings is a question that yields different answers depending on whom, and when, you ask.

COE supply for Feb to April up by 3.4% to 3,144 per month; first rise after 2 quarters of decline

THE supply of certificates of entitlement (COEs) will rise by 3.4 per cent for the period between February and April 2023, the first increase after two quarters of decline.

Corporate Earnings

Suntec Reit’s H2 DPU fell 9.7% to S$0.04074 as financing costs rise

SUNTEC Real Estate Investment Trust’s (Suntec Reit) distribution per unit (DPU) fell by 9.7 per cent to S$0.04074 for the second half of 2022 ended December, from S$0.04512 a year ago.

The STI today

Singapore shares jump with Asian markets; STI rises 0.5%

SINGAPORE shares increased on Friday (Jan 20) despite losses on Wall Street overnight, joining the rally with its Asian peers.