Daily Debrief: What Happened Today (Jul 7)
Add BT as a preferred source
Stories you might have missed
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
[SINGAPORE] Shares of Singapore’s three banks closed at record highs on Tuesday (Jul 7) to top the blue-chip Straits Times Index (STI) after a Citi note earlier in the day lifted the target prices for the trio.
Singapore to pump S$800 million into transport and connectivity research and innovation over 5 years
[SINGAPORE] The Republic will more than double its investment in research and innovation for transport and connectivity to S$800 million over the next five years, Acting Minister for Transport Jeffrey Siow said in Parliament on Tuesday (Jul 7).
MAS proposes new corporate structure to grow alternative risk transfer market
[SINGAPORE] The Monetary Authority of Singapore (MAS) has proposed a new corporate structure designed to make alternative risk transfer solutions more accessible and cost-effective for companies, as it seeks to strengthen Singapore’s role as a regional risk management hub.
High-net-worth women in Asia are out-investing men in alternatives: Brookfield survey
A NEW survey by Brookfield, a New York-based global alternative asset manager, has found that high-net-worth (HNW) women in Asia are more likely than men to hold alternative investments: 83 per cent of such women surveyed owned such assets, against 73 per cent of men.
CICT, CapitaLand should snap up Bugis Junction Towers
[SINGAPORE] Earlier this year, CapitaLand is said to have looked at the Marina One office and retail asset, which was quietly put on the market with a price tag of around S$5.7 billion.
[SINGAPORE] Stronger capital markets do not emerge by accident. They require thoughtful regulation, sound institutions, evidence-based policymaking and continuous dialogue, said Piyush Gupta, chairman of Singapore Management University (SMU) and former CEO of DBS.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
