Daily Debrief: What Happened Today (Jul 9)

Stories you might have missed

As US-Iran war resumes, volatility returns to SIA, Oiltek shares

[SINGAPORE] As peace talks fail in the Middle East and the Strait of Hormuz – through which 20 per cent of global oil flows – effectively closes again, markets and economies are bracing for the fallout from a sustained spike in oil and gas prices.

DBS, OCBC, UOB push STI to new highs as institutions pile in ahead of earnings

[SINGAPORE] A surge of institutional capital into the Singapore market is driving local banks into uncharted territory, with DBS : D05 +1.64% shares breaching the S$70 threshold for the first time.

Del Monte Pacific defends solvency after SGX flags US$787 million deficit

[SINGAPORE] Del Monte Pacific has defended its ability to remain a going concern, pushing back against regulatory concerns over its working capital deficit and thin cash reserves.

Gold’s epicentre is shifting to Asia, with prices buoyed by regional demand: analysts 

[SINGAPORE] Asia is emerging as the new centre of gravity for the global gold market, with resilient regional demand supporting bullion prices as Singapore and Hong Kong strengthen their gold trading infrastructure.

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Daily Debrief: What Happened Today (Jul 8 )

As Johor votes, investors watch for continuity in cross-border growth push

[KUALA LUMPUR] Johor voters head to the polls this Saturday (Jul 11) in a high-stakes state election that analysts and industry players say is unlikely to slow the southern state’s Malaysia-Singapore growth pact.

Singapore’s competition watchdog seeks feedback on Texas Instruments’ proposed acquisition of Silicon Labs

[SINGAPORE] Singapore’s competition watchdog has launched a public consultation on the proposed acquisition of wireless technology company Silicon Laboratories by Texas Instruments (TI).