Daily Debrief: What Happened Today (Mar 3)
Stories you might have missed
US traders’ gold rush sparks Singapore’s bullion boom
SINGAPORE’S gold exports to the US have surged as traders there scramble to secure physical supply, driven by fears of trade disruptions and the Republic’s status as one of the few trade partners with zero US tariffs on the yellow metal in any form.
BATTLE lines are being drawn in the father-son tussle for control at mainboard-listed real estate player City Developments Ltd (CDL), involving Singapore’s richest clan.
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A GOVERNMENT review has found no “deliberate wrongdoing” or “wilful inaction” behind the disclosure of full NRIC numbers on the Accounting and Corporate Regulatory Authority’s (Acra) Bizfile portal on Dec 9 last year.
Genting’s leadership shake-up signals new era for one of Asia’s most powerful family empires
MALAYSIA’S Genting Group, one of Asia’s largest family-run conglomerates, may be transitioning to a more professional corporate structure as long-time chief Lim Kok Thay stepped down after nearly two decades at the helm.
Changing consumer trends, costs dampen nightlife, but government will provide support: Alvin Tan
CONSUMER behaviour has changed over the course of the pandemic, posing challenges to nightlife businesses, said Minister of State for Trade and Industry Alvin Tan. This is not just in Singapore, but also in countries such as the US and Japan, he said in Parliament on Monday (Mar 3).
CITY Developments Ltd (CDL) on Monday (Mar 3) morning tumbled at the opening after its trading halt was lifted.
ST Engineering drives gains for Singapore shares on Monday; STI up 0.3%
SINGAPORE stocks ended higher on Monday (Mar 3), tracking gains on Wall Street.
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