Daily Debrief: What Happened Today (Sep 18)
Stories you might have missed
Yen slumps 1% against Singdollar, greenback after BOJ hikes rates
[SINGAPORE] The Japanese yen weakened more than 1 per cent against the Singdollar after the Bank of Japan hiked interest rates by 25 basis points on Friday (Sep 18).
SC Capital Partners sells Rivervale Mall in Sengkang for around S$276 million
[SINGAPORE] Suchad Chiaranussati’s SC Capital Partners has inked a deal to sell Rivervale Mall, a suburban retail mall in Sengkang which it acquired seven years ago, for about S$276 million, The Business Times has learnt.
Keppel to link Indonesia solar farm with Jurong Island power plant for clean power import
[SINGAPORE] The Keppel Merlimau Cogen power plant on Jurong Island will be connected to a solar power facility in Indonesia via a subsea cable, as part of a clean power import project by asset manager Keppel.
CPIB hauls Multi-Chem CEO, COO in for questioning; stock hits ‘circuit breaker’
[SINGAPORE] Mainboard-listed IT distribution company Multi-Chem announced on Thursday (Sep 17) that its CEO, chief operating officer and two senior employees have been interviewed by the Corrupt Practices Investigation Bureau.
Five ways US$100 oil cuts both ways for Malaysia
[JOHOR BAHRU] Brent crude’s return to above US$100 a barrel raises a familiar question for Malaysia: Does an energy-exporting economy gain more from higher prices than it loses through subsidies, import costs and pressure on businesses and consumers?
Trade, Taiwan, Iran war, AI: What to expect at the Sep 24 Trump-Xi summit in Washington
[WASHINGTON/BEIJING] US President Donald Trump will welcome Chinese leader Xi Jinping next week for their second meeting in 2026, as the two leaders seek stability in a relationship under pressure over issues ranging from trade to Taiwan and Iran to global worries about artificial intelligence.
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