Daily Debrief: What Happened Today
Stories you might have missed
Singapore junk bonds slump as Swissco seeks restructuring
Singapore's junk-bond market is suffering its worst rout in at least four years as debt restructurings spread among shipping and oil-and-gas service companies.
Sanofi's dengue vaccine approved in Singapore and 10 other countries
Sanofi Pasteur, Sanofi's vaccines unit, said on Tuesday that its dengue vaccine, Dengvaxia, had received market approval in eleven countries.
Singapore millionaire, 77, joins bondholders uniting in workouts
Jerry Tan, a 77-year-old retired Singaporean businessman, was among dozens of bondholders in the city who joined forces last week to submit their demands as more companies seek to restructure debt payments.
GIC, GSA investing in German student accommodation
Singapore sovereign wealth fund GIC and student accommodation operator GSA said in a joint press release that they are partnering to invest in the German market.
Activist backer Quarz urges Singapore's Metro to return cash
Activist investor Quarz Capital Management Ltd has turned its sights on Singapore, calling on retailer and real-estate developer Metro Holdings Ltd to return excess cash to investors.
Qatar Re gets licence to operate reinsurance branch in Singapore
Bermuda-headquartered reinsurer Qatar Re said on Tuesday that Singapore's Monetary Authority of Singapore (MAS) has given it a licence to operate a branch office in Singapore.
The STI Today
Singapore shares close higher on Tuesday but poor volume persists
The Straits Times Index laboured to a 13.8 points gain at 2,884.64 with the entire market's advance-decline score amounting to 222-128, excluding warrants.
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Economy & Policy
AI lacks judgement to set interest rates, MAS chief says
Trade between Singapore and Asean was at S$295.6 billion in 2023
Iras to claw back S$60 million from buyers who used ‘99-to-1’ loophole to avoid ABSD
Daily Debrief: What Happened Today (May 7)
Two men convicted in S$3 billion money laundering case deported to Cambodia
Daily Debrief: What Happened Today (May 6)