Daily Debrief: What Happened Today

Authorities investigating ISR Capital share price crash

The Commercial Affairs Department and Monetary Authority of Singapore are investigating the crash in the share price of ISR Capital on Nov 24, the Public Prosecutor said on Tuesday.

Neil McGregor to succeed Tang Kin Fei as Sembcorp group president and CEO

Sembcorp Industries on Tuesday said that its group president and CEO, Tang Kin Fei, will retire on March 31, 2017 after 30 years with the group.

Cosco Corp (S) requests for trading suspension

Cosco Corporation (Singapore) requested to suspend the trading of its stocks on the Singapore Exchange before the market closed on Tuesday.

Swiss man linked to 1MDB investigation released from Thai prison

Thailand on Tuesday freed from prison a Swiss man jailed for blackmail and attempted extortion in a case linked to a scandal over Malaysian state fund 1Malaysia Development Berhad (1MDB).

Forland Shipping reaches temporary deal with Emas AMC on Congo project

Forland Shipping AS said it has reached a temporary agreement with Emas AMC for the deployment of offshore support vessel Lewek Inspector to complete an ongoing project off Congo.

SGX's kilobar gold futures contract gets Shariah-compliant status

The Singapore Kilobar Gold Contract of Singapore Exchange (SGX) has become the world's first Shariah-compliant gold futures contract.

The STI Today

Singapore shares close lower; STI dragged down by selling of DBS, OCBC

Selling of DBS and OCBC on Tuesday meant that the Straits Times Index (STI) finished the session 1.77 points lower at 2,911.31. Turnover, which dipped below S$1 billion on Monday for the first time in about a month, amounted to 1.6 billion units worth S$977 million. Excluding warrants, there were 175 rises versus 270 falls.