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Daily Debrief: What Happened Today
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THE Republic's banking system was identified as an "early-exiter" with low negative impact when it comes to recovery prospects for banking jurisdictions and the expected recovery will be by the end of 2022.
Q INVESTMENT Partners (QIP) on Thursday launched a £30 million (S$52.13 million) UK purpose-built student accommodation investment fund, the firm's largest fund to date.
OVER 80 per cent of Singapore investors remained invested in the markets, even as the value of their investments has fallen due to the coronavirus outbreak, according to a survey by Fidelity International published on Thursday.
CAPITALAND Commercial Trust (CCT) and CapitaLand Mall Trust (CMT) in a recent dialogue with unitholders, said that with or without a merger, both Reits (real estate investment trusts) have already been adopting a diversification strategy even within their own portfolios.
THE bank said it has teamed up with Visa to tap a new Visa application programming interface (API) which enables customers to add their Visa credit and debit cards securely into popular apps using the bank's mobile banking app, UOB Mighty, without the need for a physical card.
CUSTOMERS with compatible devices can connect to the M1 5G network in the central business district, Orchard Road, Suntec City and Marina Bay regions from Friday.
The STI today
THE benchmark Straits Times Index (STI) fell 1.22 per cent or 30.32 points to 2,450.82.