Singapore stocks open higher on Wednesday; STI up 0.1%

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SINGAPORE shares began trading on Wednesday morning in slightly positive territory, even as US equities retraced from their recent highs overnight amid a soft retail sales report and as a vaccine-led rally faded. Read more at The Business Times.

, under a proposed scheme by the Reserve Bank of India, DBS said in a bourse filing on Tuesday night. If approved, DBS will inject 2,500 crore rupees into DBS Bank India Ltd to support the amalgamation.as Singapore lenders make flexi-work a permanent post-Covid-19 feature. Among other things, Singapore's largest lender will give its 29,000-strong workforce the option to work remotely up to 40 per cent of the time.

has been priced at S$1.17, the bottom end of the indicative range, its manager said in a bourse filing on Wednesday. Meanwhile, its private placement was upsized to raise gross proceeds of about S$245.4 million.

 

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