Daily Debrief: What Happened Today (Dec 16)

Daily Debrief: What Happened Today (Dec 16)


Stories you might have missed

Singapore’s new home sales more than treble in November as six projects hit the market

SINGAPORE’S private home market burst back to life in November, on the back of consecutive project launches, strong pent-up demand, and rising consumer sentiment. 


Perennial to operate China’s first wholly foreign-owned tertiary general hospital in Tianjin

INTEGRATED real estate and healthcare player Perennial Holdings will open and operate China’s first entirely foreign-owned hospital in Tianjin, the group announced on Monday (Dec 16).


Allianz confirms withdrawal of offer for Income Insurance 

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ALLIANZ said it has withdrawn its pre-conditional offer to buy at least 51 per cent of the shares in Income Insurance for 1.5 billion euros (S$2.1 billion).  


Singapore business confidence remains mixed for Q1 2025

LOCAL businesses in Singapore maintained cautious optimism for the first quarter of 2025, despite a moderate rise in the Singapore Commercial Credit Bureau’s Business Optimism Index.


CLI to acquire Australian credit investment manager Wingate for A$200 million

CAPITALAND Investment is acquiring the property and corporate credit investment management business of Wingate Group in Australia for A$200 million (S$173 million), to expand its private credit business and portfolio in the country.


STI inches up 0.3% on Monday, bucking regional trend

THE Straits Times Index closed up on Monday, while major regional indices closed lower.



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