Trader works at DBS Group headquarters in Singapore. Reuters
  • Singapore stocks edged lower on Wednesday, dragged lower by financial shares such as DBS Group even as Asian equities trading near decade highs on easing Catalan worries.
  • The Straits Times Index fell 0.26 percent or 9 points to end at 3,280.
  • Spackman Entertainment, a South Korean theatrical film production group, jumped 4.3 percent after it entered into an agreement with four independent third parties to buy Korean film production company Take Pictures for S$3.9 million.
  • New Silkroutes Group climbed 6.3 percent after its unit Healthsciences International acquired 70 percent stakes in three dental clinics in Singapore for S$3.2 million to expand its healthcare business.
  • Singtel on Wednesday said it would collaborate with Swedish telecoms equipment provider Ericsson to launch a center of excellence (CoE) to facilitate 5G development and deployment in Singapore.