Market Round-Up: What did you miss? A quick look at all the market moving events and big financial news of the day. From Capitaland new PE fund to ComfortDelGro's exclusive talks with Uber, get your daily dose of all the latest in the world of business right here.
Singapore stocks snapped 5-day declines on Tuesday, tracking broader Asian shares as Wall Street recovered from two straight sessions of decline in the previous session. The Straits Times Index gained 0.52 percent or 17 points to end at 3,264. Taxi operator ComfortDelGro on Tuesday said it is in "exclusive" talks with U.S.-based Uber Technologies to manage its fleet of vehicles and booking software solutions in Singapore. CapitaLand rose about 1 percent after launching its US$300 million private equity fund to boost its real estate expansion in Vietnam . TEE International fell as much as 7 percent after trading resumed on Tuesday following the outcome of a scheme meeting. Catalist-listed SBI Offshore announced the departure of its Chief Executive Officer Chan Lai Thong, sending its shares down by as much as 7.5 percent.