A quick look at all the market moving events and big financial news of the day. From SBI Offshore's CFO exit to Manulife U.S. REIT's rights issue, get your daily dose of all the latest in the world of business right here.
Singapore stocks snapped four-day gains on Monday, dragged lower by lenders such as OCBC amidst weak global risk appetite following North Korea's latest nuclear test.
The Straits Times Index fell 1.4 percent or 46 points to end at 3,230.
Catalist-listed SBI Offshore fell as much as 5 percent afterthe company said Amy Soh Wai Ling has tendered her resignation as the company's chief financial officer.
Singaporean conglomerate Keppel Corp said its property arm Keppel Land's chief executive officer will be leaving the company after more than 26 years of service. The stock was down about 0.6 percent.
Wastewater treatment firm China Everbright Water said its consortium has won the Nanning Shuitang River Integrated Restoration Public-Private Partnership Project in Guangxi Zhuang Autonomous Region. The stock, however, fell 1 percent.
Manulife U.S. Real Estate Investment Trust said it would undertake a rights issue to raise US$208 million to fund its the proposed acquisition of an office building in New Jersey. Its shares lost 2 percent.