Market Round-Up: What did you miss?

A quick look at all the market moving events and big financial news of the day. From Rowsley's new CEO appointment to Keppel Land's acquisition, get your daily dose of all the latest in the world of business right here.

  • Singapore stocks edged lower on Tuesday, dragged lower by financials, industrials and amidst caution ahead of the Federal Reserve monetary policy meeting.
  • The Straits Times Index fell 0.49 percent or 16 points to end at 3,226.
  • Singapore's Keppel Land, a unit of conglomerate Keppel Group, on Tuesday said it acquired a prime site in Jakarta's central business district for 586 billion Indonesian rupiah (about S$60 million).
  • Shares in taxi operator ComfortDelGro declined 2.4 percent, extending Monday's plunge after its unit SBS Transit lost the tender to operate the Thomson-East Coast line to competitor SMRT.
  • Sembcorp Marine jumped 2.5 percent after its unit signed a letter of intent with the U.S.-based SeaOne for the construction of compressed gas liquid carriers.
  • Billionaire Peter Lim backed real estate services provider Rowsley appointed Tan Wee Tuck as chief executive officer with immediate effect. Shares in the company gained 4.7 percent.
  • Investment holding firm IPC Corp surged 40 percent after it announced its foray into artificial intelligence with the acquisition of Beijing iJourney Technology Development Co for about US$5.1 million.