Market Round-Up: What did you miss?

A quick look at all the market moving events and big financial news of the day. From MAS probing Standard Chartered to Boustead Projects order win, get your daily dose of all the latest in the world of business right here.

SGX Logo. Reuters
  • Singapore stocks ended slightly lower on Tuesday, dragged down by lenders such as DBS Group Holdings even as trading across Asia was positive as Japan, Korea markets reopened after holidays.
  • The Straits Times Index fell 0.08 percent or 3 points to 3,288.
  • Engineering services provider Boustead Projects advanced 1.2 percent after its unit Boustead Projects E&C Pte secured S$56 million of contracts in Singapore.
  • Real estate investment trust SPH REIT Management rose 1 percent after reporting an increase in fourth-quarter distribution per unit and gross revenue.
  • Singapore Exchange proposed a raft of changes to its rules on securities trading and market practices.
  • SGX proposes to formalise exchange practices relating to, for example, securities trading and error trade.
  • The Monetary Authority of Singapore is looking at the issues Standard Chartered is under investigation for and will take firm action against any financial institution that breaches money laundering rules, the Financial Times reported.
  • Jason Marine, which provides marine communications and navigation systems, said it expects to report a net loss in the first half.