Market Round-Up: What did you miss?

A quick look at all the market moving events and big financial news of the day. From Spackman Entertainment's Korean acquisition to Singtel's collaboration with Ericsson, get your daily dose of all the latest in the world of business right here.

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.