
Daily Debrief: What Happened Today (Apr 7)

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Singapore has announced a S$1 billion support package amid rising energy costs, while the government opts not to cut fuel duties. The ongoing Iran war is expected to negatively impact Singapore's growth and increase inflation. The US has removed an inaccurate claim regarding Singapore's 2024 trade surplus from an unfair trade probe. Singtel and CPF Board will transfer legacy discounted shares to 615,000 shareholders, and MUFG affiliate Jaccs has acquired 49% of CarTimes Capital. IMDA is reviewing regulations following disruptions at Singtel, with no evidence of cyberattacks found.
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