- 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.
