Singapore opened this morning as a hot spot.
The Singapore stock market opened at 3.26 points or 0.1% on Thursday.
Rents of local private homes in SRX: rose 0.3% in May.
The HKMA will incorporate climate risks into the management of foreign exchange reserves and plans to force financial institutions to make climate-related disclosures
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-Moomoo News Team
Opening snapshot
The Singapore stock market opened at 3.26 points or 0.1% on Thursday (June 10). As of 9: 02 a.m.$FTSE Singapore Strait Index (.STI.SG) $It was reported at 3156.73.
The total trading volume was 76.32 million shares, with a trading value of 50.09 million yuan. 95 stocks rose and 47 stocks fell.
Today's hot spot
Rents of local private homes in SRX: rose 0.3% in May.
Rents for private homes in Singapore have risen for the fifth month in a row, rising 0.3 per cent in May from a month earlier, but down from 1.3 per cent in April.
Singapore real estate joint trading network SRX released the latest estimates this morning, showing that (CCR), the core central district, which represents high-end private homes, and other central areas, (RCR), which represents mid-range private homes, rose 1.1 per cent and 0.5 per cent respectively, while (OCR) outside the central area, which represents mass private homes, fell 0.6 per cent.
Compared with the same period last year, overall rents for private homes rose 7.3% in May. Among them, the rent of popular private homes increased most significantly, reaching 9.7%, while the rents of high-end private homes and mid-range private homes increased by 5.1% and 6.1% respectively.
The HKMA will incorporate climate risks into the management of foreign exchange reserves and plans to force financial institutions to make climate-related disclosures
The Monetary Authority of Singapore will next incorporate climate risks and opportunities into the management of foreign exchange reserves and allocate US $1.8 billion (S $2.38 billion) to invest exclusively in climate-related investment opportunities. Five fund managers have been appointed to manage climate-related equities and fixed income portfolios.
The Monetary Authority of Singapore today released its first sustainability report. At a press conference, the Director of the HKMA, Meng Wenneng (Ravi Menon), announced a number of green and sustainable development measures.
In addition, the HKMA will then consult the financial industry to force financial institutions to provide climate-related disclosures. SGX will also consult the market and require listed companies to produce climate-related reports consistent with the recommendations of the Climate-related Financial Information Disclosure working Group ((Task Force on Climate-related Financial Disclosures,TCFD).
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Source: Lianhe Zaobao