Daily Debrief: What Happened Today
Stories you might have missed
Private home prices down 0.7% in Q1: URA
Private residential property prices slipped 0.7 per cent in the first quarter, from the fourth quarter of last year, flash estimates from the Urban Redevelopment Authority (URA) released on Friday show.
Heng Swee Keat launches startup initiative, fintech office
Finance Minister Heng Swee Kiat on Friday announced the launch of SG-Innovate - a startup initiative he unveiled last week with Budget 2016 - and a new financial technology (fintech) office for startups.
PM Lee 'not very optimistic' about getting TPP ratified before Jan 2017
Prime Minister Lee Hsien Loong remains hopeful that the Trans-Pacific Partnership (TPP) free trade pact can be ratified before January 2017, but he is "not very optimistic" about that possibility.
Singapore's MAS easing among threats to best bonds outside Japan
The biggest bond traders in Singapore say a rally that's challenging Japan in the race to be the world's best-performing debt market is about to end.
Budget 2016 hits right priorities, but not seen to have much impact: Yougov poll
The 2016 Singapore Budget addressed the right priorities but may not be very impactful, said respondents to a Yougov poll.
The STI Today
Singapore shares close lower after window undressing
This week was all about two events - US Federal Reserve chair Janet Yellen's comments on Tuesday about US interest rates and window-dressing of key blue chips as the end of the first quarter on Thursday drew closer.
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International
Norway's wealth fund posts US$109 billion Q1 profit as tech stocks soar
Norway wealth fund backs NatWest plan to buy more state-owned stock
Japanese firms agree on 5.2% pay raise, biggest union group Rengo says
Singapore ready to harvest economic opportunities in the Philippines: Vivian Balakrishnan
Australia regulator flags surge in company insolvencies to 11-year high
Elon Musk stakes fortune on cult following who made him rich