Daily Debrief: What Happened Today
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Singapore moneylenders' credit bureau to start operations in 2016
Singapore's moneylenders' credit bureau will begin operations next year, DP Information Group (DP Info) said on Thursday. DP Info has been appointed to run the new credit bureau. The Ministry of Law will require all licensed moneylenders to provide information of their loans and the payment behaviour of their customers to the bureau.
SPH launches Singapore's first car-selling concierge service
Wheel Deal, a "first-of-its-kind" car-selling concierge service in Singapore, was unveiled by Singapore Press Holdings' Marketing Division on Thursday.
Humble CEO generates higher return on assets: study
Companies with humble chief executive officers (CEOs) enjoy higher return on assets, according to a joint study by the National University of Singapore and Arizona State University.
New Asian players could emerge as threats to established cities like Singapore: JLL
A number of cities in the Asia-Pacific, including Sydney and Seoul, could emerge to challenge the dominance of established world cities such as Singapore, Hong Kong and Tokyo, property consultants JLL said.
Corporate Earnings
Historic Xi-Ma summit advances China's long game for Taiwan
The upcoming summit between Chinese President Xi Jinping and Taiwanese President Ma Ying-jeou is historic - literally. It's been seven decades since top leaders from both sides, technically still in a state of war, have met in a formal diplomatic encounter.
The STI Today
Singapore shares close lower on US rate worries
The Straits Times Index slipped 16.83 points to 3,023.65 on Thursday in quiet trading that saw 1.2 billion units worth S$948.6 million traded, a loss that came despite a slight firming in Hong Kong and China, as well as a modest rise in the Dow futures.
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International
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons
BOE reports record usage of short-term liquidity repo
Philippines central bank not seeing rate hike despite peso weakness: finmin