Daily Debrief: What Happened Today
Stories you might have missed
Singapore's non-oil domestic exports fall 15.6% in March
Singapore's non-oil domestic export plunged 15.6 per cent year on year in March, proving that the 2.0 per cent rise in February was what private-sector economists had predicted - a "one-month wonder".
Singapore households' inflation expectations inch up in March: survey
Singapore households' "one-year-ahead" inflation expectations crept up to 2.79 per cent in March this year from 2.74 per cent in December 2015, according to the findings of the latest Singapore Index of Inflation Expectations (SInDEx) - a quarterly survey by the Singapore Management University.
Over 50% of global fintech investment in Asia-Pacific this quarter
Fintech companies in the Asia-Pacific received more than half of the US$5.3 billion in global investment in the first quarter, an Accenture report on Monday showed.
Additional payment for OSIM shareholders who sold shares on April 5
Shareholders of OSIM International who sold their shares on April 5 below S$1.39 each will receive an additional payment from the group on a goodwill basis.
Hot stock: Catalist debutant Acromec jumps by more than 20%
Shares of local cleanroom specialist Acromec Ltd jumped by more than 20 per cent on their first day of trading on the Catalist board.
SIA, Airbus officially launch new flight training centre at Seletar
Singapore Airlines (SIA) and Airbus officially launched on Monday the Airbus Asia Training Centre at Seletar Aerospace Park, which aims to capitalise on the growing demand for flight crew training services.
SMRT takes Strides into private car hire business
Singapore public transport operator SMRT Corporation is venturing into the on-demand private car hire segment, putting it in the same market as ride-sharing platforms Uber and Grab.
Corporate Earnings
The STI Today
Singapore shares close weaker but off their lows, thanks to Dow futures rebound
The failure of talks over the weekend in Doha to limit the supply of oil brought the sellers out and gave traders an excuse to go short on Monday with the Straits Times Index (STI) dropping 6.19 points to 2,917.75. Turnover was a low 927 million units worth S$815 million and excluding warrants there were 169 rises versus 244 falls.
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International
South Korea’s economic growth beats forecast as exports rise
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Luxury sector outlook clouded by China’s slow recovery
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