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Daily Debrief: What Happened Today

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The Singapore economy is expected to see modest gains in the quarters ahead, the Monetary Authority of Singapore (MAS) said on Wednesday in its twice-yearly review, while keeping to the guidance of 2016 GDP growth at between one and 3 per cent.

Modest gain in Singapore GDP expected in 2016 amid weak global demand: MAS

The Singapore economy is expected to see modest gains in the quarters ahead, the Monetary Authority of Singapore (MAS) said on Wednesday in its twice-yearly review, while keeping to the guidance of 2016 GDP growth at between one and 3 per cent.


Great Eastern's CFO, Tony Cheong, resigns to join MNC

Great Eastern Holdings' chief financial officer, Tony Cheong, has resigned to join a multinational corporation, said the group in an announcement early Wednesday morning.


Bukit Batok by-election: PAP's Murali to square off against SDP's Chee on May 7

It's official. There are only two contenders for the by-election in Bukit Batok, after both the People's Action Party's (PAP) Murali Pillai and the Singapore Democratic Party's (SDP) Chee Soon Juan made it through the Nomination Day proceedings on Wednesday without fuss.


Clifford Chance appoints new Singapore managing partner

International law firm Clifford Chance on Wednesday announced the appointment of three Singapore-based partners to leadership positions.


Moody's says 1MDB default raises contingent liability risks to sovereign

Moody's on Wednesday said the 1Malaysia Development Berhad (1MDB) default raises contingent liability risks - a credit negative for the sovereign.


Malaysia names new central bank governor to succeed longtime chief Zeti

Malaysia said on Wednesday it has appointed Muhammad Ibrahim as the new governor of the central bank, after months of market speculation and uncertainty ahead of the retirement of longstanding chief Zeti Akhtar Aziz.


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The STI Today

Singapore shares close 0.7% down on Wednesday

Singapore stocks continued their losing streak on Wednesday, notching a fourth session of decline as traders held their breaths ahead of the outcomes of policy meetings at the United States Federal Reserve and the Bank of Japan.