Daily Debrief: What Happened Today
Stories you might have missed
Singapore factory output improves most in 20 months with April's 2.9% increase
Factory output in Singapore picked up at its quickest pace in nearly two years in April, when it recorded a 2.9 per cent year-on-year increase.
Car buyers can take a bigger loan from Friday onwards.
CPF Investment Scheme-included funds slip in Q1; caution advised
The overall performance of unit trusts and investment-linked insurance products included under the Central Provident Fund Investment Scheme posted negative returns in the first quarter of this year amid market volatility, prompting an expert to urge caution.
Singapore Exchange pushes into Asian bond trading as IPOs sink
The bourse is recruiting more participants to its bond trading venue since its launch in December, Tsai Li Renn, head of fixed-income trading, said in an interview.
Singapore, Eurasian nations to study feasibility of free trade agreement
Singapore and the Eurasian Economic Union will conduct a joint feasibility study on a free trade agreement between the two economies, the Ministry of Trade and Industry announced on Thursday.
SIA to operate A350 service to Johannesburg from June 27
From June 27, the A350 will initially be deployed on flights serving the Singapore-Johannesburg route on Mondays, Thursdays and Saturdays.
Brent crude surpasses US$50 a barrel for first time this year
Brent crude passed US$50 a barrel for the first time in 2016 in Asia Thursday after data showed a fall in US crude inventories, adding to expectations of a tightening global market.
Corporate Earnings
The STI Today
Singapore shares close 0.24 per cent up on Thursday
The Singapore market closed 0.24 per cent higher on Thursday, with the Straits Times Index gaining 6.65 points to 2,773.31 as the price of Brent crude surpassed US$50 a barrel for the first time in nearly seven months.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations
Fed’s preferred core inflation gauge rose at a brisk pace in March
Thames water crisis risks £100 billion UK investment plan
Indian central bank issues draft guidelines for web aggregators of loan products
Vietnam National Assembly head resigns amid graft purge