Daily Debrief: What Happened Today
Stories you might have missed
CAD investigates Jason Holdings director, subsidiary; impounds director's passport
The Commercial Affairs Department (CAD) is investigating Jason Holdings director Jason Sim Chon Ang and the company's subsidiary Jason Parquet Specialist (Singapore) regarding a possible offence under the penal code, the company announced late on Thursday.
Singapore's GIC in talks to own at least 7% of Vietnam's Vietcombank: sources
Singapore's GIC Pte Ltd is in talks to own a state of at least 7 per cent in Vietcombank, sources with knowledge of the matter said, in what would be the sovereign wealth fund's second major investment in Vietnam this year.
Indonesia arrests six suspects allegedly planning Singapore attack
Indonesian authorities arrested six suspected militants on Batam island on Friday who were believed to be linked to the Islamic State group and plotting an attack on nearby Singapore, an Indonesian police spokesman said.
MCI proposes independent dispute resolution body for telecoms industry
The Ministry of Communications and Information (MCI) is looking to establish an alternative dispute resolution mechanism for the telecommunications and media sectors on the lines of the one established for the financial industry, the FIDReC (Financial Industry Disputes Resolution Centre Ltd).
Former president S R Nathan still critically ill, unconscious: PM Lee
In a Facebook post following his visit to Singapore General Hospital, Mr Lee said that Mr Nathan "is restful and his vital signs are currently stable".
As Yahoo Messenger shuts down, oil traders bid a fond farewell
As European and American markets open on Friday, oil traders face a new era with Yahoo Messenger, the main tool used by traders to communicate since the late 1990s, shutting down.
Corporate Earnings:
The STI Today
Singapore shares close weaker, weighed down by fallout from Swiber's bankruptcy
The local stock market this year has been buffeted by mainly external factors such as Brexit, weak oil and concerns over China's economy. This week the focus switched to internal worries brought on by the collapse of offshore and marine (O&M) stock Swiber Holdings, which a week ago filed for liquidation then changed this to an application to be placed under judicial management.
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International
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations