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Daily Debrief: What Happened Today
Remembering SR Nathan
Even after retiring as president of Singapore, SR Nathan continued to engage with Singaporeans from all walks of life to share his experiences gleaned from the many decades of his illustrious career in public service.
- SR Nathan was 'extraordinary' by being 'simple and ordinary': Zainul Abidin Rasheed
- SR Nathan encouraged many to better their lives: eulogy speakers
Reversing four consecutive months of year-on-year expansion, manufacturing output in Singapore declined 3.6 per cent in July, due to broad-based contractions in all clusters except electronics.
Business receipts for the services industry in Singapore edged up 0.4 per cent year on year in the second quarter, a release from the Department of Statistics on Friday showed.
Singapore's air quality stood at unhealthy levels as haze from Indonesian forest fires intensified Friday, blanketing the city-state in a layer of smoke.
Lotte Group Vice Chairman Lee In Won was found dead hours before he was scheduled to be questioned by South Korean prosecutors in connection with an investigation into corruption at one of the country's largest conglomerates.
China's Yangzijiang Shipbuilding Group is looking to slash 2,000 more jobs in a bid to further reduce costs as its order intake for shipbuilding slows.
- Croesus's Q4 profit falls 21.8% on fair-value adjustments; DPU up at 1.7 cents
- Silverlake Axis Q4 profit up 3%
The STI Today
The Straits Times Index on Friday closed down 19.28 points at 2,857.65, ahead of a key speech to be delivered by Federal Reserve chairwoman Janet Yellen that could indicate the timing of the next rate hike.