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Daily Debrief: What Happened Today
The Trans-Pacific Partnership (TPP) is one of the paths towards free trade in the Asia-Pacific region and countries have to work towards free trade so as not to miss out on the many opportunities for cooperation, says Prime Minister Lee Hsien Loong.
Corporate activity in Singapore slowed over the third quarter with deal value of announced mergers and acquisitions (M&A) down 27.2 per cent from the previous quarter and lower by 26.7 per cent from a year ago, according to latest data released by Thomson Reuters.
Singapore Exchange (SGX) has tied up with Industrial and Commercial Bank of China (ICBC) to promote its capital markets and support Chinese companies seeking to list on the local bourse.
Singapore Exchange (SGX) welcomed the inaugural listing of rupee-denominated or Masala bonds issued by one of India's largest mortgage lenders, Indiabulls Housing Finance Ltd (IBHFL), on Monday.
Noble Group Ltd is still seeking a strategic investor as the founder and chairman of the embattled Asian commodities trader says it will take as much as two years for a return to profit.
Australian shares struggled to advance on Monday, with technical glitches marring early dealing and later forcing a halt to afternoon trade.
The STI Today
The Straits Times Index (STI) on Monday drifted within a narrow band before a late afternoon push took it up 24.69 points to 2,852.14, ahead of this week's US Federal Open Markets Committee (FOMC) meeting.