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Daily Debrief: What Happened Today

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The certificate of entitlement (COE) quota shrinks for the second straight quarter, contracting 6.2 per cent to 24,234 for the November 2016 to January 2017 period.

Fewer car COEs in next quota

The COE quota shrinks for the second straight quarter, contracting 6.2 per cent to 24,234 for the November 2016 to January 2017 period.


Non-landed private home rents eased 0.6% m-o-m in Sept, HDB rents down 0.3%: SRX

Rentals as well as leasing volumes fell month-on-month (m-o-m) in September 2016 for both non-landed private homes and HDB flats, according to the latest flash estimates released by SRX Property on Wednesday morning.


Swissco stock suspended amid debt restructuring, lawsuits

Offshore services provider Swissco Holdings' shares have been suspended since Wednesday morning as the group works on a debt restructuring plan, it said in a Singapore Exchange filing.


'Head Office is watching': How Falcon ignored 1MDB red flags

Managers at Zurich-based Falcon brushed aside concerns raised by a number of bank employees, the Swiss regulator said.


Singapore-Australia partnership greater than the sum of its parts: PM Lee

Prime Minister Lee Hsien Loong spoke about how the shared outlook and ethos of Singapore and Australia that have led to a "deep friendship".


Singapore marina tycoon and CEO of SUTL wants Chinese travellers to set sail

The tycoon behind a Singapore berth for mega-yachts is hoping hot towels and rice porridge breakfasts can lure Chinese tourists to marinas and leisure boats in European destinations like Venice, Ibiza and Cinque Terre.


Corporate Earnings


The STI Today

Singapore shares close lower on Wednesday

Wall Street's Tuesday blowout ensured a weak day for the local market on Wednesday with the Straits Times Index dropping 42.42 points or 1.5 per cent to 2,813.71 in relatively heavy volume of 2 billion units worth S$1.3 billion.