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Daily Debrief: What Happened Today

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Prices and rents of private residential properties fell more steeply in the third quarter by 1.5 per cent in the third quarter and 1.2 per cent respectively from a quarter ago, latest data from the Urban Redevelopment Authority shows.

Private home prices, rents fell more steeply in Q3 than Q2

Prices and rents of private residential properties fell more steeply in the third quarter by 1.5 per cent in the third quarter and 1.2 per cent respectively from a quarter ago, latest data from the Urban Redevelopment Authority shows.


‚ÄčUBS faces possible suspension from IPO underwriting in Hong Kong

UBS Group AG said it could be fined and suspended from arranging Hong Kong initial public offerings as the city's securities regulator moves to punish the Swiss bank for its work on some IPOs.

sentifi.com

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Hot stock: SingPost surges 5% on regulatory nod for Alibaba to up stake

Shares of Singapore Post (SingPost) surged 5 per cent on Friday morning after the Info-communications Media Development Authority gave the nod for Chinese e-commerce giant Alibaba to raise its stake in the postal and logistics firm.


Ong Ye Kung, Ng Chee Meng promoted to full ministers from Nov 1

Acting Ministers Ong Ye Kung and Ng Chee Meng have been promoted to full ministers with effect from Nov 1, with both continuing in their existing portfolios at the Ministry of Education.


Yuan set for biggest monthly drop since August 2015 devaluation

The yuan headed for the biggest monthly drop since last year's shock devaluation, spurring concern that China's policy makers are becoming more tolerant of declines as exports slump and the dollar advances.


Corporate Earnings


The STI Today

Singapore shares drift lower in thin volume

Ahead of the US presidential elections on Nov 8 markets everywhere traded within narrow bands, which is entirely to be expected given the massive uncertainty that could ensue if Republican candidate Donald Trump wins.

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