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Daily Debrief: What Happened Today

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The Monetary Authority of Singapore is reviewing its regulatory regime for venture capital (VC) managers to get more of them in Singapore as part of the nationwide innovation drive.

MAS reviewing venture capital regime to anchor more funds in Singapore

The Monetary Authority of Singapore is reviewing its regulatory regime for venture capital (VC) managers to get more of them in Singapore as part of the nationwide innovation drive.


Imperative for investors to remain calm on Trump's victory: Bank of Singapore

At the same time, it is too early to aggressively add risk, James Cheo, investment strategist at Bank of Singapore, said on Thursday.

sentifi.com

Market voices on:


Singapore names Jho Low as person of interest in 1MDB-linked probe

The Commercial Affairs Department said on Thursday it is investigating elusive Malaysin tycoon Jho Low, his close business associate Eric Tan Kim Loong, and Mohamed Badawy Al Husseiny in relation to the money laundering operation linked to scandal-hit Malaysian state fund 1MDB.


Broker's take: DBS calls buy on CapitaLand on better earnings quality

DBS Group Research has a buy call on CapitaLand after the property group posted a robust set of earnings for its third quarter 2016 amid portfolio-wide improvement.


Protesters take to US streets over Trump victory

Throngs of demonstrators held marches across the United States on Wednesday to protest Republican Donald Trump's surprise victory in the US presidential election, blasting his campaign rhetoric about immigrants, Muslims and other groups.


Corporate Earnings


The STI Today

Singapore shares close higher as banks rally in line with US banks

Wall Street's surprise rally on Wednesday in response to Donald Trump winning the US presidential election reverberated across the region on Thursday, though the reason behind it was difficult to fathom.

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