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Daily Debrief: What Happened Today

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Tuesday, November 15, 2016 - 18:30

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Potential buyers at Forest Woods showroom. Developers'' housing sales rose last month over the preceding month as well as on a year-on-year basis, show latest government numbers.

Developers sold 1,252 private homes in Oct, more than double 509 units in Sept: URA

Developers' housing sales rose last month over the preceding month as well as on a year-on-year basis, show latest government numbers.


Singapore's Sept retail sales excluding cars down 1.9% y-o-y

Retail sales in Singapore, excluding vehicles, for the month of September inched up slightly from the previous month, but were still lower than the same month last year.

sentifi.com

Market voices on:


Unable to pay bond interest, Rickmers seeks trading halt, flags going-concern risk

The trustee-manager of Rickmers Maritime said on Tuesday it is unable to pay a S$4.26 million interest for its bonds due on Nov 15.


SIA, Lufthansa expand codeshare operations

Singapore Airlines (SIA) and the Lufthansa Group are expanding their partnership agreement via additional connections and new codeshare destinations. This is the result of a joint-venture agreement inked between the two airline groups in Nov 2015.


Temasek says it remains 'significantly invested' in Alibaba

Temasek Holdings Pte Ltd, which pared its stake in Alibaba Group Holding Ltd in the third quarter as the stock rallied, said China's biggest online retailer remains an essential part of its portfolio.


Point72 eyes further Singapore hires after 9 recruits in 2016

Point72 Asset Management plans further hires in Singapore after recruiting nine people in the city-state this year. This year's additions helped boost Point72's Singapore employees to 27, from 14 in Mar 2015.


Corporate Earnings


The STI Today

Singapore shares close mixed as STI stabilises after two-day selloff

After dropping 47 points on Friday and Monday as the Wall Street-inspired post-Donald Trump rally quickly lost momentum, the Straits Times Index (STI) on Tuesday managed a 10.28 points rebound to 2,797.55.

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