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Daily Debrief: What Happened Today
Developers' housing sales rose last month over the preceding month as well as on a year-on-year basis, show latest government numbers.
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.
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.
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 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 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.
- China Fibretech warns of 'significant' Q3 loss due to disputed payments
- UOB Kay Hian's Q3 profit falls 26% on low trading volumes
The STI Today
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.