Daily Debrief: What Happened Today

Singapore's NODX drop 12% y-o-y in Oct

Singapore's non-oil domestic exports extended their drop in October, sinking 12 per cent year-on-year after a revised 5 per cent fall in September.

CapitaLand to open 8 malls in 2017

Capitaland will open eight malls in Asia in 2017 with almost one million square metres of gross floor area, the property developer announced on Thursday.

BreadTalk to open UK's first Din Tai Fung in 2017 as part of JV

Breadtalk Group will team up with the franchise owner of the Din Tai Fung brand of restaurants to operate the trademark eatery in the United Kingdom.

Ezion, Swissco in legal spat over joint ventures

A legal spat is developing between two listed offshore and marine groups, Swissco Holdings and Ezion Holdings, over claims tied to their offshore drilling joint ventures.

KrisEnergy launches restructuring offer on S$330m of bonds due 2017, 2018

Krisenergy has launched a consent solicitation exercise to restructure S$330 million of bonds due 2017 and 2018. Under the proposed terms, the oil and gas producer is asking holders of its S$130 million of 6.25 per cent notes due 2017 to exchange their bonds at full face value for new notes that mature in 2022.

The STI Today

Singapore shares close higher, led by banks

A rebound in the three local banks on Thursday enabled the Straits Times Index to finish 19.49 points higher at 2,813.48. Also helping was an early rise in the Dow futures that signalled a probably firm opening for Wall Street for its own Thursday session.