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Daily Debrief: What Happened Today
THE Intellectual Property Office of Singapore (IPOS) will be lowering application fees for patent and trademark protection and adjusting some other fees, starting April 1 this year.
There will soon be greater cooperation and communication for cross-border insolvency proceedings. On Wednesday, a new set of guidelines will be officially implemented between Singapore's Supreme Court and the United States bankruptcy court for the district of Delaware.
Technics Oil and Gas, which is currently under judicial management, is selling its controlling stake in structural steel works company Technics Steel Pte Ltd for S$950,000.
Indonesia's annual inflation rate accelerated in January, mainly due to increases in the prices of processed food and drinks as well as cigarettes, the statistics bureau said on Wednesday.
South Korean exports rose in January for a third consecutive month and at the fastest pace in nearly five years, preliminary data showed on Wednesday, handsomely beating expectations.
Federal Reserve officials convene this week amid expectations that they will take a break after their December interest-rate hike to assess whether the economy is shifting out of its low-inflation, 2 per cent growth mode into a higher gear.
The STI Today
With a more than 30-point rise in the Dow futures on late Wednesday afternoon, market sentiments turned bullish and most regional bourses rebounded into positive territory.