Daily Debrief: What Happened Today

Fitch cuts Noble's credit rating further into junk grade

Fitch Ratings has slashed commodities trader Noble Group's credit rating further into junk grade.

Keppel units in joint venture acquire Shanghai mixed-used project for US$525m

Keppel Land China and Alpha Investment Partners have tied up with a co-investor to acquire an office and retail mixed-used development, SOHO Hongkou in Shanghai, China, for some US$525 million.

Six HDB shopping malls have been upgraded for S$48m

SIX HDB shopping complexes have been upgraded at a cost of some S$48 million as at June this year.

Fed's Williams sees interest rates rising as inflation moves up

Federal Reserve policy maker John Williams made the case on Monday for further gradual increases in interest rates, saying he expects inflation to rise to the central bank's 2 per cent target next year as unemployment edges lower.

Takata seeks US bankruptcy protection after air-bag recalls

Takata Corp filed for bankruptcy in the US, more than eight years after initial recalls involving its defective air bags spiralled into the biggest safety crisis in automotive history.

Hong Kong activists stage China protest ahead of Xi visit

Hong Kong pro-democracy protesters on Monday draped a black flag over a statue symbolising the city's return to China by Britain, days before a visit by President Xi Jinping to mark 20 years since the handover.