Daily Debrief: What Happened Today
Stories you might have missed
Singapore Fintech Fest launches with more than 25,000 participants from over 100 countries THE second Singapore Fintech Festival began on Monday, hosting more than 25,000 participants from over 100 countries.
3 megadeals push Singapore M&A activity up 26% in 2017: Baker McKenzie THREE deals worth US$2 billion pushed mergers and acquisitions (M&A) activity in Singapore sharply higher in 2017, according to the third edition of the Global Transactions Forecast issued by Baker McKenzie.
CapitaLand opens its biggest-ever mall in Suzhou, over 3 times the size of ION Orchard CAPITALAND marked a record year of one million square metres of retail space offering with the opening of its largest mall yet in Suzhou, China.
Alibaba's Lazada drums up record sales of US$123m in South-east Asia on Singles Day E-COMMERCE site Lazada made US$123 million in sales on Singles Day last Saturday, smashing last year's tally by 171 per cent.
Noble Group said to lose key bank support as DBS cuts lending NOBLE Group Ltd, the commodity trader fighting for survival, lost support from one of its key banks as Singapore's DBS Group Holdings Ltd cut lending, according to a person with knowledge of the matter.
Singapore ranks low for consumers' trust in digital services, survey finds SINGAPORE comes in a surprising ninth out of 10 Asia-Pacific (APAC) economies when it comes to consumers' trust in digital services, according to a survey released on Monday by global information services firm Experian and market researcher International Data Corporation (IDC).
Corporate Earnings
The STI Today
Singapore shares end the day flat AFTER a slow start to the day, Singapore equities ended Monday's session flat even though local earnings have been strong.
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International
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons