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Daily Debrief: What Happened Today

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Shares of offshore and marine conglomerates, Keppel Corp and Sembcorp Marine, took a dive on Thursday on renewed jitters over the potential bankruptcy of their largest client for deep-water rigs, Sete Brasil.

Suspected IS militants stage deadly attack in Jakarta

Suspected Islamic State militants staged a gun-and-bomb assault in central Jakarta, killing several people in the worst attack in the Indonesian capital since at least 2009.


Hot stocks: Keppel and Sembcorp Marine fall more than 6%

Shares of offshore and marine conglomerates, Keppel Corp and Sembcorp Marine, took a dive on Thursday, on renewed jitters over the potential bankruptcy of their largest client for deep-water rigs, Sete Brasil.

sentifi.com

Market voices on:


Next COE quota up 16.4%

The February-April 2016 quarter will have 25,210 COEs, up from the 21,653 in the current November 2015-to-January 2016 period, or an expansion of 16.4 per cent.


Singapore PSA handles lower container volume in 2015 on weak global trade

PSA International Pte Ltd (PSA) said on Thursday that it handled 64.10 million Twenty-foot Equivalent Units (TEUs) of containers at its port projects around the world for the year ended Dec 31, 2015, down 2 per cent from the previous year.


Internal auditors find lapses, potential S$2m overstatement in Jason's HY2015 report

An internal audit, commissioned by Jason Holding's audit committee, has found certain lapses and a potential overstatement of about S$2 million in the parquet firm's results for the half year ended June 30, 2015 (HY2015).


Default risk to continue climbing in 2016: Moody's

Moody's on Thursday said it expects default risk to climb in 2016 as a result of widening spreads, sustained stress in commodity sectors, and the economic slowdown in China, among other factors.


Corporate Earnings


The STI Today

Singapore shares close sharply weaker as O&M stocks, banks take beating

The selling which has marked the start of 2016 returned on Thursday with a vengeance with the Straits Times Index plunging 51.93 points or 1.9 per cent to 2,644.57.

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