Daily Debrief: What Happened Today

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Published Tue, Feb 2, 2016 · 10:30 AM

Singapore's investment commitments in 2015 met or exceeded forecasts: EDB

The investment commitments in 2015 either met or exceeded the Economic Development Board's (EDB) forecasts for all indicators, the statutory board announced in a statement on Tuesday.

Flash: First legal case involving Singapore's probe into 1MDB

In the first legal case involving a massive probe into Malaysia's 1Malaysia Development Berhad, a criminal motion will be heard on Friday at the Singapore high court involving a senior private banker with BSI Singapore.

Two in three Singapore investors regret not planning their investments better: Manulife

Singapore investors may be diligent in saving and tracking their expenses, but the majority (69 per cent) regret not planning their investments better. One in three also hold debt, excluding mortgages.

SGX offers leniency on minimum trading price after January volatility; tweaks rule's formula

The Singapore Exchange (SGX) will grant about 20 mainboard-listed companies an additional six months to meet the coming minimum trading price requirement in light of market volatility in January, the market operator announced on Tuesday.

3-month SOR tumbles as USD takes a breather

A key interest rate, the three-month SOR or swap offer rate continues to fall steeply as the US dollar (USD) takes a breather.

Ringgit slides with stocks as 1MDB woes come back into focus

The ringgit declined the most in Asia and stocks fell as state-investment company 1Malaysia Development Bhd came back to haunt the currency just as a pickup in oil was stoking a recovery.

Corporate Earnings

The STI Today

Singapore stocks close weaker on fall in Dow futures; banks hit

The Straits Times Index on Tuesday dropped 23.18 or 0.9 per cent to 2,579.23 in tandem with a weak session for the Dow futures that indicated Wall Street might come under pressure. Turnover amounted to 669 million units worth S$993 million, down from Monday's S$1.07 billion and excluding warrants there were 167 rises versus 210 falls.