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Daily Debrief: What Happened Today
Bank lending in Singapore fell in September from the previous month, dragged down by weaker business loans, preliminary data from the Monetary Authority of Singapore (MAS) showed on Friday.
Manufacturing firms in Singapore have turned pessimistic about their future prospects, according to a quarterly Economic Development Board (EDB) survey report released on Friday.
Firms in Singapore's services sector have turned bearish about their short-term business prospects, according to a poll by the Department of Statistics (DOS) released on Friday.
The Singapore government will help food companies take up new initiatives that promote digital solutions in taking orders, automated dishwashing, and new dining formats.
Singapore's most popular short is turning into a great way to lose money.
Huge cost savings are waning for US shale oil companies, marking an end to the drastic price cuts on equipment and services over the past 16 months that helped them survive the worst industry downturn in six years.
- GLP reports 27.4 per cent growth in Q2 net profit
- UIC's Q3 net profit up 9% to S$65.28m
- UOB's Q3 net profit slips 1 per cent, declares one-off 80th anniversary dividend
The STI Today
The US Federal Open Markets Committee (FOMC) penultimate meeting of 2015 provided the week's central focus for markets all over the world.