Daily Debrief: What Happened Today
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Singapore's Q4 GDP up 1.8%, 2015 growth at 2%
The Singapore economy grew at a slightly slower-than-expected 1.8 per cent year-on-year in the fourth quarter of 2015, the Ministry of Trade and Industry said on Wednesday morning, as the manufacturing sector contracted more than anticipated and services expanded at a slower pace than initially thought.
Singapore's manufacturing declines more than expected in Q4
Singapore's manufacturing sector declined even more than expected in the fourth quarter, contracting by 6.7 per cent on a year-on-year basis, according to the Ministry of Trade and Industry.
Singapore NODX down 0.1% in 2015; forecast stays at 0 to 2 per cent for 2016
Singapore's trade performance is tipped to be a bit better in 2016, despite a softer global economic outlook since the start of the year and after the poor showing in 2015.
DBS clinches Khazanah Nasional's USD bond sale
DBS Bank has scored a coup clinching Khazanah Nasional's first unrated and unsecured USD sukuk or Islamic bond deal, which is also so far this year's largest sukuk sale.
Singaporeans target ambitious 8.4% annual investment return: BlackRock
Singaporeans have ambitious savings and investment targets, aiming for an annual return of 8.4 per cent, said asset manager BlackRock as it released the results of an online survey of 1,000 Singapore residents.
Temasek prices euro-denominated bonds due 2022 and 2028
Singapore investment company Temasek Holdings said it has priced its euro-denominated bonds due 2022 and 2028.
Corporate Earnings
The STI Today
Singapore shares close 2% down on Wednesday
Singapore stocks ended 2 per cent lower on Wednesday, with the Straits Times Index losing 52.11 points to 2,619.96.
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International
Britain’s retail sales disappoint in sign of lacklustre recovery
Explosions in Iran, US media reports Israeli strikes
US veto sinks Palestinian UN membership bid in Security Council
Pro-China local leader ousted in Solomon Islands election
Japan‘s March inflation slows to 2.6%, eyes on BOJ move
S&P downgrades Israel rating on heightened geopolitical risk