Singapore Wrap Friday
Today's notable stories
GE2015
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Singapore, M'sia, Thailand produce guide for cross-border offerings
Authorities in Singapore, Malaysia and Thailand have published a handbook to guide companies that hope to offer securities across borders through a streamlined review framework.
Onus on companies to monitor information leaks: SGX
While a company is involved in confidential and material discussions, it must closely monitor the trading of its stock, said Tan Boon Gin, chief regulatory officer of the Singapore Exchange (SGX).
Genting HK gets nod from regulator to up stake in Aussie casino group
Genting Hong Kong (HK) has received approval from one of two Australian authorities to raise its stake in Echo Entertainment Group above 10 per cent, the gaming company announced on Friday.
The STI Today
Singapore shares close lower ahead of key US jobs report
The closure of China's market on Thursday and Friday to celebrate the end of World War II may have helped ease pressure on the Straits Times Index on Thursday, but it didn't help on Friday when the STI plunged 42.62 points or 1.5 per cent to 2,863.81 in tandem with a slide in the futures contract on the Dow Jones Industrial Average ahead of the release of the US August jobs data.
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International
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations