Singapore Wrap Monday
Today's notable stories
MND gives details on Proximity Housing Grant and timelines for new measures
The Ministry of National Development on Monday provided more details on the four housing measures that Prime Minister Lee Hsien Loong mentioned in his National Day Rally speech on Sunday.
Singapore inflation eases to -0.4% in July
While Singapore's headline inflation rate eased to -0.4 per cent in July from June's -0.3 per cent, core inflation rose to 0.4 per cent last month from 0.2 per cent in June.
Commercial crime cases up 55%, others decline in first half of 2015
Commercial crimes in Singapore, led by online scams, increased significantly in the first six months of this year from a year ago, even as other offences including violent/serious property crimes, thefts and housebreaking cases declined.
Singapore General Election
NSP CEC member Mohamed Fazli Talip quits, the party's second resignation in a week
Ahead of the looming General Election, the National Solidarity Party has been rocked by yet another resignation, this time by central executive committee member Mohamed Fazli Talip.
The STI Today
Singapore: Shares close down 4.3% on fears over China economy
The Singapore market tumbled 4.3 per cent on Monday, with the Straits Times Index dropping 127.62 points to 2,843.39.
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International
UK wage growth and services inflation too high for rate cut, BOE’s Greene says
US to reduce licensing by 80% for UK, Australia to boost Aukus
IMF tells Asian central banks not to follow Fed too closely
UN chief warns Mideast on brink of 'full-scale regional conflict'
IMF boss says ‘all eyes’ on US amid risks to global economy
UK financial sector seeks stronger accountability of regulators