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Singapore Wrap Wednesday
With the Singapore general election over, the developers' body has renewed its call to the authorities to tweak the property cooling measures.
Shell Singapore on Wednesday announced that it has more than doubled the production of high-purity ethylene oxide and ethoxylates at its site on Jurong Island.
People's Action Party (PAP) politicians paid tribute to Singapore's founding father Lee Kuan Yew on his 92nd birthday on Wednesday, saying he can rest in peace knowing Singaporeans voted hugely in favour of the ruling party in the latest election.
Commuters seem more satisfied with Singapore's public transport system, particularly taxi services and public buses, which recorded significantly improved scores in a quarterly survey.
The Singapore-dollar bond market is falling but that has not stopped the Land Transport Authority (LTA) from selling more debt.
The STI Today
After falling 47 points since the start of the week, the Straits Times Index on Wednesday bounced 26.8 points to 2,868.74 in line with an overnight rally on Wall Street that probably also helped Hong Kong and China stocks to a sharp Wednesday rebound.