Daily Debrief: What Happened Today
Stories you might have missed
Singapore's Q3 resident employment surges by 43,200; MOM now 'cautiously optimistic'
AUBECK Kam, permanent secretary at MOM, said there will still be "considerable uncertainty" as the labour market tends to lag developments in GDP growth.
Singapore non-oil exports drop for second straight month in November with 4.9% fall
THIS was worse than the median estimate of 0.3 per cent growth in a private poll by Bloomberg, and extended the decrease of 3.1 per cent in October.
MAS to further extend US$60b swap facility with US Federal Reserve
THE Fed's network of USD (US dollar) swap facilities with 14 central banks, including the MAS, has provided a "critical backstop" for USD funding needs globally, said Singapore's central bank.
Singapore CBD rents to hit S$9.54 psf per month by end-2020: report
THE real estate services firm expects rents to continue their decline in 2021 and the fall comes as companies start negotiating for shorter leases.
Razer Fintech partners Rely to offer buy-now-pay-later services in South-east Asia
THROUGH the new alliance, Razer Merchant Services (RMS) merchants will be able to provide interest-free (buy-now-pay-later) BNPL solutions to their customers.
Keppel to build vessel in the US worth S$600m; more bondholders accede to Floatel lock-up
ITS hull will have a length of 472 feet, a width of 184 feet and a depth of 38 feet, making it one of the biggest offshore wind installation vessels in the world.
Shareholder of EH-Reit's manager files appeal to finance minister against removal
THE shareholder of Eagle Hospitality Reit Management (EHRM) - manager of Eagle Hospitality Real Estate Investment Trust (EH-Reit) - on Dec 10 filed an appeal to Finance Minister Heng Swee Keat, regarding the directive on its removal.
The STI today
Singapore shares falter as macroeconomic uncertainty lingers, STI down 0.5%
THE benchmark Straits Times Index (STI) fell 0.5 per cent or 14.78 points to 2,858.02.
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International
Canada exploring higher tariffs on China electric vehicles: trade minister
Attacker of former US speaker Nancy Pelosi’s husband jailed for 30 years
US, TikTok seek fast-track schedule, ruling by Dec 6 on potential ban
Higher US food prices lead to a shift in shopping habits
Indian spice trade group fears plunge in exports due to ETO pesticide scrutiny
Abu Dhabi’s US$302 billion fund deepens AI and private credit push