Singapore Wrap Thursday
Today's notable stories
GE2015
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PUB calls tender to build Singapore's fourth desalination plant
National water agency PUB said on Thursday that it would call a tender to build Singapore's fourth desalination plant at Marina East.
Nikkei Singapore PMI shows Aug business conditions up slightly
Singapore firms posted only a marginal improvement in overall operating conditions in August, according to the Nikkei Singapore purchasing managers' index (PMI) released on Thursday.
UOL, Yangzijiang, SATS to join STI from Sept 21
From Sept 21, UOL Group, Yangzijiang Shipbuilding and SATS will replace Jardine Matheson, Jardine Strategic and Olam International as constituents of the Straits Times Index (STI). This comes after the conclusion of the semi-annual review.
SIA faces delay in premium economy roll-out on A380 fleet
Singapore Airlines (SIA) said on Thursday that premium economy will not be available for some confirmed bookings for its Airbus A380 fleet due to delays in the seat installation programme.
The STI Today
Singapore shares close higher as STI tracks Dow futures; HK and China closed
The closure of Hong Kong and China for a public holiday on Thursday brought some relief to a battered Straits Times Index which had fallen 79 points between Monday and Wednesday.
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International
Putin plans to meet Xi in China days after his new term starts
Biden vetoes bid to repeal US labour board rule on contract, franchise workers
Economic leaders of South Korea, Japan, China say FX volatility is a risk
US automakers win extension on use of Chinese graphite in EV tax credits
US service sector contracts in April; price pressures up
Thaksin’s daughter calls central bank independence an ‘obstacle’