Singapore Wrap Wednesday
Today's notable stories
Redas chief calls for tweaking of property cooling measures
With the Singapore general election over, the developers' body has renewed its call to the authorities to tweak the property cooling measures.
Shell starts up 2 new Singapore chemical projects on Jurong Island
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.
Lee Kuan Yew can rest in peace knowing GE2015 results: PAP politicians
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 more satisfied with Singapore's public transport: survey
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.
LTA's S$1.3b bond sale gets strong reception amid weak market
The Singapore-dollar bond market is falling but that has not stopped the Land Transport Authority (LTA) from selling more debt.
The STI Today
Singapore shares close higher as traders anticipate Fed leaving rates unchanged
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.
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International
Cut aid for livestock farms to help climate fight, World Bank says
PM Modi votes as India’s marathon election heats up
US, Chinese climate negotiators meeting on greenhouse gas curbs
Japan’s service activity extends gains on solid demand, PMI shows
Australia’s retail sales volumes fall 0.4% in Q1
Xi bristles at criticism of China over the war in Ukraine