Singapore Wrap Friday
Today's notable headlines
Singapore expresses "surprise" at statement of high-speed rail terminating at JB
Singapore's Ministry of Transport on Friday expressed "surprise" by a recent statement by Malaysia's Land Public Transport Commission to have the high-speed rail terminate at Johor Bahru, instead of Jurong East.
Singapore property cooling measures could be reviewed at year-end: UOB
The Singapore government could potentially review its property cooling measures towards the end of this year, said UOB in a research note on Friday.
Singapore to keep investing in public R&D in electronics: Lim Hng Kiang
Singapore will continue to invest in public research & development (R&D) in electronics, said Minister for Trade and Industry Lim Hng Kiang on Friday.
Fitch rates Singapore's first mortgage covered bond from DBS Bank
Fitch Ratings has assigned a 'AAA(EXP)' rating with Stable Outlook to DBS Bank's inaugural series of mortgage covered bonds to be issued from its programme, which complies with the requirements under the Monetary Authority of Singapore's Notice 648.
MND to look into more help for resale flat buyers wishing to live near parents: Khaw
The Ministry of National Development (MND) will study whether it can provide more help for those who wish to buy a resale flat to live near their parents, said Minister for National Development Khaw Boon Wan on Friday.
The STI Today
Singapore: STI stays flat as Greece, China dampen market
Singapore shares stayed mostly flat on Friday, with the Straits Times Index inching up by 0.54 point to close at 3,300.96 as caution about Greece and a Chinese bubble weighed on the market.
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International
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’
US jobs growth slows in April; jobless rate up to 3.9%