Daily Debrief: What Happened Today
Stories you might have missed
Singapore core inflation rises marginally to -0.3% in August
SINGAPORE'S core inflation in August eased slightly from its decade-low point in July but remained in negative territory for the seventh straight month.
Esco Group will add 100 positions in Singapore to fuel expansion
OVER the next year, the group will progressively hire more scientists and biomedical researchers to support research and development efforts through Esco Ventures X, its incubation arm for biotech startups.
Eagle Hospitality Trust to scrap all master leases after 'multitude of defaults'
TROUBLED Eagle Hospitality Trust (EHT) has issued notices of termination of master lease agreements (MLAs) to the master lessees of all its 18 properties, describing the current arrangement as "unviable".
Elite Commercial Reit sees rising demand for UK properties on tenant's hiring plans
THIS comes as its primary tenant, the UK government's Department Of Work And Pensions (DWP), is actively hiring more staff as part of its drive to double the number of work coaches in the country to 27,000 and amid increased services being provided by the government to support the economy in times of need.
ST Engineering dissolves inactive Saudi Arabia naval joint venture ST Engineering, which owns a one-third stake in ZHR Marine through its VT Halter Marine subsidiary, said on Wednesday that shareholders have agreed to dissolve the company as it "has no outstanding active programmes".
Singapore consumers move towards cashless, cautious spending: StanChart poll
SINGAPORE consumers are shifting towards online banking and online shopping amid the coronavirus pandemic, while also pivoting to better money management and mindful spending.
The STI today
STI claws back losses from previous days' fall, rises 0.72% THE Straits Times Index (STI) closed 17.85 points or 0.72 per cent higher at 2,481.14.
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International
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons
BOE reports record usage of short-term liquidity repo
Philippines central bank not seeing rate hike despite peso weakness: finmin