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Daily Debrief: What Happened Today

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Unlike most digital exchanges, the DBS Digital Exchange will not hold any of the crypto assets.

Stories you might have missed

DBS plans crypto exchange

THE platform will list four top cryptocurrencies, Bitcoin, Ether, Ripple, and Bitcoin Cash, against multiple fiats, including the Singapore dollar, US dollar, Hong Kong dollar, and Japanese yen.

Pace of Singapore's rebound to slow, recovery to take longer than past recessions: MAS

IN particular, "activity in travel-related and some contact-intensive domestic services could still fall short of pre-pandemic levels until health risks abate", said the MAS in a report.

Labour market expected to rebound amid weak, uneven recovery: MAS

LOCAL employment is expected to rebound more strongly than foreign employment, partly due to government subsidies for hiring locals.

Chipmaker STMicroelectronics, A*Star unit and Japan's Ulvac in Singapore R&D tie-up

FRANCO-ITALIAN chipmaker STMicroelectronics will open a cutting-edge research and development (R&D) line at its manufacturing facility in Singapore, in a three-way public-private tie-up announced on Wednesday afternoon.

Singapore, Hong Kong travel bubble expected to launch in November

THE planned air travel bubble between Singapore and Hong Kong may start next month, Minister for Transport Ong Ye Kung said in response to queries from The Business Times.

Fortuna Hotel next to Farrer Park MRT station up for sale with S$98.8m guide price

LOCATED at a junction along Owen Road and Serangoon Road, Fortuna Hotel occupies a freehold site of 8,332 square feet (sq ft) with a gross plot ratio of 3.0 and is zoned for hotel use.

The STI today

STI falls 1.2% for third straight day on macro gloom, Covid-19 surge, US election risk

THE key Straits Times Index traded under water all day and closed at a near five-week low of 2,483.48 after falling 29.39 points or 1.17 per cent.

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