Daily Debrief: What Happened Today

COE premiums mixed in August's second bidding exercise

Certificate of Entitlement (COE) premiums were mixed in the second bidding exercise of August, with some dealers attributing the reduction in the big car premium to the poor economy.

HDB launches over 4,800 units for sale under August BTO exercise

The Housing & Development Board (HDB) on Wednesday launched 4,841 flats for sale under the August 2016 Build-To-Order (BTO) exercise.

Singapore's fiscal position strong despite lower real returns from GIC, Temasek: Moody's

The credit-rating agency said the lower returns from the two government-owned investment entities would have a limited impact on the country's fiscal position over the near to medium term.

Singapore exports fall 10.6% in July, fuel fears of economic contraction ahead

Singapore's non-oil domestic exports (NODX) fell by 10.6 per cent in July 2016 to S$12.6 billion compared to a year ago due to the decline in electronic and non-electronic exports. The contraction was sharper than the 2.5 per cent decline expected by most economists, and the 2.4 per cent contraction in June.

DBS working to offer its own version of Siri for banking

DBS Bank is working with US-based Kasisto, a spin-off from SRI International - the brains behind Apple's voice assistant Siri - to enable customers to bank from their preferred mobile messaging application by year-end.

Swiss private bank Falcon blocked from new Singapore business: report

Swiss private bank Falcon has been blocked from taking on new business in Singapore by the Monetary Authority of Singapore (MAS), Swiss newspaper Finanz und Wirtschaft said on Wednesday, citing information it had obtained.

SingPost's ex-CEO Wolfgang Baier joins Luxasia as its group chief executive

Singapore Post's (SingPost) former chief executive officer Wolfgang Baier has joined beauty company Luxasia Group.

The STI Today

Singapore shares close 15.5 points down

Singapore shares closed lower with the key Straits Times Index falling 15.5 points or 0.5 per cent to end the day at 2,843.35.