Daily Debrief: What Happened Today
Stories you might have missed
Legitimate to expect disclosures on rebates for bond sales: MAS
Some form of disclosure on rebates for bond sales by private banks is important, and a legitimate expectation, Monetary Authority of Singapore (MAS) managing director Ravi Menon said.
PM Lee, Philippine President Duterte hold first bilateral meeting
Singapore Prime Minister Lee Hsien Loong and Philippine President Rodrigo Duterte reaffirmed the "long and close" bilateral ties in their first such bilateral meeting since the latter took office in late June this year.
Singapore, Australia to share data to reduce tax evasion
Singapore and Australia have taken another step to jointly support greater tax transparency and fight tax evasion.
Singapore matchmaking startups Glints, Lunch Actually raise Series A funds
Two homegrown companies said on Tuesday that they have raised venture capital to expand their services - coincidentally, both are in matchmaking.
China Environment responds to SGX queries, says assets are greater than liabilities
China Environment, which manufactures air pollution control and treatment systems in China, said on Tuesday that the group's current assets are greater than its current liabilities after taking in an impairment charge of 356 million yuan (S$72.3 million).
Tourist influx brings no joy to Singapore hotels amid room glut
An influx of tourists to Singapore this year has brought little joy to the city's hoteliers, as a glut of rooms sends a key revenue measure to a six-year low.
The STI Today
Singapore shares close 1.6% higher on Tuesday
Share prices on the Singapore bourse closed higher on Tuesday with the key Straits Times Index up 44.81 points or 1.6 per cent at 2,896.55.
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International
US inflation increases moderately in February; consumer spending surges
Fed’s balancing act could see June rate cut in play even with sticky inflation
China’s red carpet draws CEOs but few expect their money to follow
Australia wants businesses to diversify after China scraps wine tariffs
Japan FX chief calls yen’s slump unusual, vows to act if needed
Trump’s meme stock is skyrocketing but for how long?