Daily Debrief: What Happened Today
Stories you might have missed.
The COE quota shrinks for the second straight quarter, contracting 6.2 per cent to 24,234 for the November 2016 to January 2017 period.
Non-landed private home rents eased 0.6% m-o-m in Sept, HDB rents down 0.3%: SRX
Rentals as well as leasing volumes fell month-on-month (m-o-m) in September 2016 for both non-landed private homes and HDB flats, according to the latest flash estimates released by SRX Property on Wednesday morning.
Swissco stock suspended amid debt restructuring, lawsuits
Offshore services provider Swissco Holdings' shares have been suspended since Wednesday morning as the group works on a debt restructuring plan, it said in a Singapore Exchange filing.
'Head Office is watching': How Falcon ignored 1MDB red flags
Managers at Zurich-based Falcon brushed aside concerns raised by a number of bank employees, the Swiss regulator said.
Singapore-Australia partnership greater than the sum of its parts: PM Lee
Prime Minister Lee Hsien Loong spoke about how the shared outlook and ethos of Singapore and Australia that have led to a "deep friendship".
Singapore marina tycoon and CEO of SUTL wants Chinese travellers to set sail
The tycoon behind a Singapore berth for mega-yachts is hoping hot towels and rice porridge breakfasts can lure Chinese tourists to marinas and leisure boats in European destinations like Venice, Ibiza and Cinque Terre.
Corporate Earnings
The STI Today
Singapore shares close lower on Wednesday
Wall Street's Tuesday blowout ensured a weak day for the local market on Wednesday with the Straits Times Index dropping 42.42 points or 1.5 per cent to 2,813.71 in relatively heavy volume of 2 billion units worth S$1.3 billion.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
South Korea readies new system to detect illegal short-selling
US births retreat after pandemic-era growth
Markets are embracing India's Modi for what he won’t do
Blinken to meet businesses in Shanghai as he kicks off a tough China trip
Indonesia’s central bank surprises with ‘pre-emptive’ rate hike to cushion falling rupiah
South Korea’s economic growth beats forecast as exports rise