Daily Debrief: What Happened Today
Stories you might have missed
Developers sold 1,252 private homes in Oct, more than double 509 units in Sept: URA
Developers' housing sales rose last month over the preceding month as well as on a year-on-year basis, show latest government numbers.
Singapore's Sept retail sales excluding cars down 1.9% y-o-y
Retail sales in Singapore, excluding vehicles, for the month of September inched up slightly from the previous month, but were still lower than the same month last year.
Unable to pay bond interest, Rickmers seeks trading halt, flags going-concern risk
The trustee-manager of Rickmers Maritime said on Tuesday it is unable to pay a S$4.26 million interest for its bonds due on Nov 15.
SIA, Lufthansa expand codeshare operations
Singapore Airlines (SIA) and the Lufthansa Group are expanding their partnership agreement via additional connections and new codeshare destinations. This is the result of a joint-venture agreement inked between the two airline groups in Nov 2015.
Temasek says it remains 'significantly invested' in Alibaba
Temasek Holdings Pte Ltd, which pared its stake in Alibaba Group Holding Ltd in the third quarter as the stock rallied, said China's biggest online retailer remains an essential part of its portfolio.
Point72 eyes further Singapore hires after 9 recruits in 2016
Point72 Asset Management plans further hires in Singapore after recruiting nine people in the city-state this year. This year's additions helped boost Point72's Singapore employees to 27, from 14 in Mar 2015.
Corporate Earnings
The STI Today
Singapore shares close mixed as STI stabilises after two-day selloff
After dropping 47 points on Friday and Monday as the Wall Street-inspired post-Donald Trump rally quickly lost momentum, the Straits Times Index (STI) on Tuesday managed a 10.28 points rebound to 2,797.55.
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Economy & Policy
Daily Debrief: What Happened Today (Mar 28)
Competition watchdog names ex-director Alvin Koh as new CEO
Just a third of Singapore firms adopt at least three key cybersecurity measures: survey
Daily Debrief: What Happened Today (Mar 27)
Singapore’s factory output extends growth in February with 3.8% rise, beating estimates of 0.5%
Share of newly created job vacancies in Singapore at six-year high