Daily Debrief: What Happened Today
Stories you might have missed
Govt watching economic numbers closely, will step in to help if needed: Chan Chun Sing
Minister in the Prime Minister's Office Chan Chun Sing on Friday said the Government is keeping a close watch on the economy and will not hesitate to step in to help if needed.
Singapore targets 2,000 new PMET jobs in food manufacturing industry transformation
The Singapore government on Friday launched its food manufacturing industry transformation map, hoping to cook up a 4.5 per cent annual productivity improvement and 2,000 new skilled jobs by 2020.
Singapore's domestic wholesale trade down 13.8% in Q3
Domestic wholesale trade in Singapore contracted by 13.8 per cent in the third quarter of this year compared to the same period in 2015, said the Department of Statistics Singapore on Friday (Nov 18) in its latest report.
Malaysia Central Bank says it's intervening in currency market
Malaysia's central bank said it's intervening in the currency market as policy makers across the region contend with exchange-rate volatility.
Singdollar, ringgit tumble as greenback soars on Yellen rate comments
The US dollar vaulted to 13 1/2-year highs against a basket of major currencies after Federal Reserve Chair Janet Yellen signaled an interest-rate hike could be imminent.
Goldman Sachs maps out its top ten market themes for 2017
It's not even Thanksgiving yet, but Goldman Sachs Group Inc is already preparing for 2017. In a note to clients on Thursday, a team led by Chief Credit Strategist Charles Himmelberg released its top ten market themes for next year.
The STI Today
Singapore shares close week higher despite weakness in Dow futures, Europe
THE Straits Times Index (STI) on Friday rose 25.17 points to 2,838.65, thanks to gains in the Jardine stable, Genting Singapore and Singtel. This came with 1.3 billion units worth S$1.09 billion traded and brought the STI's rise for the week to 24 points or 0.9 per cent.
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International
UK wage growth and services inflation too high for rate cut, BOE’s Greene says
US to reduce licensing by 80% for UK, Australia to boost Aukus
IMF tells Asian central banks not to follow Fed too closely
UN chief warns Mideast on brink of 'full-scale regional conflict'
IMF boss says ‘all eyes’ on US amid risks to global economy
UK financial sector seeks stronger accountability of regulators