Daily Debrief: What Happened Today
Stories you might have missed
Changi Airport Terminal 4 to open in second half 2017
Construction of Changi Airport's Terminal 4 has been completed and the terminal is expected to open in the second half of 2017. By then, it will be the first terminal to boast a slew of initiatives aimed at enhancing passenger experience and operational efficiency.
Singapore's non-oil domestic exports post 11.5% y-o-y growth in Nov
Singapore's non-oil domestic exports recovered to post a 11.5 per cent year-on-year jump in November after a 12 per cent plunge in the previous month, according to the latest trade data released by International Enterprise Singapore.
Tan Kiat How to take over as new IMDA chief
The Infocomm Media Development Authority (IMDA), the statutory board that regulates the infocomm and media sectors, will be led from Jan 1, 2017 by Tan Kiat How, the incoming chief executive officer (CEO).
Singapore releases 5 confirmed sites, 10 reserve sites for sale in 1H 2017
Singapore's Ministry of National Development unveiled on Friday five confirmed list sites and ten reserve list sites under the first half 2017 (1H2017) Government Land Sales (GLS) Programme.
UBS slashing nearly two dozen jobs in Asia in cost-cutting push: sources
UBS Group AG is cutting nearly two dozen jobs in its Asian investment banking business, mainly in Hong Kong and Singapore, as part of a push to slash costs, people with direct knowledge of the matter said.
The chief executive officer and executive director of interior design contractor Serrano Ltd has been declared bankrupt by the court.
The STI Today
Singapore shares end the week mixed as STI rises but broad market softens
The US Federal Open Markets Committee (FOMC) meeting this week was meant to be a non-event as markets had for several weeks been expecting an interest rate hike. As it turned out, the Fed lived up to expectations with a 25 basis points rate hike but simultaneously indicated that there could be three more hikes next year instead of the two that markets had forecast.
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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