Daily Debrief: What Happened Today
Stories you might have missed
Singapore committed to pursuing rules-based global trading system: Lim Hng Kiang MR Lim said without the US, the TPP agreement as signed cannot come into effect. However, he said Singapore remains firmly committed to pursuing a rules-based global trading system and achieving greater regional integration.
Tweaks to tighten Singapore's patents law read in Parliament UNDER the revised Bill, before a patent is granted, all applications will be fully examined by the Intellectual Property Office of Singapore (IPOS) to ensure the inventions meet all of Singapore's standards.
Presidential election to be held in September with new campaign rules THIS year's presidential election will be pushed back to September, to avoid the campaigning period coinciding with National Day celebrations in August, said Minister in the Prime Minister's Office Chan Chun Sing on Monday (Feb 6).
Bank of Singapore clients can now book assets in Switzerland THIS arrangement will allow its Asian ultra-high and high net worth clients to open an account with Vontobel to place their assets in the Swiss wealth manager's Zurich booking centre.
FSL Trust says to expect significant net loss for FY2016, appoints new CEO THE trust, which owns ships and provides leasing services on a long-term bareboat charter basis, said in an announcement that it "deems it appropriate to issue a profit warning" with respect to its financial results for the year ended Dec 31, 2016.
Corporate Earnings
The STI Today
Singapore shares finish firmer, banks, GLP help STI rebound from last week's losses US banks rose on Friday and their local counterparts followed in their footsteps on Monday, helping push the Straits Times Index up 14.97 points to 3,056.91 after it had dropped 26 points last week on Thursday and Friday.
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International
Xi tells Blinken US, China should be 'partners, not rivals'
Indonesia’s push for regional economic integration to continue under Prabowo: Vivian Balakrishnan
Outgoing Singapore, Indonesia leaders to hold their final retreat in Bogor on Apr 29
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
China passes tariff law as tensions with trading partners simmer
Blinken meets Chinese counterpart Wang Yi in Beijing