Daily Debrief: What Happened Today
Stories you might have missed
Singapore industrial output seen up in May y-o-y on electronics strength: poll
Singapore's industrial production in May is expected to have risen for the tenth consecutive month year-on-year, a Reuters poll showed, thanks to strong output in electronics.
COE premiums fall across the board
Certificate of entitlement (COE) premiums ended lower across the board amid a weak vehicle market.
Business confidence in Asia up, Singapore scored lowest: survey
Business confidence in Asia rose to a three-year-high in the second quarter of the year, propelled by a slew of favourable economic data across the region and easing concerns over the health of China's economy, a Thomson Reuters/INSEAD survey showed.
Flight trials at Changi Airport Terminal 4 to start in next few weeks
Trials at Changi Airport's Terminal 4 will enter the next phase in the coming weeks with participating airlines running selected commercial flights.
Singapore to ink agreements to enhance tax cooperation on exchange of information
Singapore will be inking two agreements to enhance tax cooperation on the exchange of information.
Uber co-founder Travis Kalanick resigns as chief executive
Uber Technologies Inc Chief Executive Travis Kalanick, co-founder of one of the most influential technology companies of its generation, resigned on Tuesday under mounting pressure from investors over his leadership.
Hot stocks: UOL, UIC, Haw Par's trading halt fuels UIC privatisation speculation
Speculation over the potential privatisation of United Industrial Corp (UIC) has resurfaced following the requests to halt the trading of the shares in the company along with those of subsidiaries, UOL Group and Haw Par Corp.
YuuZoo completes delayed audit, cuts reported 2016 profit by 59%
YuuZoo Corp is cutting its reported 2016 net profit by 59 per cent and posting a loss for 2015 after the delayed completion of its annual audit, according to its annual report.
The STI Today
Singapore shares close trading down 28.65 points
Singapore shares ended Wednesday's trading on a weak note, dragged by the banking stocks and other index heavyweights.
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International
Philippines’ Recto sees rate-cut delay risk if peso sinks to 59
Ecuador president declares state of emergency over energy crisis
US Senate has agreement on Fisa reauthorisation, will vote on Friday night, Schumer says
US expects to finalise new Aukus trade exemptions in next 120 days
IMF concerned about debt, fiscal challenges facing low-income countries
Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising