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Daily Debrief: What Happened Today

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The week-long festival is organised by the Monetary Authority of Singapore (MAS), in partnership with The Association of Banks in Singapore (ABS) and in collaboration with SingEx Holdings.

Singapore Fintech Fest launches with more than 25,000 participants from over 100 countries
THE second Singapore Fintech Festival began on Monday, hosting more than 25,000 participants from over 100 countries.

3 megadeals push Singapore M&A activity up 26% in 2017: Baker McKenzie
THREE deals worth US$2 billion pushed mergers and acquisitions (M&A) activity in Singapore sharply higher in 2017, according to the third edition of the Global Transactions Forecast issued by Baker McKenzie.

CapitaLand opens its biggest-ever mall in Suzhou, over 3 times the size of ION Orchard
CAPITALAND marked a record year of one million square metres of retail space offering with the opening of its largest mall yet in Suzhou, China.

Alibaba's Lazada drums up record sales of US$123m in South-east Asia on Singles Day
E-COMMERCE site Lazada made US$123 million in sales on Singles Day last Saturday, smashing last year's tally by 171 per cent.

Market voices on:

Noble Group said to lose key bank support as DBS cuts lending
NOBLE Group Ltd, the commodity trader fighting for survival, lost support from one of its key banks as Singapore's DBS Group Holdings Ltd cut lending, according to a person with knowledge of the matter.

Singapore ranks low for consumers' trust in digital services, survey finds
SINGAPORE comes in a surprising ninth out of 10 Asia-Pacific (APAC) economies when it comes to consumers' trust in digital services, according to a survey released on Monday by global information services firm Experian and market researcher International Data Corporation (IDC).

Corporate Earnings

The STI Today

Singapore shares end the day flat
AFTER a slow start to the day, Singapore equities ended Monday's session flat even though local earnings have been strong.