Daily Debrief: What Happened Today

MAS flags risks from 'excessive exuberance' in property market THE Monetary Authority of Singapore (MAS) sounded a note of caution on the property market on Thursday, saying that recent market developments such as the en-bloc rage and rising land prices could pose risks to the market's stability.

Singapore October bank lending up 1.4%: MAS SINGAPORE'S total bank lending in October climbed 1.4 per cent from September, on the back of higher loans to financial institutions.

Singapore banks could lose 5% of operating income from disruption: MAS study SINGAPORE banks that do not fend against fintech disruption could stand to lose more than 5 per cent of their operating income, a study by the Monetary Authority of Singapore (MAS) showed on Thursday.

Lower unemployment among PMETs, incomes rose at faster pace this year: MOM SINGAPORE resident professionals, managers, executives and technicians (PMETs) found themselves in a better position in 2017, with lower unemployment and long-term unemployment rates than 2016.

Yio Chu Kang freehold site The Stradia up for en bloc sale with S$22m reserve price A MIXED development site along Yio Chu Kang Road has been launched for tender on Nov 28 with a reserve price of around S$22 million.

GLP privatisation bid gets shareholders' nod GLOBAL Logistic Properties' (GLP) shareholders have approved Nesta Investment Holdings' proposed privatisation bid, which will take place via a scheme of arrangement.

The STI Today

Singapore shares close 0.2% down on Thursday SINGAPORE stocks finished 0.2 per cent lower on Thursday, with the Straits Times Index retreating 5.45 points to 3,433.54.