Daily Debrief: What Happened Today

Developers sold 7,529 private homes in 2015, up from 7,316 units in 2014

Developers sold 384 private homes in December 2015, down from 759 units in November 2015 but higher than the 230 units sold in December 2014.

Singapore Nov retail sales up 4.7% year-on-year, boosted by car sales

Once more, a massive double-digit surge in motor vehicle sales pulled up Singapore's retail sales in November. In year-on-year terms, retail sales grew 4.7 per cent, according to data released by the Department of Statistics on Friday.

Noble default risk rises most in Asia on debt payment challenge

Singapore-listed commodity trader Noble Group's default risk rose the most in Asia this year as a deepening resources slump threatens to worsen the imbalance between the company's cash flows and liabilities.

PACC Offshore, SembMarine prime picks for M&A: report

Mergers and acquisitions (M&As) should see a pick-up this year, with PACC Offshore and Sembcorp Marine as prime candidates, said a Maybank-Kim Eng Research report on Friday.

Suits filed by Sakae Holdings against ex-director and others begin

Mainboard-listed Sakae Holdings has said in a filing to the Singapore Exchange that the trial for the suits filed by the company against various defendants would begin on Friday in the Singapore High Court.

Global earnings downgrades haven't been this bad in seven years

Stocks are losing their last line of defense.

Corporate Earnings

The STI Today

Singapore shares close weaker; STI down 4.4% for week, 8.7% for 2016 so far

The first week of 2016 saw the Straits Times Index lose 4.6 per cent whilst the second, which is the one just past, saw it drop 121 points or 4.4 per cent. In all, 2016's loss to date has been about 252 points or 8.7 per cent - more, if US dollars are used.