Daily Debrief: What Happened Today

Singapore business confidence rises for 2nd straight quarter: SCCB BUSINESS confidence in Singapore improved for a second consecutive quarter in Q2 2018, according to the business optimism index study released by the Singapore Commercial Credit Bureau (SCCB) on Monday.

Noble Group paid co-CEO US$20m as company lost billions NOBLE Group handed its outgoing co-chief executive officer Jeff Frase a remuneration package worth about US$20 million last year, even as the commodity trader slumped to a record loss of almost US$5 billion.

Parliament: 500 companies placed on MOM's watchlist for unfairly favouring foreigners A total of 500 companies have been put on the Fair Consideration Framework watchlist over the past two years for unfairly favouring foreigners in their hiring, Manpower Minister Lim Swee Say said on Monday.

Parliament: Employment Act will be widened to cover workers earning more than S$4,500 THE Employment Act will be reviewed to ensure that higher-paid workers, including professionals, managers, executives (PMEs), will be entitled to employment terms such as paid sick leave and compensation for wrongful dismissals.

YuuZoo hit with SGX notice of compliance and queries over unaudited FY2017 results ONLINE media company YuuZoo Corporation has been slapped with both a notice of compliance and queries from the bourse operator over its latest full-year results announcement.

Government to remove sales charge under CPF Investment Scheme THERE will be a reduction in the sales charge for new purchases of CPFIS products from 3 per cent to 1.5 per cent from Oct 1. The sales charge will be removed entirely from Oct 1 next year.

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The STI today

STI falls 1.2% on jitters over Trump's tariff threats AFTER opening at 3,490.06, the benchmark Straits Times Index closed at 3,438.61, down 40.59 points, or 1.2 per cent.