You are here
Daily Debrief: What Happened Today
Certificate of entitlement (COE) premiums slumped across the board on Wednesday, led by the big car category in the first bidding exercise for the new and larger February-April 2016 quota.
Recent declines in the Singapore stock market could signal a further correction in property prices in the coming quarters, said investment management firm JLL on Wednesday.
Job vacancies fell year on year to 60,000 in September 2015 amid softer economic conditions and Singapore's continued efforts to restructure towards a more productive and manpower-lean economy.
Singapore's private sector continued to see improving business conditions in January to report its most optimistic outlook in almost a year.
Frasers Centrepoint Ltd is considering listing a real estate investment trust in Singapore backed by Australian office and industrial properties, people with knowledge of the matter said.
The logic behind what would be the biggest acquisition by a Chinese firm comes down to the growing gap between two numbers - population and available agricultural land.
- Parkson reports sharp drop for Q2 FY16 bottom line
- Falcon Energy records loss for Q3
- GP Industries Q3 profit falls 9.4% on debt provisions, forex impact
- Global Palm Resources issues profit warning
- Valuetronics' Q3 net profit down 36% on lower sales of LED lighting products
The STI Today
Singapore stocks ended 1.1 per cent lower on Wednesday, with the Straits Times Index (STI) shedding 28.49 points to 2,550.74.