Daily Debrief: What Happened Today
Stories you might have missed
Singapore Q3 GDP grew 2.2%, below street estimates; MTI narrows 2018 forecast to 3-3.5%
SINGAPORE'S growth in the third quarter fell short of economist predictions, dragged down by moderating demand for electronics amid uncertain global conditions arising from the US-China trade war.
Singapore non-oil exports grow for 5th quarter in a row in Q3, posts 8% jump
SINGAPORE'S non-oil domestic exports (NODX) continued to grow for the fifth straight quarter in July-September, posting an 8.0 per cent jump over the past year and extending the 9.3 per cent rise in the second quarter.
IMDA puts up seed funding to boost blockchain adoption by enterprises
IN a bid to grow the blockchain ecosystem in Singapore, the Infocomm Media Development Authority (IMDA) is putting up seed funding for industry players to develop platforms that connect blockchain special interest groups, solution providers and other related services providers.
Temasek setting up new groups to explore AI and blockchain deals
Temasek is creating so-called "experimental pods" to focus on these two areas, which it sees as long-term trends impacting multiple industries and geographies.
Real pay in Singapore expected to rise 2.6% in 2019: ECA International poll
HIGHER inflation is likely to trim average real pay increase in Singapore to 2.6 per cent in 2019, down from 2.9 per cent this year, according to ECA International.
Corporate Earnings
The STI Today
Singapore shares end marginally higher on Thursday
SINGAPORE stocks closed the session slightly higher on Thursday, with the Straits Times Index rising 2.73 points, or 0.1 per cent to 3,041.38.
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International
German business sentiment rises in April: Ifo
Indonesia’s central bank delivers surprise rate rise to support rupiah
Prabowo’s aide says Indonesia doesn’t need another rate hike
German forecast to offer signs if ailing economy on the mend
PBOC steps up rhetoric against long-end government bond rally
Trade, TikTok, Taiwan: Blinken faces tough talks in China