Daily Debrief: What Happened Today
Stories you might have missed
SINGAPORE said it believes such disputes are best settled through negotiations, failing which, it is prepared to take them to an international third party for settlement on terms that all sides agree to.
Singapore labour market strengthened in Q3 but hiring shows signs of slowing
Overall unemployment crept up slightly, and the proportion of residents who found work last quarter within six months of being retrenched slipped to 62 per cent, down from 64 per cent in the second quarter.
Activist fund Quarz urges Sunningdale Tech to return cash to shareholders
IN an open letter to the board on Thursday, Quarz urged Sunningdale to return more cash to shareholders, by distributing at least 60 per cent of core net income in 2019 as dividends.
Singapore energy-saving firm wins S$45m KKR investment
KKR & Co is buying a stake of as much as S$45 million in Barghest Building Performance, a Singapore provider of energy saving solutions, in the private equity firm's first impact investment globally.
Uber CEO, Temasek invest in urban farming startup
BOWERY Farming Inc, a two-year-old startup that uses robotics to cultivate crops indoors, is on track for more growth.
Corporate Earnings
Del Monte Q2 profit back in the black on one-off expenses a year ago
The STI today
Singapore shares end higher on Thursday
SINGAPORE stocks closed higher on Thursday, with the Straits Times Index up 0.36 per cent or 11.09 points to 3,111.08.
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International
China’s first-quarter industrial profits rise at slower pace
When US diplomats visit China, meal choices are about more than taste buds
Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked