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Daily Debrief: What Happened Today
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TRADE negotiators from China and the United States are planning to meet in January for talks, Beijing said Thursday, but stopped short of confirming the exact date or location.
ASIAN shares on Thursday latched on to a dramatic surge on Wall Street as markets, battered by a recent drum roll of deepening political and economic gloom, cheered upbeat US data and the Trump administration's effort to shore up investor confidence.
EARLIER concerns that upcoming changes to United States tax regulations could hit Manulife US Reit (real estate investment trust) have now dissipated, after the release of the proposed new regulations on Dec 20.
CHINESE state oil major Sinopec has suspended two senior officials at its trading arm Unipec after the company suffered losses, sources with knowledge of the matter said on Thursday.
INNOPAC Holdings owes its outgoing chairman and chief executive Wong Ching Yong just shy of S$492,000 for unused leave dating back to 2008, the firm disclosed on Wednesday night in response to Singapore Exchange (SGX) queries on its financial results.
The STI Today
SINGAPORE stocks closed higher on Thursday, with the Straits Times Index up 1.12 per cent or 33.59 points to 3,044.74.