Daily Debrief: What Happened Today
Stories you might have missed
One third of job roles in finance may be impacted by automation: MAS-IBF study
THE study focuses on three technology trends which are shifting the nature of job roles in the financial services industry: robotic process automation, advanced analytics and artificial intelligence.
Heng Swee Keat promoted to Deputy Prime Minister from May 1
MR Heng will remain as Minister for Finance and continue to chair both the Future Economy Council and National Research Foundation.
Grab adds Agoda, Booking.com, BookMyShow, HOOQ to super app
IN addition to hotel bookings, on-demand video streaming and ticket purchases, Grab is also introducing an integrated public transport planning service to its app.
RWDC Industries, a Singapore-based biotech startup, has raised US$22 million in an oversubscribed Series A3 round led by Singapore-based venture capital firm Vickers Venture Partners and Eversource Retirement Plan Master Trust, the pension fund of US-based energy firm Eversource Energy.
Singapore's headline inflation inches up in March, core inflation eases marginally
Core inflation, which strips out housing and private transport costs, was 1.4 per cent in March, easing slightly from 1.5 per cent in February and lower than economists' forecasts of 1.7 per cent.
The STI today
Singapore shares slip 0.1% on Tuesday amid lack of market cues
The Straits Times Index (STI) closed at 3,353.47, down 4.23 points or 0.13 per cent.
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International
US inflation increases moderately in February; consumer spending surges
Fed’s balancing act could see June rate cut in play even with sticky inflation
China’s red carpet draws CEOs but few expect their money to follow
Australia wants businesses to diversify after China scraps wine tariffs
Japan FX chief calls yen’s slump unusual, vows to act if needed
Trump’s meme stock is skyrocketing but for how long?