Daily Debrief: What Happened Today
Stories you might have missed
Singapore condo resale prices edge up in September; units sold drop again: SRX
OVERALL condominium resale prices rose 0.8 per cent in September from a year ago.
Singdollar could weaken to 1.42 per USD by year end: DBS
THE Singapore dollar (SGD) is poised to fall further to 1.42 per US dollar (USD) by the year end, amid weakness in the yuan, an intractable trade war and disappointing Singapore growth data, said DBS analysts.
Bus, train fares to rise by 7% from Dec 28; hike capped at 4 cents per trip for 1 in 2 Singaporeans
THE hike is the maximum allowed in this year's formula, and the biggest percentage jump since 1998 - driven largely by a spike in fuel and energy costs.
ARA Private Funds inks more than US$460m of property deals in H1 2019
SUBJECT to due diligence, APF is also scheduled to sign a further US$700 million of pipeline assets by the fourth quarter this year.
Digital payments startup Rapyd bags remittance licence in Singapore
THE remittance licence will enable Rapyd's corporate customers to extend digital payments services to their networks, that is, enabling them to send and receive money across over 100 countries globally in more than 160 currencies.
Lack of talent is biggest gap in South-east Asia tech space: EDB executive
EVEN as opportunities abound, the region lacks senior product managers and engineers partly because it does not have a history of building "brilliant" tech systems.
The STI today
Singapore shares gain 0.4% on Tuesday despite US-China trade worries THE Straits Times Index (STI) closed at 3,110.85, adding 11.37 points or 0.4 per cent on Tuesday.
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International
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
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations