Singapore Wrap Friday
Today's notable stories
Singapore-based investors put in S$3.8b in overseas real estate in Q3: DTZ
Singapore-based investors put in at least S$3.8 billion in overseas real estate markets despite a weaker global economy in Q3, according to data compiled by DTZ (SEA) Research.
Uncertainty over Fed rate hike becoming too costly for markets: Tharman
Uncertainty brought about by anticipation over when the US Federal Reserve is going to raise interest rates is becoming too much of a cost for markets to bear, said Singapore's Deputy Prime Minister Tharman Shanmugaratnam on Friday, in his strongest case yet in exhorting the Fed to raise interest rates.
BTO flat supply might go up to cope with higher demand
The supply of new Housing Board flats is likely to go up next year, to meet higher demand arising from recent policy changes.
Singapore's non-oil domestic exports up 0.3% in Sept
Singapore's non-oil domestic exports bounced back from a sharp 8.4 per cent year-on-year fall in August to post a small 0.3 per cent rise last month.
Corporate Earnings
The STI Today
Singapore shares close higher in line with stable China, Wall Street
The five trading days just past closely resembled the five that preceded them - the first common feature being that each day the Straits Times Index (STI) moved ahead of Wall Street, taking cues mainly from the Dow futures but also from China and Hong Kong.
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International
‘We have our jury’: panel selected for Trump criminal trial
UK wage growth and services inflation too high for rate cut, BOE’s Greene says
US to reduce licensing by 80% for UK, Australia to boost Aukus
IMF tells Asian central banks not to follow Fed too closely
UN chief warns Mideast on brink of 'full-scale regional conflict'
IMF boss says ‘all eyes’ on US amid risks to global economy