Singapore Wrap Monday
Today's notable stories
MND gives details on Proximity Housing Grant and timelines for new measures
The Ministry of National Development on Monday provided more details on the four housing measures that Prime Minister Lee Hsien Loong mentioned in his National Day Rally speech on Sunday.
Singapore inflation eases to -0.4% in July
While Singapore's headline inflation rate eased to -0.4 per cent in July from June's -0.3 per cent, core inflation rose to 0.4 per cent last month from 0.2 per cent in June.
Commercial crime cases up 55%, others decline in first half of 2015
Commercial crimes in Singapore, led by online scams, increased significantly in the first six months of this year from a year ago, even as other offences including violent/serious property crimes, thefts and housebreaking cases declined.
Singapore General Election
NSP CEC member Mohamed Fazli Talip quits, the party's second resignation in a week
Ahead of the looming General Election, the National Solidarity Party has been rocked by yet another resignation, this time by central executive committee member Mohamed Fazli Talip.
The STI Today
Singapore: Shares close down 4.3% on fears over China economy
The Singapore market tumbled 4.3 per cent on Monday, with the Straits Times Index dropping 127.62 points to 2,843.39.
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International
Inflation in Japan’s capital falls below BOJ target, slows for second month
Chinese firms are investing abroad at fastest pace in eight years
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall