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Singapore Wrap Thursday
The Association of Banks in Singapore on Thursday issued its guidelines on responsible financing.
HDB resale prices slipped 0.4 per cent in September 2015 compared to August, led by prices of five-room flats which fell 1.1 per cent.
Singapore Telecommunications Ltd (Singtel) is making its biggest data centre investment in Singapore to date, with a new S$400 million facility in Jurong.
Singapore Post (SingPost) has collaborated with the Infocomm Development Authority of Singapore (IDA) to develop a drone for mail delivery.
The Ascott Ltd has made its foray into Cebu in the Philippines and Pattaya in Thailand by securing five new contracts to manage 875 apartment units.
The STI today
After gaining 169 points or about 6 per cent between Monday and Wednesday, the Straits Times Index (STI) on Thursday fell 14.78 points to 2,947.03 as it spent the day tracking the Dow futures, the latter dropping as much as 130 points at one stage.