Daily Debrief: What Happened Today

Singapore dollar facing record 4th annual decline prompts local selling

Nirgunan Tiruchelvam, an equities analyst at Religare Capital Markets in Singapore, says he's been reducing his exposure to the local dollar by boosting investments in the US currency since the middle of last year. The timing couldn't have been much better.

Singapore unionised sector sees 11.8% more lay-offs in 2015

The brittle economic sentiment seemed to weigh down on the unionised sector with more workers laid off last year as compared with 2014.

Prices of private homes down 0.5% in Q4, rents down 1.3%: URA

Prices of private homes fell 0.5 per cent in the fourth quarter of 2015 over the preceding quarter, according to Urban Redevelopment Authority data released on Friday. This follows a 1.3 per cent quarter-on-quarter fall in Q3 2015.

Keppel uncertainty prolonged as key Brazil client delays decision

Keppel Corp's uncertainties about the oil-rig market are set to continue after a key customer in Brazil that has fallen more than a year behind on its bills postponed a meeting on restructuring.

Singapore employers plan moderate salary hikes this year: Hays

Some 47 per cent of employers in Singapore plan salary increases of 3 to 6 per cent in the next review period and 28 per cent plan increases of only up to 3 per cent.

Noble Group's Elman sees future as smaller, nimble company

Noble Group, Asia's biggest commodities trader, expects to ride out the market downturn and recover from recent accounting-related allegations by turning into a nimble and asset-light company, its founder and chairman Richard Elman told Reuters in an interview on Friday.

Corporate Earnings

The STI Today

Singapore shares close higher on Friday but lower for the week

A disastrous start, an even worse mid-week session, and an encouraging finish - this sums up the week just passed, during which equity markets everywhere continued to display massive volatility, reportedly because of oil price weakness and large swings in China where prices are more likely to rise than fall.