Daily Debrief: What Happened Today

Noble warns of Q4 and FY2015 losses

Commodity trader Noble Group on Tuesday warned that it will incur net losses for its fourth quarter and full year ended Dec 31, 2015.

Keppel reiterates zero tolerance against bribery as Petrobras investigations heats up

Singapore's Keppel Corp reiterated on Tuesday its zero-tolerance stance against any form of illegal activity, including bribery and corruption, involving its employees or associates, as investigations involving scandal-plagued Brazilian oil giant Petrobras heats up.

Consumer prices in Singapore fall 0.6% in January

Consumer prices continued to fall 0.6 per cent year-on-year in January, unchanged from December, according to latest statistics on the Singapore consumer price index released by the government.

No collusion in petrol pricing: Competition Commission of Singapore

Crude oil prices fell by an average of 59 cents in January 2014-January 2016 while effective pump prices dropped 45 cents, according to an interim study by the Competition Commission of Singapore.

Singapore lawyers warn of 1998-like pain as debt defaults spread

Rajah & Tann Singapore LLP, Southeast Asia's largest law firm, reckons the region's rising bond defaults will inflict as much pain on creditors as the financial crises of 2008 and 1998.

StanChart annual profit slumps 84%

Standard Chartered said on Tuesday its annual profit fell 84 per cent, as weaker global financial markets, tumbling commodity prices and rising loan impairments continued to hammer revenues at the emerging markets-focused bank.

Corporate Earnings

The STI Today

Singapore shares close higher, led by banks

The Straits Times Index on Tuesday moved in tandem with rises and falls in various other markets, most notably the Dow futures, Hong Kong and China. It eventually settled at 2,672.07, a net gain of 11.42 points for the day. At 5pm, the Dow futures stood 40 points weaker.


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