Daily Debrief: What Happened Today
Stories you might have missed
ComfortDelGro to gain from Grab-Uber deal, likely rail-fare hike: Maybank Kim Eng THE potential acquisition of Uber by Grab, reported by Bloomberg, could be positive for ComfortDelGro if it happens in Singapore, as the consolidation could reduce competition for the taxi industry, Maybank Kim Eng analyst John Cheong wrote in a Friday report.
Grab launches bike-sharing marketplace app GrabCycle BIKE-SHARING services oBike, GBikes, Anywheel and Popscoot will be available in a single app, South-east Asian ride-hailing service Grab revealed on Friday.
Scope for 'selective' flexibility in foreign manpower policy: Lim Swee Say EVEN amid tightening criteria for hiring foreign manpower, there is scope for economic agencies to exercise some flexibility when it comes to allowing companies to bring in the talent they need, said Manpower Minister Lim Swee Say.
Noble Group responds to SGX queries over sizeable FY17 non-cash losses COMMODITY trader Noble Group has provided some clarification to the exceptional losses it booked last year, in response to queries from the Singapore Exchange (SGX).
Koh Brothers unit wins bid for Toho Mansion in Holland Village KBD Ventures, a subsidiary of construction and property developer Koh Brothers, has won the en bloc tender for Toho Mansion along Holland Road for S$120.43 million or around S$1,805 per square foot per plot ratio.
Court throws out PropertyGuru's copyright infringement claims against 99.co A SINGAPORE court on Friday dismissed property listing portal PropertyGuru's claims that rival 99.co had infringed its copyright by reproducing photos bearing the PropertyGuru watermark on the latter's website without permission.
The STI today
Singapore shares end flat SINGAPORE shares ended flat on Friday as investors were unnerved by US trade tariffs on steel and aluminium imports, and possible retaliatory moves.
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International
Canada exploring higher tariffs on China electric vehicles: trade minister
Attacker of former US speaker Nancy Pelosi’s husband jailed for 30 years
US, TikTok seek fast-track schedule, ruling by Dec 6 on potential ban
Higher US food prices lead to a shift in shopping habits
Indian spice trade group fears plunge in exports due to ETO pesticide scrutiny
Abu Dhabi’s US$302 billion fund deepens AI and private credit push