Daily Debrief: What Happened Today

SG Budget 2017: Measures for dealing with major global shifts

This year's Budget, delivered by Finance Minister Heng Swee Keat in Parliament on Monday, addressed the issue of ensuring that Singapore will be able to thrive in a changing world.

Singapore's Q4 domestic wholesale trade up from Q3 but flat year-on-year

Domestic wholesale trade expanded by 10.3 per cent on a seasonally adjusted basis in the fourth quarter of 2016 over the previous quarter, due partly to higher prices of petroleum and chemical products.

Noble completes US$1b revolving borrowing base facility

Noble Group Limited on Monday said that it has successfully completed a US$1 billion revolving borrowing base facility, which will be utilised by Noble Clean Fuels Limited, its wholly owned subsidiary, to support their business requirements.

Vard Holdings says Aker BioMarine contract's value is 750m kroner

Vard Holdings on Monday morning responded to queries by the Singapore Exchange (SGX), saying that the value of the contract for the design and construction of a krill fishing vessel for Aker BioMarine is roughly 750 million kroner (S$127.4 million).

Takeda Pharmaceutical to transfer Japan consumer healthcare business to subsidiary

Tokyo-listed Takeda Pharmaceutical Company Limited will transfer its Japan consumer healthcare business unit to Takeda Consumer Healthcare Company Limited (TCHC), its wholly owned subsidiary.

IHC requests to suspend redemption of multicurrency medium term note programme

International Healthway Corporation on Monday morning filed a suspension request with the local bourse, saying that there are potential concerns arising from the redemption in relation to its multicurrency medium term note programme.

Franklin Templeton Investments appoints new S-E Asia head

Franklin Templeton Investments on Monday said that Adam Quaife will assume the role of regional head of South-east Asia and co-CEO of Singapore, with effect from Feb 17.

Corporate Earnings

The STI Today

Singapore stocks finish weaker, lacking in direction because of Wall St closure

With Wall Street closed on Monday for President's Day and with traders waiting to hear details of the Singapore government's Budget 2017, the fine-tuned machine that is the local stock market drifted for most of the session in relatively subdued trading.