Daily Debrief: What Happened Today

Economists raise Singapore's 2017 growth forecast to 2.5%

Economists lifted their forecasts again for Singapore's economic expansion this year, expecting it to hit 2.5 per cent.

Rents of Singapore non-landed private homes fall in May; HDB flat rents up: SRX

Rents of non-landed private homes in Singapore fell 0.8 per cent in May 2017 over the preceding month, while rents of HDB flats rose 0.7 per cent over the same period, based on the latest flash estimates for May released by SRX Property on Wednesday.

Former Noble CEO Alireza sues founder Elman for US$58m

The former chief executive officer of Noble Group Ltd has filed a lawsuit against founder Richard Elman claiming that he's owed stock in the embattled commodity trader.

PM Lee 'deeply saddened' by siblings' allegations

Singapore Prime Minister Lee Hsien Loong is "very disappointed" and "deeply saddened" by his siblings' allegations and issue of a statement publicising private family matters.

More Singapore contractors, consultants securing overseas projects: survey

More Singapore contractors and consultants are venturing overseas and securing projects there, based on the latest construction export survey released by the Building and Construction Authority (BCA) on Wednesday.

Lifebrandz queried over unusual trading activity

The Singapore Exchange (SGX) has queried nightclub operator Lifebrandz over its share trading activity on Wednesday.

The STI Today

Singapore stocks finish lower ahead of US FOMC meeting

The Straits Times Index (STI) on Wednesday fell 4.09 points to 3,253.43, weighed down mainly by falls in DBS and OCBC. Turnover remained below-par as it has for several days now, with 1.9 billion worth S$976.2 million traded and excluding warrants there were 174 rises versus 264 falls throughout the market.