Singapore Wrap Thursday
Today's notable stories
Singapore inflation edges up to -0.3 per cent in June
Singapore's inflation rate remained in negative territory in June, although it inched up to -0.3 per cent from -0.4 per cent in May.
Industrial prices, rentals soften amid larger supply in Q2: JTC
Industrial prices in Singapore fell 0.7 per cent in the second quarter of 2015 compared to the preceding quarter. Year on year, they were down 0.9 per cent.
CPI for S'pore households drop 0.4% in H1
The consumer price index (CPI) for Singapore households decreased 0.4 per cent in the first half of this year, contrasting with the 0.5 per cent rise experienced in the preceding six months, according to a report from the Department of Statistics.
Visitor levels down in Singapore, but analysts say may look up in H2
Singapore was ranked as Lonely Planet's top 2015 destination. Yet, it has failed to draw more tourists so far this year.
Former unionist Phey Yew Kok faces 28 more charges
Former member of parliament and ex-fugitive Phey Yew Kok now faces 28 additional charges, bringing the total number of charges against him to 34.
Corporate Earnings
The STI Today
Singapore shares close weaker as penny momentum slows
Penny stock punting continued on Thursday, albeit in much more subdued fashion, most probably since the bulk of retail players have not been participating.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Putin plans to meet Xi in China days after his new term starts
Biden vetoes bid to repeal US labour board rule on contract, franchise workers
Economic leaders of South Korea, Japan, China say FX volatility is a risk
US automakers win extension on use of Chinese graphite in EV tax credits
US service sector contracts in April; price pressures up
Thaksin’s daughter calls central bank independence an ‘obstacle’