Daily Debrief: What Happened Today

Stories you might have missed

Hotel operators gear up for F1, with many almost at full capacity for the race

WHILE hotel operators are gearing up to welcome the influx of international visitors eager to catch the first Singapore Grand Prix event in 3 years, tourism players located outside the Marina Bay area are bracing themselves for a fall in activity, as regular holidaymakers are expected to delay their travel plans until after the Sep 30-Oct 2 race weekend.

Bagnall Court in Upper East Coast Road up for en bloc sale at S$125m

BAGNALL Court, a freehold condominium along Upper East Coast Road, has been put up for collective sale via tender with a guide price of S$125 million, sole marketing agent JLL said on Tuesday (Sep 20).

Wide talent networks, continuous learning are key in future of work: Chan Chun Sing

MORE than the local-foreign composition of Singapore’s workforce, a bigger challenge of work today is “how wide and how deep a talent network a company or country can command, to determine our speed of evolution to outrun the competition”, said Education Minister Chan Chun Sing on Tuesday (Sep 20).

Bright spots in EU bank bonds as rates rise

THIS month, the European Central Bank (ECB) decided to raise its key interest rates by 75 basis points (bps). The interest rate on the main refinancing operations will be raised to 1.25 per cent.

JPMorgan names Hong Wai Mei senior country officer for Singapore

JPMORGAN Chase & Co appointed Hong Wai Mei as senior country officer for Singapore, according to a memo seen by Bloomberg News.

Corporate Earnings

• Top Glove posts first quarterly loss since listing, raises glove prices amid challenges

The STI today

Singapore stocks close 0.3% higher after last-hour dip-buying on Wall Street

MARKETS may still be jittery about the upcoming interest rate hike from the US Federal Reserve, but a last-hour dip-buying in Wall Street which pushed US indices to reverse earlier declines has given Asian markets a lift.