Daily Debrief: What Happened Today (Dec 14)
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Asia markets rally amid Fed’s dovish sentiments, rate hike pause
ASIAN markets were trading in positive territory after the US Federal Reserve paused interest rate hikes and signalled that they will cut interest rates in 2024.
Rise in long-term unemployment to 0.7% in September ‘bears close monitoring’: MOM
JOB vacancies in Singapore fell in September, while third-quarter retrenchments rose as a sign of cooling labour demand in the Republic, the Ministry of Manpower’s (MOM) latest labour market report showed on Thursday (Dec 14).
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SINGAPORE’S Budget 2024 should provide specific grants to drive corporate adoption of artificial intelligence (AI), helping businesses boost productivity, said the Singapore National Employers Federation (SNEF) on Thursday (Dec 14).
MPA seeks proposals for methanol bunkering solutions in Singapore from 2025
THE Maritime and Port Authority of Singapore (MPA) is seeking proposals for end-to-end methanol bunkering solutions in the Republic from 2025, it said on Thursday (Dec 14).
Do new HDB estates outperform on resale? Punggol data suggests so
RESALE prices in the new Housing and Development Board (HDB) estate of Punggol have risen at a higher-than-average pace, suggesting that early residents in a brand-new town enjoy “first-mover” advantage, a study by Mogul.sg showed.
Reits lead Singapore stocks higher after Fed holds rates steady; STI up 0.6%
SINGAPORE shares finished higher on Thursday (Dec 14), after the Federal Reserve signalled lower borrowing costs are on the horizon in 2024.
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